If anyone’s interested in further reading the MEFO Bills are definitely interesting from an economic perspective.
I’m sure it wasn’t the first army built on credit, but it was definitely the biggest.
Comment on A kick right in the selbstbild
KevonLooney@lemm.ee 3 months agoThere would be no way to stop. The German economy was really messed up by the Nazis. They essentially had no exports because they were producing mainly materiel for the war and were under an embargo anyway.
That means they had no way to get money besides literally taking it from conquered countries. The problem is, you can only loot once. This created a vicious cycle where they became more isolated and needed to conquer even more.
Honestly, before nukes existed, the Nazis could have been defeated by an embargo. But it would have cost more lives. Invading Germany saved lives and the nukes saved even more lives in Japan.
If anyone’s interested in further reading the MEFO Bills are definitely interesting from an economic perspective.
I’m sure it wasn’t the first army built on credit, but it was definitely the biggest.
but it was definitely the biggest.
The Nazis had about 4 million people in uniform at the start of the war, America has about 1.5 million today, but it’s not a bad comparison considering the last time American debt exceeded the GDP was the end of WW2.
Yeah, by manpower Germany’s was definitely larger, by budget though, our annual military spending blows theirs out of the water.
In 2021, the U.S. spent about 700 billion dollars on it’s military.
SkyezOpen@lemmy.world 3 months ago
Fucks sake Adolf, I learned this from a few hours of a total war game. You think you’d have figured it out at some point.
ChairmanMeow@programming.dev 3 months ago
If only Adolf Hitler had played Total War, maybe he wouldn’t have been such a lunatic smh
UnderpantsWeevil@lemmy.world 3 months ago
Nah, someone would have introduced him to Hearts of Iron and he’d have gotten worse
Duamerthrax@lemmy.world 3 months ago
He wanted to be an art major. What would you expect?