EUROPEAN JEWRY´S ASSETS BEFORE THE HOLOCAUST

By Gundhramns Hammer
August 27, 2013

Source: Google Images.

Before the Holocaust, the Jewish population in Central Europe was economically in good shape. They had accumulated enough wealth to make them a good target for plundering and robbery. 

Nobody knows for sure how much Jewish property was stolen, destroyed and lost during the Nazi regime. 

Helen B. Junz (1999) has studied the wealth owned by the Jewish population in the countries where Nazis took control, that is Austria, the Netherlands, Germany, France, Hungary and Poland, which together had around 5 million Jews. This economist´s goal was to "help put in perspective the question of dormant accounts in Swiss banks". 

Junz (1999) has estimated a total Pre-War Jewry´s wealth of US$12.9 billion at "nominal exchange rates" (1938 dollars) (Table1).

Table 1. Estimated  European Pre-War Jewry´s assets. Source: Junz (1999).

By today´s standards, the Pre-War Jewish population in the Nazi controlled countries was rich. One of the main Jewish scions, the Rothschilds, already owned practically all of the economy of Europe. 

How these Jews had amassed such a tremendous quantity of money is another story. Historians indicate that the three main sources some Jews employed to get rich were banking, trade and war. 

To learn more about the history of Jewish economics, we suggest you do some homework on your own. Start out with Reuveni & Wobick-Segev (2011) and work backwards, without neglecting Norman G. Finkelstein documentation of the Holocaust industry's scandalous cover-up of the blackmail of Swiss banks. 

Along the way you will discover some interesting facts and myths. You will encounter some good apples in the Jewish barrel and some terribly rotten ones as well, just like in any group of human beings.

It is up to you to separate the grain from the chaff.

References

Finkelstein N. G. (2003). The Holocaust Industry: Reflections on the Exploitation of Jewish Suffering. Verso Books, Brooklyn, New York, NY, USA. 286 p.

Findlay R. & O´Rourke K. H. (2007). Power and Plenty: Trade, War, and the World Economy in the Second Millennium. Princeton University Press, Princeton, NJ, USA. 619 p.

Junz H. B. (1999). Report on the Pre-War Wealth Position of the Jewish Population in Nazi Occupied Countries, Germany and Austria. Annex to Report on Dormant Accounts of Victims of Nazi Persecution in Swiss Banks. Independent Committee of Eminent Persons, Bern, Switzerland. Appendix S: A-127-206.

Reuveni G. & Wobick-Segev S. (2011). The Economy in Jewish History: New Perspectives on the Interrelationship Between Ethnicity and Economic Life. Berghahn Books, New York, NY, USA. 252 p.

Disclaimer: 

The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein. The information herein contained is for educational and/or entertainment purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. These terms and conditions of use are subject to change at any time and without notice.