{"id":3492,"date":"2025-07-26T01:28:00","date_gmt":"2025-07-26T04:28:00","guid":{"rendered":"https:\/\/elinversordebolsillo.com.ar\/?p=3492"},"modified":"2025-08-11T14:40:06","modified_gmt":"2025-08-11T17:40:06","slug":"dollfuss","status":"publish","type":"post","link":"https:\/\/elinversordebolsillo.com.ar\/en\/dollfuss\/","title":{"rendered":"El Canciller Dollfuss es Asesinado en 1934: Impactante ca\u00edda de la bolsa americana por miedo al avance nazi"},"content":{"rendered":"<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-large-font-size\">Anniversary of July 26<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\"><strong><em>On July 25, 1934, Austrian Chancellor Engelbert Dollfuss was assassinated by the Nazis. The following day, the New York Stock Exchange collapsed as fear of war gripped investors.<\/em><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>On July 25, 1934, a group of Austrian Nazi paramilitaries, known as the Austrian SS, attempted to seize power through a coup d&#039;\u00e9tat. Their goal was to overthrow Chancellor Dollfuss, a staunch opponent of the Anschluss (the annexation of Austria by Nazi Germany).<\/p>\n\n\n\n<p>The rebels attacked the Austrian Chancellery in Vienna, where Dollfuss was located. A fierce clash ensued between government guards and the insurgents, during which the chancellor was seriously wounded. Despite being taken to a hospital, Dollfuss died of his wounds later that day.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>El fracaso del golpe de estado y sus consecuencias<\/strong><\/h2>\n\n\n\n<p>Although the rebels managed to temporarily seize the Foreign Ministry, the coup ultimately failed. Government forces, supported by the army, managed to suppress the rebellion and restore order.<\/p>\n\n\n\n<p>Dollfuss&#039;s death was a severe blow to the Austrian Nazi movement. However, the event also served to consolidate the power of the authoritarian Austrian regime, which remained in power until 1938, when Austria was annexed by Nazi Germany.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Engelbert Dollfuss<\/strong><\/h2>\n\n\n\n<p>Engelbert Dollfuss was an Austrian politician who served as Chancellor of Austria from 1932 until his assassination in 1934. He was a key figure in the Austrian resistance to the Anschluss and a staunch opponent of Nazism.<\/p>\n\n\n\n<p>Dollfuss was a devout Catholic and a social conservative. He implemented authoritarian policies to maintain control of the country, which led to his criticism from his opponents. However, he is also recognized for his efforts to preserve Austria&#039;s independence in the face of the growing threat from Nazi Germany.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img data-dominant-color=\"404040\" data-has-transparency=\"false\" style=\"--dominant-color: #404040;\" fetchpriority=\"high\" decoding=\"async\" width=\"391\" height=\"303\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/dollfuss-png.webp\" alt=\"Canciller Dollfuss\" class=\"wp-image-6110 not-transparent\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/dollfuss-png.webp 391w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/dollfuss-300x232.webp 300w\" sizes=\"(max-width: 391px) 100vw, 391px\" \/><figcaption class=\"wp-element-caption\">Chancellor Dollfuss<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The importance of the event:<\/strong><\/h2>\n\n\n\n<p>The assassination of Engelbert Dollfuss and the failed coup d&#039;\u00e9tat of 1934 were pivotal events in Austrian history. These events marked a turning point in the power struggle between the Austrian government and the Austrian Nazi movement, and ultimately led to the annexation of Austria by Nazi Germany in 1938.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The effect on stock markets and international markets<\/h2>\n\n\n\n<p><strong>US stocks fall 6.61% after Austrian Nazis assassinate the country&#039;s chancellor and take cabinet members hostage.<\/strong><\/p>\n\n\n\n<p>Source: New York Times<\/p>\n\n\n\n<p>As Italy and Germany massed troops on the Austrian border, investors feared that a new world war was imminent. (Recall that the assassination of Archduke Franz Ferdinand of Austria on June 28, 1914, was the trigger for World War I.) Fortunately, tensions would dissipate, and the U.S. stock market would continue its recovery from the Great Depression low it had reached less than two years earlier.<\/p>\n\n\n\n<p>World War II, and particularly the Nazi advance in Europe, had a profound and multifaceted impact on international financial markets. As Adolf Hitler expanded his territorial dominance, stock markets experienced extreme volatility, with investors reacting to geopolitical chaos and economic uncertainty. The outbreak of war in 1939 had already triggered a sharp decline in global markets, but the speed and force of the German advances increased the pressure. Investors feared both for Europe&#039;s economic stability and the impact of potential trade restrictions and new war policies.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/inscripcion-mentoria-financiera\/\"><img decoding=\"async\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/banner3.png\" alt=\"Banner El Inversor de Bolsillo\" class=\"wp-image-4623\" style=\"width:817px;height:auto\" title=\"\"><\/a><\/figure>\n\n\n\n<p>A clear example of this effect was the reaction to the invasion of France in 1940. The capture of Paris and the rapid collapse of one of Europe&#039;s major powers hit the British and American markets particularly hard. In London, the FTSE index suffered historic falls due to the direct threat to the United Kingdom, while in New York, the Dow Jones reflected growing nervousness about the possibility of the United States being drawn into the conflict. Companies with international ties, especially in sectors such as banking, manufacturing, and shipping, faced significant losses.<\/p>\n\n\n\n<p>Commodity trading was also deeply affected. Nazi control of vast resource-rich regions, such as Poland and parts of the Soviet Union, disrupted the global supply of key products like coal, steel, and oil. These shortages, combined with rationing and the redirection of resources toward the war effort, created imbalances that inflated prices and affected the economies of both Allied and neutral countries. At the same time, gold and foreign currency markets became safe havens from uncertainty, experiencing increased activity as investors sought to protect their wealth.