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

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

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User JonathanNet
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2 Answers

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Because they are still recovering from World War 1 and they do not have enough money to pay back loans
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User Vadim Motorine
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6 votes
Because Germany was still recovering from WW1 and couldn't generate enough money to pay back the loans.
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User Iman Mirzadeh
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