They were in lots of debt, so borrowed off the Americans. However, the American Stock Market then crashed and America asked for their loans back. Germany did not have the mony so started printing lots of money. however, this meant that their currency dropped rapidly until a loaf of bread was around 100,000 mark and money was so worthless, people burned it as it was cheaper than coal. Also, when a worker got payed, when the markets changed at lunch, half of his salary would become worthless.
it affected them so much their plane suck the balls of the spitfire pilots
germany
When Germany failed to pay their reparation payments in 1923, France occupied the Ruhr. This caused an international crisis and a new payment plan, called the Dawes Plan, was implemented in 1924.
Yes, it was part of the Treaty of Versailles. They had to pay for all the debts of the war.
Russia was not an ally of Germany in World War 1.
They feared that the world's economy would collapse if Germany could not repay its war debts.
reparations
reparations
reparations
germany
Never
Germany
It has already paid its debts
When Germany failed to pay their reparation payments in 1923, France occupied the Ruhr. This caused an international crisis and a new payment plan, called the Dawes Plan, was implemented in 1924.
The US didnt owe any Germany did about $25 billion
Germany had to use all of it's country's money to pay off debts owed after world war 1
Yes, it was part of the Treaty of Versailles. They had to pay for all the debts of the war.
Russia was not an ally of Germany in World War 1.