Extremists May Benefit From Financial Crisis, Researcher Says
The global financial crisis could strengthen far-right extremists, a German political scientist said, adding that he sees parallels between today's current turmoil the Nazis' rise to power in the 1930s.
"I am, of course, not prophesying that far-right extremists grab power like they did on January 30, 1933," political scientist Christoph Butterwegge told German news agency dpa. "But it is striking how similar the cycles are."
The bankruptcy of financial institutions and plunging stock markets set off a global economic crisis that led to mass unemployment in Germany that the National Socialist German Workers Party took advantage of for its growth.
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"I am, of course, not prophesying that far-right extremists grab power like they did on January 30, 1933," political scientist Christoph Butterwegge told German news agency dpa. "But it is striking how similar the cycles are."
The bankruptcy of financial institutions and plunging stock markets set off a global economic crisis that led to mass unemployment in Germany that the National Socialist German Workers Party took advantage of for its growth.