Germans had to give some money to the world war 1 winners.
There was the Dawes plan.
Germany was allowed to payback by creating ressources and giving them to some Americans.
Then there was then Young plan.
Germans were forced to payback with cash only.That resulted in an important unemployment.
Then
world war 2 started.
https://en.m.wikipedia.org/wiki/Young_PlanQuote
The Young Plan was a program for settling German reparations debts after World War I written in August 1929 and formally adopted in 1930. It was presented by the committee headed (1929–30) by American industrialist Owen D. Young, creator and ex-first chairman of the Radio Corporation of America (RCA), who, at the time, concurrently served at board of trustees of the Rockefeller Foundation, and also had been one of the representatives involved in a previous war-reparations restructuring arrangement – the Dawes Plan of 1924. The Inter-Allied Reparations Commission established the German reparation sum at a theoretical total of 132 billion, but a practical total of 50 billion gold marks. After the Dawes Plan was put into operation in 1924, it became apparent that Germany would not willingly[citation needed] meet the annual payments over an indefinite period of time.[citation needed] The Young Plan reduced further payments by about 20 percent. Although the theoretical total was 112 billion Gold Marks, equivalent to US ca. $27 billion in 1929 (US$ 114 billion in 2018) over a period of 58 years,[1] which would end in 1988, few expected the plan to last for much more than a decade.
This post was edited by Chevaucheur on Aug 14 2018 05:59am
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