Quote:
Originally Posted by Dhomochevsky
Countries don't lend each other money and expect it back. That is not how it works.
It's all about interest rates and currency value. It's like some metaphysical shit.
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If the interest rates correspond to inflation, I am fine with it. But measuring it against currency value seems to be rather lame.
Though at the end of WWII, the Europeans practically had to sign their own Treaty of Versailles with US to pay back the loans - they didn't had much choice. Especially for the British since the Tobruk campaign has pretty high material expenditure, for example, it technically takes 2 Crusaders to beat a German Panzer due to the British vehicles being outranged by Rommel's tanks.