Why did Germany default on its loans from the united States in the 1930s ?

asked Nov 25, 2018 64.9k views

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6 votes

Because they are still recovering from World War 1 and they do not have enough money to pay back loans

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6 votes

Because Germany was still recovering from WW1 and couldn't generate enough money to pay back the loans.

Iman Mirzadeh answered Nov 28, 2018

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