--- title: "Meaning & Key Takeaway of: When the Reich could no longer pay its…" description: "\"When the Reich could no longer pay its obligations, Germany would go bankrupt.\" — Edwin Black" image: "https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg" --- # When the Reich could no longer pay its obligations… ![“When the Reich could no longer pay its obligations, Germany would go bankrupt.” quote by Edwin Black](https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg) [Download](https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg) [Open image](https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg) > “When the Reich could no longer pay its obligations, Germany would go bankrupt.” [Edwin Black](https://sms4smile.com/quotes/author/edwin-black/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. When Germany couldn’t meet its financial obligations, the nation faced bankruptcy, highlighting fiscal instability. **In simple terms:** Germany’s inability to pay led to bankruptcy. Key Takeaway Understand fiscal responsibility. Themes economics history financial crisis government debt national bankruptcy Mood analytical historical educational Type economic political When to use this quote - financial planning - government budgeting - economic education - policy reform Key Concepts inflation debt management policy failure economic collapse Questions to Reflect On - What policies could have prevented the crisis? - How does this historical event inform modern fiscal policy? A Different Perspective Complex causes beyond payment failure contributed to bankruptcy. ★ ★ ★ ★ ★ No ratings yet [Bankrupt](https://sms4smile.com/quotes/about/bankrupt/) [Germany](https://sms4smile.com/quotes/about/germany/) [Germany Bankrupt](https://sms4smile.com/quotes/about/germany-bankrupt-3370705/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Obligation](https://sms4smile.com/quotes/about/obligation/) [Obligations Germany](https://sms4smile.com/quotes/about/obligations-germany-3370706/) [Pay](https://sms4smile.com/quotes/about/pay/) [Reich](https://sms4smile.com/quotes/about/reich/) ## Related quotes > [Everybody should know that Germany will not go it alone: there will be no restless Reich.](https://sms4smile.com/quotes/helmut-kohl/everybody-should-know-that-germany-will-not-go-it-alone-there-will-be/) [Helmut Kohl](https://sms4smile.com/quotes/author/helmut-kohl/) > [Every city and town in America would be bankrupt if they kept their books the way private-sector companies keep their books - because of…](https://sms4smile.com/quotes/clayton-m-christensen/every-city-and-town-in-america-would-be-bankrupt-if-they-kept-their/) [Clayton M. Christensen](https://sms4smile.com/quotes/author/clayton-m-christensen/) > [I believe that this was God's Will - to send a boy into the Reich, to let him become its Leader, in order to…](https://sms4smile.com/quotes/adolf-hitler/i-believe-that-this-was-god-s-will-to-send-a-boy-into-the-reich-to/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [Notionally a left-wing movement, the Anti-Germans were born after the collapse of the Berlin wall. While most Germans rejoiced at the end of the…](https://sms4smile.com/quotes/luke-harding/notionally-a-left-wing-movement-the-anti-germans-were-born-after-the/) [Luke Harding](https://sms4smile.com/quotes/author/luke-harding/) > [“The uncompromising pride of the Third Reich had been broken by the world-wide collaboration of people not avid of conquest, but of freedom.”](https://sms4smile.com/quotes/mikl-s-nyiszli/the-uncompromising-pride-of-the-third-reich-had-been-broken-by-the/) [Miklós Nyiszli](https://sms4smile.com/quotes/author/mikl-s-nyiszli/) > [“Reich’s genius birthed tools we’ve yet to fully grasp: his character armor and muscular armoring concepts seeded ego psychology, body psychotherapy, Gestalt therapy (Fritz…](https://sms4smile.com/quotes/laurence-galian/reich-s-genius-birthed-tools-we-ve-yet-to-fully-grasp-his-character/) [Laurence Galian](https://sms4smile.com/quotes/author/laurence-galian/) > [We have made the Reich by propaganda](https://sms4smile.com/quotes/anonymous/we-have-made-the-reich-by-propaganda/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The German Reich is a Republic, and whoever doesn't believe it gets one in the