<\/p>\n\n\n\n<p>However, it wasn&#039;t all decline. Some sectors, such as the arms industry and companies linked to military production, saw their stock prices boom thanks to increased war spending. In the United States, the Lend-Lease program for the Allies boosted the domestic economy and began to mark the transition to a full-scale war effort, which would eventually lift the country out of the Great Depression. This demonstrates how, even in times of conflict, financial markets find ways to adapt, reflecting both the tragedies and opportunities of the moment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Both you and your company can also invest without fear.<\/h2>\n\n\n\n<p>Getting the best financing for your business isn&#039;t easy. And you&#039;re also focused on improving your business, so financial matters can be difficult. Don&#039;t worry, we&#039;re here to help.<br><strong>With the <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/financiamiento-empresas\/\" data-type=\"post\" data-id=\"2822\">Financial Optimization Program<\/a> From El Inversor de Bolsillo\u00ae, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. <\/strong>We help you manage the registration in a Reciprocal Guarantee Society and <strong>get the best rates on the market<\/strong>. After the three free months have passed, a set number of monthly hours of financial consulting is provided.<\/p>\n\n\n\n<p>In the <strong><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/mentoria-financiera\/\" data-type=\"post\" data-id=\"2813\">Financial Mentoring<\/a> With El Inversor de Bolsillo\u00ae you can learn while you invest, and we&#039;ll guide you according to your needs.<\/strong> Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to <strong>your investment is a success<\/strong>, so much <strong>investing in Argentina as in any other part of the world.<\/strong><br>There are different monthly plans of <strong>according to your circumstances and your budget<\/strong>The most important thing is that whichever plan you choose, <strong>you'll never be alone<\/strong>We will accompany you in your learning so that you can <strong>invest successfully.<\/strong><\/p>\n\n\n\n<p>If you want to learn more about how to invest risk-free, visit our website. <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/\">www.elinversordebolsillo.com.ar<\/a> either <a href=\"https:\/\/www.youtube.com\/@elinversordebolsillo\" target=\"_blank\" rel=\"noopener\">our YouTube channel<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-gestor-del-servicio wp-block-embed-gestor-del-servicio wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"What are the Pocket Investor mentorships like?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/tST87EKSg0Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">See more 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class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Sir Isaac Newton: El Brillante Ci\u00e9ntifico, Te\u00f3logo e Inversor\" style=\"--dominant-color: #656565;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp 735w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21-300x192.webp 300w\" sizes=\"(max-width: 735px) 100vw, 735px\" data-has-transparency=\"false\" data-dominant-color=\"656565\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\"><h4 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\">Sir Isaac Newton: The Brilliant Scientist, Theologian, and Investor<\/a><\/h4><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5200 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-consejos-financieros category-efemerides category-marzo category-mercado-internacional tag-aerolineas tag-burbuja-puntocom tag-finanzas tag-mercado-de-valores tag-mercado-internacional\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/priceline\/\" target=\"_self\"><img decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-png.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"La Incre\u00edble IPO de Priceline.com y las 5 Lecciones que deja para los Inversores\" 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category-efemerides category-marzo category-mercado-internacional tag-doctor-catastrofe tag-doctor-doom tag-economia tag-mercado-internacional tag-nouriel-roubini\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/doctor-catastrofe\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-png.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Qui\u00e9n es el Doctor Cat\u00e1strofe y su Sorprendente Profec\u00eda\" style=\"--dominant-color: #59596c;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-png.webp 900w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-300x200.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-768x512.webp 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" data-has-transparency=\"false\" data-dominant-color=\"59596c\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\"><h4 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/doctor-catastrofe\/\" target=\"_self\">Who is Doctor Catastrophe and his surprising prophecy?<\/a><\/h4><\/div>\n<\/div>\n\n<\/li><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>On July 25, 1934, Austrian Chancellor Engelbert Dollfuss was assassinated by the Nazis. The following day, the New York Stock Exchange collapsed as fear of war gripped investors.<\/p>","protected":false},"author":2,"featured_media":6110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[77,46,53,28],"tags":[118,117,70,119],"class_list":["post-3492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-efemerides","category-julio","category-mercado-internacional","tag-austria","tag-dollfuss","tag-mercado-internacional","tag-nazis"],"_links":{"self":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/comments?post=3492"}],"version-history":[{"count":9,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3492\/revisions"}],"predecessor-version":[{"id":8690,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3492\/revisions\/8690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media\/6110"}],"wp:attachment":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media?parent=3492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/categories?post=3492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/tags?post=3492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}