Re:The Demoralization is just Beginning
by snowwrestler on Wednesday March 05, 2025 @08:41AM
(#43266241)
Seems like maybe you forgot what happened to Germany’s economy after WWII, which they also lost?
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What do you mean? From a quick search, they had to pay in reparations:
* for WW1, $12.5 BILLION
* for WW2, $413 million
Even Allies figured out that the ridiculous demands of WW1, with the double whammy of 1929, were a direct cause of hyperinflation in Germany trying to pay for it (which already had borrowed incredible amounts of money as they were the first country to abandon the gold standard to finance the Great War) and the second time around they allowed the country to have a chance to actually rebuild itself.