neck.](https://sms4smile.com/quotes/alfred-doblin/the-german-reich-is-a-republic-and-whoever-doesn-t-believe-it-gets/) [Alfred Doblin](https://sms4smile.com/quotes/author/alfred-doblin/) > [“The Reich may tell you whom you may love and whom you must hate. Oh, yes, Thomas, the Reich can dictate the inward life…](https://sms4smile.com/quotes/bodie-thoene/the-reich-may-tell-you-whom-you-may-love-and-whom-you-must-hate-oh/) [Bodie Thoene](https://sms4smile.com/quotes/author/bodie-thoene/) > [These clashes are the only evolu-tionary possibility which will enable us one day, now that Fate has given us the Fuehrer Adolf Hitler, to…](https://sms4smile.com/quotes/heinrich-himmler/these-clashes-are-the-only-evolu-tionary-possibility-which-will/) [Heinrich Himmler](https://sms4smile.com/quotes/author/heinrich-himmler/) > [The Third Reich is the first power which not only recognizes, but puts into practice, the high principles of the Papacy.](https://sms4smile.com/quotes/avro-manhattan/the-third-reich-is-the-first-power-which-not-only-recognizes-but-puts/) [Avro Manhattan](https://sms4smile.com/quotes/author/avro-manhattan/) > [“Pulsation: Pulsation is a foundational concept in Reichian therapy that describes the innate, rhythmic expansion and contraction of life energy (orgone) within all living…](https://sms4smile.com/quotes/laurence-galian/pulsation-pulsation-is-a-foundational-concept-in-reichian-therapy/) [Laurence Galian](https://sms4smile.com/quotes/author/laurence-galian/) > [“The Rise and Fall of the Third Reich, by William Shirer.”](https://sms4smile.com/quotes/michael-finkel/the-rise-and-fall-of-the-third-reich-by-william-shirer/) [Michael Finkel](https://sms4smile.com/quotes/author/michael-finkel/) > [“in a male-dominated world, Reich suggested, there was an “economic interest” in the continued role of women as “the provider of children for the…](https://sms4smile.com/quotes/gay-talese/in-a-male-dominated-world-reich-suggested-there-was-an-economic/) [Gay Talese](https://sms4smile.com/quotes/author/gay-talese/) > [He believed that all people existed behind varying layers of armor which, like the archaeological layers of earth itself, reflected the historical events and…](https://sms4smile.com/quotes/gay-talese/he-believed-that-all-people-existed-behind-varying-layers-of-armor/) [Gay Talese](https://sms4smile.com/quotes/author/gay-talese/) ## More by Edwin Black > [“Behind every text footnote is a file folder with all the hardcopy documentation needed to document every sentence in this book at a moment’s…](https://sms4smile.com/quotes/edwin-black/behind-every-text-footnote-is-a-file-folder-with-all-the-hardcopy/) [Edwin Black](https://sms4smile.com/quotes/author/edwin-black/) > [In London, almost all Jewish shops in the Whitechapel district were displaying placards denying entry to German salesmen and affirming their anti-Nazi boycott. Teenagers…](https://sms4smile.com/quotes/edwin-black/in-london-almost-all-jewish-shops-in-the-whitechapel-district-were/) [Edwin Black](https://sms4smile.com/quotes/author/edwin-black/) > [Fifty-thousand were gathered (March,27th,1933) in and around Madison Square Garden, supportive rallies were at that moment waiting in Chicago, Washington, San Francisco, Houston, and…](https://sms4smile.com/quotes/edwin-black/fifty-thousand-were-gathered-march-27th-1933-in-and-around-madison/) [Edwin Black](https://sms4smile.com/quotes/author/edwin-black/) [Explore all 4 Edwin Black quotes ](https://sms4smile.com/quotes/author/edwin-black/) ## More Bankrupt quotes > [“Forcing new loans upon the bankrupt on condition that they shrink their income is nothing short of cruel and unusual punishment. 