"History is a wonderful thing, if only it was true"

Monday, October 04, 2010

Bit o'History

How Germany Ended Its World War I Reparations Payments - TIME:

"Not quite. Germany's last $94 million payment issued on Sunday isn't a direct reparations settlement but rather the final sum owed on bonds that were issued between 1924 and 1930 and sold to foreign (mostly American) investors but then never paid. The story of German reparations involves several payment plans, years of inflation, broken promises, canceled debts and a man named Adolf Hitler who flat out refused to give anyone anything."

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