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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pogohere who wrote (37524)	7/23/2008 11:25:27 AM
From: elmatador	Respond to of 217742

Here us the deal. Put high reparations. Can't pay. Take loans to pay. Finance sector gorge in profits. Pull the plug. Screw the debtor. The economy continued to perform reasonably well until the foreign investments funding the economy, and the loans funding reparations payments, were suddenly withdrawn with the Stock Market Crash of 1929. This collapse was magnified by the volume of loans provided to German companies by US lenders. Even the reduced payments of the Dawes plan were primarily financed through a large volume of international loans. From 1924 onward German officials were "virtually flooded with loan offers by foreigners." [4] When these debts suddenly came due it was as if years of reparations payments were compressed into a few short weeks.

To: pogohere who wrote (37524)	7/23/2008 11:33:44 AM
From: elmatador	Respond to of 217742

After the Germans were already screwed irremediably: "The worsening economic distress within Germany resulted in the Lausanne Conference, which voted to cancel reparations. By this time Germany had paid one eighth of the sum required under the Treaty of Versailles. However, the Lausanne agreement was contingent upon the United States agreeing to also defer payment of the war debt owed them by the Western European governments. The plan ultimately failed not because of the U.S. Congress refusal to go along but in fact because it became irrelevant upon Hitler's rise to power." Now appears that have been several rewriting of history to deny the root cause of the aftermath...