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Innehåll tillhandahållet av History Cafe, Jon Rosebank, and Penelope Middelboe. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av History Cafe, Jon Rosebank, and Penelope Middelboe eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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#83 Enrich your enemy, impoverish your allies - Ep 2 Trading with the Nazis

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Manage episode 394432130 series 2783012
Innehåll tillhandahållet av History Cafe, Jon Rosebank, and Penelope Middelboe. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av History Cafe, Jon Rosebank, and Penelope Middelboe eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
The US had a paradoxical strategy to ensure repayment of its WW1 loans. It would make Germany economically prosperous to ensure Germany was in a position to pay reparations to France and Britain (as per the Treaty of Versailles). This would mean that impoverished Britain and France could keep repaying the interest on their wartime loans to the Americans.Economist Maynard Keynes, aware that Britain and France would never recover from endless interest repayments, proposed cancelling all war debts. Everyone would end up better off in the long run, as was later proved. But the US government refused and American companies, including Ford, General Motors, and Standard Oil, began to invest in Germany, exploiting its economic collapse and setting the stage for the rise of the Nazis.

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

265 episoder

Artwork
iconDela
 
Manage episode 394432130 series 2783012
Innehåll tillhandahållet av History Cafe, Jon Rosebank, and Penelope Middelboe. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av History Cafe, Jon Rosebank, and Penelope Middelboe eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
The US had a paradoxical strategy to ensure repayment of its WW1 loans. It would make Germany economically prosperous to ensure Germany was in a position to pay reparations to France and Britain (as per the Treaty of Versailles). This would mean that impoverished Britain and France could keep repaying the interest on their wartime loans to the Americans.Economist Maynard Keynes, aware that Britain and France would never recover from endless interest repayments, proposed cancelling all war debts. Everyone would end up better off in the long run, as was later proved. But the US government refused and American companies, including Ford, General Motors, and Standard Oil, began to invest in Germany, exploiting its economic collapse and setting the stage for the rise of the Nazis.

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

265 episoder

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