Some of you probably want to point out that J.P. Morgan was already dead before the war, and of course it was his company and not he who was instrumental in financing the war. We still included the picture because some people might not now that he was actually a real person. Also mentioning it again: Videos with Indy till the end of the year, then we will switch to the new concept.
@Aramis419
5 жыл бұрын
Damn! I was about to don my Keyboard Commander uniform and say something about that!
@Elongated_Muskrat
5 жыл бұрын
If only you used a picture of Mr. Monopoly instead.
@mhbros9997
5 жыл бұрын
What about the russian Economy before
@arisukak
5 жыл бұрын
It probably would have been better to put up J.P. Morgan Jr.'s picture as he was the head of the bank then.
@arisukak
5 жыл бұрын
@@mhbros9997 Russia by 1915 was being financed by Britain as Russia was pretty much broke and the British government was annoyed with the incompetence of Russian purchasing agents overpaying.
@indianajones4321
5 жыл бұрын
Glad to see these Great War specials after the war Great job 👍
@buster117
5 жыл бұрын
I know right they managed to survive lmao.
@georgesclemenceau199
5 жыл бұрын
i see you commenting everywhere
@glm0142
5 жыл бұрын
I'm gonna miss Indy here
@neilwilson5785
5 жыл бұрын
I'll do it!
@curtist919
5 жыл бұрын
Me too just glad they will keep doing specials. There is so much more to tell. It would be a shame to end now
@buster117
5 жыл бұрын
The allies just spent 150 political power to change from civilian to war economy.
@alvinlin8140
5 жыл бұрын
Lol I got your reference
@chinesewarlord5729
5 жыл бұрын
I see that youre a man of culture as well
@senpainoticeme9675
5 жыл бұрын
I do believe you need atleast 450 PP to change civilian to war economy
@chinesewarlord5729
5 жыл бұрын
@@senpainoticeme9675 economy and trade laws cost only 150 political power
@guga380
5 жыл бұрын
pp cp xp ic would solve german problems
@ТомасАндерсон-в1е
5 жыл бұрын
"...Supremacy 1914 is a great way to learn just how vital economy is for victory" Victoria 2 fans: Pffffffffffffffffffff
@fus132
5 жыл бұрын
[Jacobin rebels have risen] [anarcho-capitalists have risen] [communists have risen] [socialists have risen] [reactionaries have risen] [fascists have risen] [Jacobin rebels have risen]
@generaltom6850
Жыл бұрын
Super Germany goes brrrrrrrrrrr
@JohnJohn-pe5kr
5 жыл бұрын
*Insert Germany’s gonna win with a Spring offensive in 1919* here
@ComradePenguinski
5 жыл бұрын
Nope, but season 2 starts in 39.
@harbl99
5 жыл бұрын
"Here's how Der Kaiser can still win"
@FrenchToast663
5 жыл бұрын
nah, we'll be home by christmass
@randomclouds4404
5 жыл бұрын
*Insert how Hotzendorf will reunite Austria-Hungary and destroy the Italians*
@ihl0700677525
5 жыл бұрын
Nope. The US was there in strength by 1918. US war production would carry the allies and crush the Germans. Like what German military leader once said: our problem is that the American speak English (hence it will come to aid the entente/allies).
@atomic_wait
5 жыл бұрын
"War, and its consumption of life, has become a well-oiled machine." - Solid Snake, who was a little late to the party.
@rogerroca3443
5 жыл бұрын
The fact that the entente was so straightened economically played a major role in between two wars societies and helps to explain the unpreparedness for the next war. People tend to mock France for her quick defeat, but instead should consider the effects of their extraordinary efforts in the Great war to achieve very little advantages. This turned people against politicians and their empty promises.
@johnwilkins11
5 жыл бұрын
Glad to see it carrying on after the armistice. Amazing series. Sad to know it's almost over.
@JNunoCoast
5 жыл бұрын
It is really impressive for how long Germany was able to continue the war, since France, Britain and Italy were seriously broke and food was short and stuff and they were allies, the Germans were pretty much alone
@thebenis3157
5 жыл бұрын
No, the Germans weren't alone, they had a few burdens in their team
@arisukak
5 жыл бұрын
Germany had planned before the war and had hoarded resources. They also had huge coal reserves and Sweden has iron. When Romanian joined the war, they effectively handed Germany grain and oil.
@Oxtocoatl13
5 жыл бұрын
@@thebenis3157 I would say the Ottomans pulled their weight quite nicely... Not so sure about the Austrians, who never seem to win unless defending a mountain top.
@Edax_Royeaux
5 жыл бұрын
Impressive isn't really the right word since they did it by starving their own population to death. All for what exactly?
