Germany ceased reparation payments
Germany was hard-hit by the great depression. One major factor was the treaty of Versailles. This treaty was required to settle outstanding disputes following cessation of hostilities in WW1. The allies allowed their desire for revenge to get the better part of them and that the terms dictated to Germany were not necessary debilitating. However, Germany ceased from the huge burden of reparations payments which were required as a condition of the treaty and this caused the spread of the Great Depression around the world.