Germany, 1931
Posted: Mon Oct 13, 2008 5:56 am
Sorry John,John wrote: ...The world community will not be particularly understanding; they'llJLak wrote: > That is quite a statement. Last week an old lady shot herself and
> was relieved of her debt. Will the world community be so
> understanding of Uncle Sam's affliction?
mostly be extremely contemptuous and hate-filled, and this will
lead to a world war.
In the meantime, however, countries around the world will take any
desperate measure they can to keep the world from sliding further and
further into total chaos.
One of the totally desperate measures that was taken in 1931 was toJLak wrote: > ...
I don't know of the history that you mention (US, FR and GB trying to save the currency).
forgive Germany's debt, and my expectation is that some similar
totally desperate measure will be taken today.
I really do not understand - why you are keeping to use phrase in "1931 Allied was to
forgive Germany's debt" , because that is not true.
Actually - this is absolute - wrong.
Why?
Simple. Because - That is not happened.
Quite opposite.
The Allied destroyed Germans industry with enormous "war reparation" German should pay after Treaty of Versailles!
This reparation Germany should pay according this Treaty until 1988, as "only guilty" for the 1WW.
The Allied even before Treaty of Versailles(!) occupied more areas of the Germany before WW1 (west front) so Germany was about 13% "smaller" 1918(!).
Moreover, in January 1923 France occupied the Ruhr industrial region (additionally) as a result of Germany's failure to meet its reparations payments.
1931. - as I know - was NO attempt to "forgive Germany debt".
(Please, if you have additional information - it would be good to share it.)
It is correct that Germany was very strong influenced by the Great depression in USA, and that it actually helped Nazi party and Hitler to take the power, but since Germany economy was in collapse.
Germans were in misery, unemployed and extremely degraded.
More over, it was probably the Treaty of Versailles which caused a chain reaction leading to World War II.
They could not pay back enormous debt + war reparations with depleted industry and hyperinflated currency.
The facts are that already:
- In 1932 the German government announced it would no longer adhere to the treaty´s military limitations, citing the Allies violation of the treaty by failing to initiate military limitations on themselves as called for in the preamble of Part V of the Treaty of Versailles.
And of course:
- In March 1935, Adolf Hitler violated the Treaty of Versailles by introducing compulsory military conscription in Germany and rebuilding the armed forces.
Actually - Hitler destroyed the massive unimplemented and misery in Germany building the enormous military power in Germany.
Why the Allied do not react - is another part of discussion - but as I mentioned already:
I do not find anywhere that there was an "desperate measures that was taken in 1931 to
forgive Germany's debt"