@JNunoCoast
5 жыл бұрын
Edax You got a point
@SigEpBlue
5 жыл бұрын
As straining as the war economy was, can you imagine if there had been a large-scale natural disaster in those later years, further cutting supplies to allied nations? I'm thinking of 'The Year Without a Summer' levels of catastrophe.
@brianjonker510
5 жыл бұрын
Or perhaps a bad pandemic? Like a flu pandemic.
@dpeasehead
5 жыл бұрын
The war made the flu pandemic far deadlier and far more widespread than it would have been without a global war which brought millions of people into close contact under unsanitary conditions and then dispersed them all around the world.
@seanlander9321
Ай бұрын
Indy fails to note that it was the Australian wheat crop that kept the Allies fed in 1916, when every crop around the world failed, even the turnip crop in Scotland. Britain and France refused to pay until after the war, and even then would only pay at the pre-war rate and without interest.
@tf2664
5 жыл бұрын
I love that you are continuing the channel even though the war ended
@menitobussolini659
5 жыл бұрын
I don't know why Indy is still here but I don't complain
@TheDemonQueen-cc1rn
5 жыл бұрын
Pre-recorded videos
@jnliewmichael4235
5 жыл бұрын
@@CigarRegal WHY?!?! XD
@TheCimbrianBull
5 жыл бұрын
Mussolini, are you soon done cooking that spaghetti I ordered? 🍝 ♨
@peterlynch1458
5 жыл бұрын
@@TheDemonQueen-cc1rn Nonsense, this is some kind of magic. Indy Niedell is hosting the show live inside my monitor. Don't try to explain it all away with "science" and stuff.
@menitobussolini659
5 жыл бұрын
@@TheCimbrianBull Almost ready...
@Mike__O_757
5 жыл бұрын
This video really shows how the US's participation in The Great War went way beyond their contributions on the battlefield in 1917-1918. Without the US, the Entente would likely have lost the war before US combat troops ever saw battle.
@jaypandya7441
2 жыл бұрын
They would have most certainly lost. The Allies didn't have the same military logistics and resources a hand like the Germans did
@generaltom6850
2 ай бұрын
@@jaypandya7441 That’s certainly a very pessimistic view. The Entente had far more natural resources and manpower than Germany and Germany was also pushed to the limit. They certainly could have won or lost but it would have been nothing like the victory in OTL.
@jaypandya7441
2 ай бұрын
@generaltom6850 but remember that the US goods and armaments shipments to France and Britain kept them going. Despite the unrestricted submarine warfare, the amount of goods supplied to the allies was massive. Approx 8 billion dollars(today would be $253 Billion) . That is the official figure. Secret exports of arms must have been kept off the books.
@Mike__O_757
2 ай бұрын
@@jaypandya7441 Yes, certainly. With regard to secret arms shipments, look how long it took for the UK government to finally admit there was indeed war material aboard Lusitania. It was only after that material was discovered in the wreck nearly 100 years later and it became impossible to deny. There were almost certainly countless other ships with similar secret cargo that made it through and were never discovered.
@seanlander9321
Ай бұрын
The US made no military contribution of any significance or decisiveness , in fact Rawlinson wanted them removed from the front as they were a constant liability and Monash was fed up with losing his troops on rescuing Yanks. There is no doubt however, that after 1916, that without American money that the allies would have to have negotiated a peace, there was simply no way of paying for the war without American wealth. Additionally the American seizure of every German asset in the States in 1917 crippled the German economy more than the blockade did. The French gave particular thanks to the USA for the lifeline they were given by refusing to repay a penny from 1931 onwards, something that remains unchanged with the debt now in the trillions and doubling every fourteen years.
@tylerjerabek5204
3 жыл бұрын
Will you be doing anything on Herbert Hoover; a special episode would be interesting to show that while as a President he failed to get out of the depression but as an engineer and organizer he helped feed Europe after not one but both World Wars
@georgesclemenceau199
5 жыл бұрын
if your going to make another out of the trenches video then here’s my question What was the french foreign legions role during the war? What battles did they fight in? Which fronts did they fight in? Basically i would like to know a summary of the french foreign legion in ww1. Thank you if you responded and thank you for this wonderful journey. I got really emotional in the november 11th video
@texasforever7887
4 жыл бұрын
I know this is old but from what I know about it a large portion of the foreign legion at that time was made up of soldiers of Germanic origin/nationality. They weren't trusted so we're kept in the colonies. Although I believe some small units were used to fill gaps in the line.
@MihaiViteazul100
5 жыл бұрын
But who gave them the loans? Was it just regular people around the world buying bonds, or did neutral nations loan funds across the board?
@Patrick_3751
5 жыл бұрын
Until the US entered the war the American loans the allies received were from private individuals and firms. Once America entered, it was government loans.
