Money Plundered From Jews Financed One-Third of Nazi War Effort, Report Finds
November 9, 2010
Germany (ChattahBox World News) — Escaping from Germany during World War II was thought to be a way for Jewish families to protect themselves from Nazis – but even leaving the country was not enough to protect Jews from being robbed of their fortunes, a new study found. Between 1933 and 1945, Nazis ransacked the equivalent of $13.8 billion from Jews through taxes, borrowing, and theft, the UK Telegraph reports.
The study, commissioned by the German Ministry, indicates that Jews who left Germany even prior to the Holocaust were subject to exit taxes. After the war began, bureaucrats emptied bank accounts of Jews, stole their possessions, and sold them at auction. Overall, the funds were enough to finance “at least 30 percent of the German war effort,” noted a Cologne professor who worked on the study.
The 880-page report also found that the German Foreign Ministry supported the Nazis’ efforts in all aspects, from deportation to genocide, the Telegraph reports.