Depositors Attempting to Enter the City Credit Union in Berlin in 1931

After the stock market crash in New York on October 25th, 1929, the global economic crisis gradually gripped most of the industrial countries, reaching its lowest point in 1932. As well as numerous companies, banks also collapsed in many countries, triggering panic among the population, which not only feared for their jobs, but for their savings also. The photo shows Berlin residents concerned about their deposit accounts.

Georg Pahl, Large crowd of depositors attempting to enter the City Credit Union in Berlin, black-and-white photograph, 1931; image source: Deutsches Bundesarchiv, Bild 102-12023.