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Let a man lose everything else in the world, but…](https://sms4smile.com/quotes/william-howard-arnold/the-worst-bankrupt-in-the-world-is-the-man-who-has-lost-his/) [William Howard Arnold](https://sms4smile.com/quotes/author/william-howard-arnold/) > [I have never gone bankrupt.](https://sms4smile.com/quotes/donald-trump/i-have-never-gone-bankrupt/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [I've developed a lot of reform proposals myself and been accused of trying to destroy Social Security, when the whole point was to try…](https://sms4smile.com/quotes/jim-demint/i-ve-developed-a-lot-of-reform-proposals-myself-and-been-accused-of/) [Jim DeMint](https://sms4smile.com/quotes/author/jim-demint/) > [Its bad when men have money for cars, rims , shoes and etc. But when it comes to feeding their child or supporting their…](https://sms4smile.com/quotes/kale-bell/its-bad-when-men-have-money-for-cars-rims-shoes-and-etc-but-when-it/) [Kale Bell](https://sms4smile.com/quotes/author/kale-bell/) > [ Not every company went bankrupt. Not every bank needed TARP \[Troubled Asset Relief Program\]. So I'm very proud that JPMorgan, throughout that time period,… ](https://sms4smile.com/quotes/jamie-dimon/not-every-company-went-bankrupt-not-every-bank-needed-tarp-troubled/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [Every city and town in America would be bankrupt if they kept their books the way private-sector companies keep their books - because of…](https://sms4smile.com/quotes/clayton-m-christensen/every-city-and-town-in-america-would-be-bankrupt-if-they-kept-their/) [Clayton M. Christensen](https://sms4smile.com/quotes/author/clayton-m-christensen/) > [There is an old saying, "How did you go bankrupt?" And the answer is, "Gradually, and then suddenly." The impending fiscal crisis in the…](https://sms4smile.com/quotes/seth-klarman/there-is-an-old-saying-how-did-you-go-bankrupt-and-the-answer-is/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Let us not bankrupt our todays by paying interest on the regrets of yesterday and by borrowing in advance the troubles of tomorrow.](https://sms4smile.com/quotes/ralph-w-sockman-2/let-us-not-bankrupt-our-todays-by-paying-interest-on-the-regrets-of/) [Ralph W. Sockman](https://sms4smile.com/quotes/author/ralph-w-sockman-2/) > [“Why is this such a well-kept secret? The core issue is that we don't believe we're still spiritually "bankrupt." Having come into God's kingdom…](https://sms4smile.com/quotes/jerry-bridges/why-is-this-such-a-well-kept-secret-the-core-issue-is-that-we-don-t/) [Jerry Bridges](https://sms4smile.com/quotes/author/jerry-bridges/) > [I was spiritually bankrupt, and when that happens, it's like a spiritual cancer afflicts you.](https://sms4smile.com/quotes/mel-gibson/i-was-spiritually-bankrupt-and-when-that-happens-it-s-like-a/) [Mel Gibson](https://sms4smile.com/quotes/author/mel-gibson/) > [“Millions of business people are each constantly forced to choose between their desire to not be a bad person and their desire to be…](https://sms4smile.com/quotes/mokokoma-mokhonoana/millions-of-business-people-are-each-constantly-forced-to-choose/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) > [“I’m bankrupt without love.”](https://sms4smile.com/quotes/eugene-h-peterson/i-m-bankrupt-without-love/) [Eugene H. Peterson](https://sms4smile.com/quotes/author/eugene-h-peterson/) [Browse all 144 Bankrupt quotes ](https://sms4smile.com/quotes/about/bankrupt/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "When the Reich could no longer pay its obligations, Germany would go bankrupt.", "creator": { "@type": "Person", "name": "Edwin Black" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/edwin-black/when-the-reich-could-no-longer-pay-its-obligations-germany-would-go/", "about": { "@type": "Thing", "name": "Bankrupt" }, "@id": "https://sms4smile.com/quotes/edwin-black/when-the-reich-could-no-longer-pay-its-obligations-germany-would-go/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg", "contentUrl": "https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg", "url": "https://sms4smile.com/quotes/i/6ff/edwin-black-66134_bankrupt_when-the-reich-could-no-longer-pay-its-o_2789789.jpg", "width": 1080, "height": 1080, "caption": "“When the Reich could no longer pay its obligations, Germany would go bankrupt.” — Edwin Black", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Edwin Black", "item": "https://sms4smile.com/quotes/author/edwin-black/" }, { "@type": "ListItem", "position": 4, "name": "When the Reich could no longer...", "item": "https://sms4smile.com/quotes/edwin-black/when-the-reich-could-no-longer-pay-its-obligations-germany-would-go/" } ], "@id": "https://sms4smile.com/quotes/edwin-black/when-the-reich-could-no-longer-pay-its-obligations-germany-would-go/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```