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This depends on what war and what country. Most countries "borrow monies" in a variety of ways. For example borrowing monies from a bank, or other credit institution, or other government(s). Selling bonds or debts. Borrowing from future economy, printing more money.
"in debt" This befalls the loser of a conflict more then the victor. But a few victors have had a very bitter victory by winning a war by wrecking there economy. Example after WW1 the victorious allied powers accessed a war debt against the defeated powers (Germany, Austria) and they were forced to make reparations that they simply did not have. Because of this debt the German mark was worthless, people were actually using German paper money to start fires with because the value was less than that of a news paper.
During WW2 huge amounts of gold was traded between nations to stabilize one economy (currency) or another.

2007-01-26 23:33:03 · answer #1 · answered by DeSaxe 6 · 0 1

England has just paid off its debt to America for the second world war.

2007-01-28 09:54:29 · answer #2 · answered by Ollie 7 · 0 0

Whoever loaned the money.

There are usually two sources of money, internal money, usually raised through some form of War Bond, and external, borrowed from foreign giovernments (in the form of trade credits, usually) and banks.

2007-01-27 07:10:34 · answer #3 · answered by P. M 5 · 0 0

We that is england, were and i think still are to America,because of the 11ww, and to Germany? i think because of the same thing please go into google you will find the right answer there.

2007-01-28 19:00:20 · answer #4 · answered by nessie 4 · 0 0

whoever lended it. could be anyone. sometimes other governments. could be war bonds.http://en.wikipedia.org/wiki/National_debt

2007-01-27 06:57:41 · answer #5 · answered by Anonymous · 0 0

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