For the first 50 years of the twentieth century, the whole world was immersed in war. The Germans were willing to gamble and lose, and after each defeat they were in heavy debt, and the Germans paid the reparations of World War II until the 1990s, and you may not know that Germany paid back the reparations of The First World War until 2010.
What kind of tenacity do Germans have? After world war I, Britain and France divided Germany into pieces to eat in the Treaty of Versailles. The victorious powers discussed for more than a year before determining the amount of reparations the Germans should pay, 132 billion gold marks. This was worth almost all of Germany's military spending during World War II. Fearing that the Germans would not be able to repay, the warring countries also agreed that Germany would pay 1 billion marks in the first year, 2 billion in the second year, and pay off the debt after 30 years.
How to count the Germans are taking advantage. But the embarrassing thing is that Germany only paid for one year and said that it was not on it. If you don't want money, you want a life. These are the words of the German Chancellor. It was only 1922, and countries were licking their wounds, who had so much money to pay war reparations? The French were very tough on this, sending troops to occupy the German Ruhr industrial area, and also openly plundering the coal mines in the Ruhr industrial area, which made the Germans hate France for a lifetime.
The issue of indemnity in Germany was finally raised on the table, and Britain, France and the United States sat down again to discuss the issue of reparations. The American banker Dawes formulated a plan to help Germany's economic development and the specific source of money, which not only did not increase the burden of indemnities for the Germans, but also brought a large amount of aid from Germany the next day. Germany's economy took off as a result and survived the Great Depression of capitalism.
A few years later, the Germans retook the Ruhr industrial zone. The amount of reparations was also reduced to 113.9 billion gold marks. Soon the Great Depression came. Germany was unable to support it, and the Germans' world war reparations had to be suspended, and after Adolf came to power, he was even more reluctant to give it. By this time, Germany had already compensated 36 billion gold marks.
After the end of World War II, the Germans themselves mentioned the issue of World War I reparations, in order to prove that they did what they said, and to win the favor of the Allies. Finally, taking into account complex issues such as exchange rates, the Allies ended the German World War I reparations discussion with 14 billion gold marks.
It was this money that the Germans paid back until 2010, and they were the most creditworthy big money debtors. What do you think?