That is interesting about Germany being able to make the payments. I would have thought this would have been a "extreme austerity" program as France, in particular, wanted reparations and its pound of flesh. .
This might possibly have worked in the 1920s, but with the collapse of stockmarkets, germany would have been even more impoverishe…
That is interesting about Germany being able to make the payments. I would have thought this would have been a "extreme austerity" program as France, in particular, wanted reparations and its pound of flesh. .
This might possibly have worked in the 1920s, but with the collapse of stockmarkets, germany would have been even more impoverished in the 1930s. As it was, Germany wanted "payback" and needed to surreptiously rearm to do so. My copy of the 48th Congress report on Fascism (1948) has some details of how the Nazis managed to do this with one-sided trade agreements, plus societal changes and, of course, an internal set of enemies to lay the blame on their WWI defeat and continuing economic problems.
[It is interesting how a century later, a number of nations are repeating this approach after self-induced economic problems. Conspiracy theorists might say this was deliberate. I hope it falls under the saying that one should not assume maliciousness when stupidity is a sufficient explanation.]
That is interesting about Germany being able to make the payments. I would have thought this would have been a "extreme austerity" program as France, in particular, wanted reparations and its pound of flesh. .
This might possibly have worked in the 1920s, but with the collapse of stockmarkets, germany would have been even more impoverished in the 1930s. As it was, Germany wanted "payback" and needed to surreptiously rearm to do so. My copy of the 48th Congress report on Fascism (1948) has some details of how the Nazis managed to do this with one-sided trade agreements, plus societal changes and, of course, an internal set of enemies to lay the blame on their WWI defeat and continuing economic problems.
[It is interesting how a century later, a number of nations are repeating this approach after self-induced economic problems. Conspiracy theorists might say this was deliberate. I hope it falls under the saying that one should not assume maliciousness when stupidity is a sufficient explanation.]