Despite the comparisons, however, there were a number of differences. Firstly,
Weimar Republic Germany, like many other European countries, had to face a severe economic downturn in the opening years of the decade, due to the enormous debt caused by the war as well as the one-sided
Treaty of Versailles. Such a crisis would culminate with a devaluation of the Mark in 1923, eventually leading to severe economic problems and the rise of the
Nazis.