We can finally bring an end to this madness! ("World War I ended this year. Well, in a sense it did: on Oct. 3, Germany finally paid off the interest on bonds that had been taken out by the shaky Weimar government in an effort to pay the war reparations imposed by the Treaty of Versailles." ..."In truth, the reparations, as the name suggests, were not intended as a punishment. They were meant to repair the damage done, mainly to Belgium and France, by the German invasion and subsequent four years of fighting.")
Don't worry about it. After a long time, Germany finally paid off the interest on bonds taken out by the Weimar government to pay for war reparations imposed by the Treaty of Versailles on October 3rd, bringing to a close a poisonous chapter of the 20th century.
Belgium and France: We want Germany to pay up for all of the damages done during battle. It will definitely help us with the reparations imposed on by the Treaty of Versailles. Although, we have been waiting for so long for Germany to pay up.
We did it! We were able to finish off World War I!
Yeah, but don't you realize? There is still going to be a major consequence from Germany paying it off at this time!
It did turn out that the ending of World War I had a negative outcome to it. ("Perhaps Greece and Ireland and their debtors should be taking a look at it. And perhaps we should not be so quick to condemn the decisions of the past, but recognize that sometimes there are problems for which there are no easy solutions."..."It also, unfortunately, brought back to life an insidious historical myth: that the reparations and other treaty measures were so odious that they made Adolf Hitler’s rise and World War II inevitable.")
This is a big problem. I wonder whether Germany will take it up to their advantage. This is scary.
Brother. Don't worry about that. In fact, most of those conflicts happened when World War II occurred, specifically when Hitler ruled Germany. Although, it was pretty bad because those reparations resulted in Hitler gaining even more power mostly from the Great Depression, showing that the Germans back then were able to just take advantage over the multiple problems faced by other countries.
It was extremely serious and bad for the economy of other countries. ("The final sum for reparations was not mentioned in the treaty itself a humiliation in German eyes but was eventually set in 1921 at 132 billion gold marks (about $442 billion in today’s terms). The fact is that Germany could have managed to pay, but for political reasons chose not to."..."Hitler did not attain power because of reparations. The Great Depression and the folly of the German ruling classes did that, but their existence gave him a political cudgel against Weimar. The wrangling over reparations also helped turn the German people against co-operation with the international system.")
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