@BurningFyre
5 жыл бұрын
The government also directly controlled a lot of military industry, with only nominal private ownership. Those industries were likely owed a lot of money over the years of war. Also, this is a war where defeat means the destruction of your homeland (or so the propaganda said) so its very easy to underestimate the amount of people who would buy war bonds to support the war effort.
@derrickjenkins2455
5 жыл бұрын
Take a quick read of Smedley Butler’s “War is a Racket”
@seanlander9321
Ай бұрын
Gave the loans is appropriate wording, as France has refused to repay anything. Their debt is now in the trillions to Britain and America, doubling every fourteen years.
@magic-maro
5 жыл бұрын
Yeah Indy, it's an honor to see you still on this channel!
@neilwilson5785
5 жыл бұрын
As an aside, sort of, USA share prices fell when the Hiroshima bomb fell in 1945. Industry was worried about he war ending.
@grumpybritishbean8969
5 жыл бұрын
Did anyone watch "They shall not grow old? A must view along with this !
@peacefulamerican4994
5 жыл бұрын
Now I know how the Little Orphan Anne writer created 'Daddy Warbucks'.
@levinb1
5 жыл бұрын
Interesting to see how many of the allied countries basically become symbiotic and reliant upon the US for exports, finance, and support.
@mreldude
5 жыл бұрын
Fantastic episode as always. Could you guys make a playlist for all your videos on economics during the war? It is a very interesting topic and would make it much easier to have everything in one place where we can find it. Also, I know the channel will still be making videos and Indy will still be hosting lots of them, but what next for Indy? What will he be moving onto?
@acediadekay3793
5 жыл бұрын
Hey Great War team question for aott, I just watched a documentary called the Age of Tanks (it features David Willey and David Fletcher from The Tank Museum Bovington, as well as Ralf Raths from Das Deutschen Panzermuseum). In the fist episode (also the best episode because it's about the great war) do they briefly talk about wooden dummy tank used by the germans on the western front (but i've seen pictures from Bulgaria as well). Call you tell us more about dummy tanks, how they were used and all of that great stuff ?
@typxxilps
5 жыл бұрын
They were replaced in WW 2 by plastic ones under air pressure. That had started in El Alamein and later preparing the normandy landing by pretending a 6th army preparing the main invasion on calais from dover. Dover was full of these fake tanjs for the german reconnaissance planes. A tremendous cause Hitler hold the most worthfull tiger and ss division at calais and Rommel was not allowed to defend as he wants to defend: at the beach throwing them back into the sea - no beachhead and high american blood losses would be the negative impact the american could not afford in public-
@olaf7989
5 жыл бұрын
I wish that there are all episodes to buy on DVD.
@charliespurr7325
5 жыл бұрын
America: Yes, from this day, from this moment forward, THE WORLD BELONGS TO ME! Wall Street: If you say so... Just don't come crying to me in 1929.
@CThyran
5 жыл бұрын
Then 1939 rolls around and we do the same thing we did during the first world war, selling guns, ammo and more.
@spookerredmenace3950
5 жыл бұрын
love these videos and the work you guys put in to it.
@hlynnkeith9334
5 жыл бұрын
I get the feeling that this episode barely scratched the surface of wartime economics. Say what you will about France, it was the arsenal of the Entente in the Great War. My guess is that the French built about half the airplanes used in the Great War. Certainly French production dwarfed German and Austrian production combined.
@AFT_05G
5 жыл бұрын
Well,look at production of artillery,machine guns and rifles after think again.Germany outproduced France so heavily except aircaft and tanks.
@erichvonmanstein1952
5 жыл бұрын
h lynn keith France never outproduced Germany in something until 1918 when Germany’s aircraft production collapsed and France produced ten thousands of aircraft in 1918.Just in aircraft,tanks and motor vehicles.İn production of artillery,shells,rifles,mortars,grenades Germany was far superior.İn fact they produced more heavy artillery pieces than Britain-France-Russia-İtaly combined.
@gtrrohit5078
2 жыл бұрын
@@erichvonmanstein1952 this is sort of untrue. The Hindenburg programme esentially failed so in 1917 even many French divisions were way better equipped than the Germans lol
@DotepenecPL
5 жыл бұрын
Italian industry in the second world war is kind of impressive, too, and underestimated as well. I think that was the only German ally in Europe who supplied its army with its own effort, and fought war from Ethiopia through Lybia and Balkans to the Eastern Front.
@pip4708
5 жыл бұрын
You guys are pretty close to 1 million subscribers keep up the hard work!
