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I dont know what point you are making, without lend lease the Americas are isolated Europe Africa Asia and eventually India Australasia are under the control of either the Nazis Communists or Japanese. Lend lease was a deal between allies for mutual benefit. The USA may have eventually been the biggest winner financially but how would you price a dark age of Europe including Britain being ruled by Adolf? As I understand history Greece was liberated by lend lease weapons.
Sorry Steve
The point I was making was that Greece has defaulted on its national debt 5 times the UK never has despite 2 world wars and the Napoleonic wars etc etc. That is off topic but in 1939-45 it was taken into account by those that extended credit to the UK and today is taken into account on world money markets.
LL was vital to Britain ,without it the country would collapse(unless you think a country at war can reduce armaments.
I don't know why i'm not getting through.LL was vital to Britain ,without it the country would collapse(unless you think a country at war can reduce armaments)
Obviously the Americans weren't being kind they were defending their interests.I'm not talking about the morality or if it was a good or bad deal.
Ctrian
As pointed out lend lease was 25% of the British war effort. We could easily defend ourselves at the time from invasion, other things such as N Africa and the far east may have had to be scaled down but what difference would that make? .
I was just making sure everyone knew I made the original. post. Perhaps I should make a little explanation/apology to you for not taking more time in my original post to elaborate. I guess we all know how easy it is to quickly throw out a reply on this forum that given more time crafting would have better clarity. What I was trying to communicate was that I do not think the financial condition Greece finds itself in today in any way invalidates Ctrian's opinion. In fact you can often learn more about and how to avoid a bad situation from a "loser" than a "winner". Ctrian informed me by PM he considered your comment just joking. I think my own appreciation of the historically difficult Geopolitical position of Greece and my own sensitivity to having the U.K. and U.S.A. appearing as smug bullies caused me to be more blunt than I should have been.
I am truly surprised after decades of disclosure and research that anyone could not think that the U.S. benefited from lend-lease as much as the recipients.
I believe at least in Canada we paid for these factories ourselvesHowever, the UK was paying for all the factories across the Empire and Commonwealth that were producing war materiel using Pounds Sterling.
I'm going to provide one more input then bow to GrauGeist's common-sense observation that this is supposed to be about the best AF in 1939-41.
Re the USSR, I think the key thing was Germany overextended itself and Stalin literally moved whole factories east to maintain production. Last time I checked, the USA didn't supply the T-34 or Il-2 which were real war-winners for the USSR (in addition to millions of men and women in uniform).
Once more, you are confusing lack of gold reserves with an inability to pay for home-grown military hardware. The UK was exchanging gold for US dollars to pay for weapons but those gold reserves were running out. However, the UK was paying for all the factories across the Empire and Commonwealth that were producing war materiel using Pounds Sterling. If the British economy was contracting without lend lease, how would lend lease have stopped that process?
Re your "go it alone" comment - Britain had gone alone since France surrendered in 1940. We had no allies who could help offset the military production. That situation could have gone on for some time without your forecast "collapse". Once again, please show me where a lack of US materiel would have resulted in the loss of North Africa or the Middle East or the Far East?
You obviously didn't read my earlier posts. Losing 2 squadrons of P-36s would have had no impact on the Far East - there were 10-times that number of Hurricane and Spitfire units. As for the P-40s, most of those could have soldiered on with Hurricanes. The alternative to Lend Lease was simply not getting US-produced materiel but that doesn't mean the economy will contract. For the third time, prior to Lend Lease the UK paid for US purchases by converting gold reserves to US dollars. The gold reserves are like savings in the bank. Without the US equipment, the UK would have used existing resources (eg not retiring Hurricanes quite so early).
And attempting to say without LL British production is zero is not "counter factual" (whatever the hell that is).Like i said before you were doing them the favor .You know it's too bad the people back then were not as smart as you, build everything in the Commonwealth why didn't they try that ...Counterfactual history at it's best
And attempting to say without LL British production is zero is not "counter factual" (whatever the hell that is).
And you didnt say we did them a favour. You started this off by attempting to say that British production would collapse without LL. You produced nothing to support that, you or your mate. I produced some reasonably expert opinion to refute the claim, further have tried to determine what or how the unused resources that are associated with LL might be utilized. If British money isnt used on LL, then how would it be used. If US production is not being used to equip British forces, then how is that being used. Resources just dont disappear, much as you would hope they would, they just transmogrify (go and look it up) to some other form