Recent comments in /f/history

Cetun t1_ja59bhb wrote

>They didn't.

This isn't up for debate, factually the Weimar Republic failed.

>They did. Germany received about 35 billion marks in loans, almost all of it from the US.

I'm not sure if "here, you owe us even more later", counts as subsidies so much as life support. The problem was the original debt owed because of WWI, more loans would have kicked the can down the road but wouldn't have taken the struggling Weimar Republic into stability.

Recovery takes decades in the best of circumstances, original debts could have effects on the economy for decades. The Treaty of Versailles should have given everyone a clean slate and established a status quo in addition to demilitarizing all of Europe simultaneously. I realize that was unfeasible with France and Britain's colonial empires which required strong navies and armies and the threat of the Soviet Union, but that's even more of a reason to develop a common defense agreement rather than selecting "winners and losers" and then making the losers pay. We know the Treaty of Versailles was a failure, and arguing against that is arguing against history. A stronger Versailles treaty would only have accelerated Germany's road to extremism not tampered it.

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Muggaraffin t1_ja5572g wrote

It is weird to think what people must have made of the sun back then, or even just a few centuries back. Before they even understood the concept of space, and instead just knew of the 'above us'. And like you said, angry eye ball. Just some large bright white hole in the sky that hurts to look at. Imagining a kind of Sauron figure makes total sense :/

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jackbenny76 t1_ja555rs wrote

They did. Germany was massively in debt to the US- which had been subsidizing the German economy even after the Great Depression started- until Hitler did the Machtergriefung and then promptly repudiated all international debts. (Technically it's more complicated, but that's basically what happened.) Germany owed 19 billion RM in 1932, over 8 billion of them borrowed from the US since 1924.

You really need to read Adam Tooze's first and best book, Wages of Destruction, a very thorough history of the German economy 1920-1945. I'd also recommend The Deluge, which is basically The US side of that 1920s international finance story.

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en43rs t1_ja53a57 wrote

Probably the Battle of Cannae, where Hannibal defeated a larger Roman army. He didn't use shield walls but tight formations that trapped the Romans... and he slaughtered them all. It's considered one of the greatest victory in military history.

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