Tijdens de interbellum is in 1929 de familie grotendeels haar kapitaal kwijtgeraakt aan de beurskrach.
During the interbellum, the family lost most of it’s fortune due to the 1929 Crash.
The de Paula Lopes family was the sole representative for Gold Medal Flour in the North of Brazil. They had a sugar refinery and had aquired a granite mine. They lost most of their fortune due to the 1929 Crash.The Stock Market Crash, contrary to popular belief, the crash did not occur all in one day. It was happened in three different days all within a weeks time.
You may recall that during the Depression, Gold Medal flour sacks, of cotton, were used for various household purposes, including dish towels and excellent if inexpensive panties for young ladies. the Gold Medal logo: EVENTUALLY, WHY NOT NOW?
l'Histoire se répète
De geschiedenis herhaalt zich? De probandus Marnix Alexander de Paula Lopes heeft in 2008 een zware klap gekregen ivm de creditcrisis. De beurzen zijn wereldwijd ingestort en hebben ervoor zorg gedragen dat vele beleggingen zijn gehalveeerd of verdwenen. Zowel op hypothecair gebied als op het gebied van ouderdomsvoorziening is er veel verloren gegaan.
History repeats itself? The probandus Marnix Alexander the Paula Lopes, has been dealt a heavy blow due to the financial crisis. Stock markets worldwide have collapsed. A lot of investments have been cut in half or have disappeared. His mortgage investment was a disaster and his investments for an old age pension has lost a considarable amount of it's valeu.