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Germany Makes Last Reparations Payment

From Der Spiegel:


Germany Closes Book on World War I With Final Reparations Payment

By David Crossland
September 28, 2010

Germany will make its last reparations payment for World War I on Oct. 3, settling its outstanding debt from the 1919 Versailles Treaty and quietly closing the final chapter of the conflict that shaped the 20th century.

Oct. 3, the 20th anniversary of German unification, will also mark the completion of the final chapter of World War I with the end of reparations payments 92 years after the country’s defeat.

The German government will pay the last instalment [sic] of interest on foreign bonds it issued in 1924 and 1930 to raise cash to fulfil [sic] the enormous reparations demands the victorious Allies made after World War I.

The reparations bankrupted Germany in the 1920s and the fledgling Nazi party seized on the resulting public resentment against the terms of the Versailles Treaty

Thank Allah such a thing could never happen here.

Apart from all of the other disastrous ramifications this had on subsequent history, this should be a lesson to us about how long future generations will be paying off our government’s outrageous profligacy.

This article was posted by Steve on Wednesday, September 29th, 2010. Comments are currently closed.

3 Responses to “Germany Makes Last Reparations Payment”

  1. proreason says:

    “this should be a lesson to us about how long future generations will be paying off our government’s outrageous profligacy. ”

    The destruction wrought by our marxist cabal will eventually be considered in the same league as the World Wars and the Cold War.

  2. Liberals Demise says:

    Will that be in Marks or Euros?

  3. NoNeoCommies says:

    Now they can spend more money on their unemployed socialists.


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