stuartd Posted 8 December , 2009 Share Posted 8 December , 2009 I might be a bit slow on the uptake here and this could already be posted elsewhere, but I have just spotted this article from the Daily Mail on Germany's 1919 reparations payments so I though I'd post it for you all! http://www.dailymail.co.uk/news/worldnews/...0-years-on.html Link to comment Share on other sites More sharing options...
Chris_Baker Posted 8 December , 2009 Share Posted 8 December , 2009 Jdging by their comments, I can only conclude that some complete nutters read the Daily Mail website. Link to comment Share on other sites More sharing options...
centurion Posted 8 December , 2009 Share Posted 8 December , 2009 Some historical illiterates certainly write it. The hyper inflation they mention occurred 1918 -19 and not after the 1929 crash. It was not caused by reparations but from the cost of waging the the war when the government literally printed more and more money. It got to the stage that some war contractors were issued with plates and allow to print the money to pay themselves! Some companies printed their own currency to pay their workers - this was worth more than government issue notes. Link to comment Share on other sites More sharing options...
Steven Broomfield Posted 8 December , 2009 Share Posted 8 December , 2009 Jdging by their comments, I can only conclude that some complete nutters read the Daily Mail website. Well look on the bright side. Even the Daily Mail must agree: they've stopped further contributions. I hope they're not allowed out with sharp implements. Link to comment Share on other sites More sharing options...
joerookery Posted 8 December , 2009 Share Posted 8 December , 2009 Reparations started and stopped several times in the decades to follow. The sheer magnitude of the debt was blamed for everything from Hitler, to World War II, to the great economic depression. As the years went by and inflation took its toll, the burdens of the payments were less. In 1953 as part of the effort to make Germany part of the western bloc in the Cold War, the Allied powers decided that Germany would not pay the debt until the country was reunified with East Germany. Nonetheless, West Germany paid off the principal by 1980. Several years after reunification, the united Germany began paying on the reparations again and is scheduled to be totally finished by the year 2020. Handbook of Imperial Germany page 238. Link to comment Share on other sites More sharing options...
stuartd Posted 8 December , 2009 Author Share Posted 8 December , 2009 Handbook of Imperial Germany page 238. Is that a reference to something in particular? Or have I missed something! Link to comment Share on other sites More sharing options...
joerookery Posted 9 December , 2009 Share Posted 9 December , 2009 Nothing special just a quote from that book. Link to comment Share on other sites More sharing options...
stuartd Posted 9 December , 2009 Author Share Posted 9 December , 2009 Ok so what is the quote exactly? Link to comment Share on other sites More sharing options...
joerookery Posted 9 December , 2009 Share Posted 9 December , 2009 This is the quote. As noted above. It is on the German reparations which is the subject of this thread I thought. Reparations started and stopped several times in the decades to follow. The sheer magnitude of the debt was blamed for everything from Hitler, to World War II, to the great economic depression. As the years went by and inflation took its toll, the burdens of the payments were less. In 1953 as part of the effort to make Germany part of the western bloc in the Cold War, the Allied powers decided that Germany would not pay the debt until the country was reunified with East Germany. Nonetheless, West Germany paid off the principal by 1980. Several years after reunification, the united Germany began paying on the reparations again and is scheduled to be totally finished by the year 2020. I guess I really do not understand what you are saying or what you're asking. Link to comment Share on other sites More sharing options...
centurion Posted 9 December , 2009 Share Posted 9 December , 2009 This conversation is beginning to resemble that little known Becket classic "Waiting for Odog" Link to comment Share on other sites More sharing options...
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