@seanlander9321
Ай бұрын
The economics of WWI is fascinating. Initially Britain financed the war, but by 1916 Treasury had run out of money, with most of it being lent to a France and Italy. Enter America, with its loans and then in 1917 the seizure of every German asset in the States which crippled the German economy. The French and Italians will never repay their loans and Britain will discount its debt to America. The crunch really came when the wheat crop failed in Canada, America and Argentina, it was Australia that came to the rescue but it didn’t receive payment for three years, not even for its wool clip. However, after the war, no country, except Australia paid its debts; Hansard records that the Australians needed to be taught a lesson. Then in 1953 from the London Agreement, the Germans agreed to recommence reparations. One of their conditions was that Australia not be paid anything, to which the other Versailles signatories and descendant countries heartily agreed.
@blakekenley1000
5 жыл бұрын
Sounds about like the lend lease act.
@stuffystuffclub
5 жыл бұрын
Great video! Would love to see a video on the war economies of the Central Powers as well to see how they matched up...
@elliotnordling2835
5 жыл бұрын
Glad you'r back Indy and the great war show, wonder what you'r future interesting episodes will be...also great work!
@christopherellis2663
5 жыл бұрын
Yes, and every village in France has memorials for at least fifty men, and there are abandoned farmhouses still to be found.
@PS-nf3xw
5 жыл бұрын
Welcome back Indy
@phishENchimps
5 жыл бұрын
2:47. awesome. one job was to place a shovel of earth as it fires.
@PrimevalDemon
2 жыл бұрын
"Food, Fodder, Copper, Oil... Long ago these exports were shipped freely without fret ove the many seas of the world, but then one day, they were gone. Now we're new recruits searching for any substitutes we may find, but I believe the seas shall open again one day. "
@matthewchicchi7262
3 жыл бұрын
I play Supremacy, it's cool.
@0utc4st1985
5 жыл бұрын
Why was there a hick-up in the American supply lines to the Allies in late 1917? Was the U-Boat campaign really that successful during the winter?
@TheGreatWar
5 жыл бұрын
it was pretty successful at one point, yes
@JimmyTheTurtle892
5 жыл бұрын
Haha have a test on this on Friday coincidentally. Thanks a lot
@Matt_The_Hugenot
5 жыл бұрын
At the end of the war there was a movement to organise debt relief between the various allied governments. The U.S. refused to participate demanding repayment in full however the UK did effectively bankrolling all the other allies. The resulting weakening of the British and Irish economy set the stage for London's inability to respond to the Great Depression, isolation from Europe, and the long independence process beginning with South Asia.
@JM-jv7ps
5 жыл бұрын
And people say that Americans did nothing of value in the war.
@nathanbolton4139
4 ай бұрын
Can you make a video on the Pittman Act?
@biscuit15
5 жыл бұрын
Question...: what happened to the dutch selling cocaine to both sides during the war? Best channel thanks!😁 Regards: Darian.
@dimestoreharry3344
5 жыл бұрын
Kinda' proves what Gen. Smedley Butler said about War.
@michaelrider
5 жыл бұрын
An essential episode afterwards. Who would have thought?
@martinidry6300
5 жыл бұрын
This 1 is really excellent. You haven't missed a beat here Indy. What are you doing now - apart from taking a very well earned break?
@cspro-ce3tb
5 жыл бұрын
World war 2
@alexwallachian7720
5 жыл бұрын
He started the World War 2 channel about a month ago. This is pre recorded
@martinidry6300
5 жыл бұрын
thanks@@alexwallachian7720 - Indy's a work dynamo! I'll look it up.
@martinidry6300
5 жыл бұрын
Cheers - I'm currently catching up. I'm also taking in Between2Wars. Quite an incredible amount of high quality work here - & delivered in such an interesting way. TV historians are pretty appalling here in Britain. I can't see the BBC TV licence fee surviving another 15 years.
@robintube-cz4tw
5 жыл бұрын
Love your videos
@danvanleeuwen7712
5 жыл бұрын
Woody Guthrie tells parts of this story in the song The Flood and the Storm
@podemosurss8316
5 жыл бұрын
4:10 Indian weed? Well, now we understand how did the British staff plan their offensives in the Somme and in Paschendelle...
@bradjohnson4787
5 жыл бұрын
Wow!
@Finnmark4
Жыл бұрын
Sorry for the late comment, but don't you mean J.P. Morgan Jr. ? He was even a victim of an assassination attempt in 1915. Thanks!
@charliespurr7325
5 жыл бұрын
Essentially... Total war.
@WJack97224
5 жыл бұрын
I like this video as it exposes all the penalties and punishments imposed on people for following leaders. There is an old saying that people get the kind of government they deserve. So, by voting for the political leaders, the people got WW I and WW II and before that they got The American Civil War and the Indian Wars and the Spanish-American War and then later the Korean, Vietnam and Iraq wars and the debacle in Afghanistan and Somalia and
@kenibnanak5554
5 жыл бұрын
The implication being, as has also been alleged about the next war too, had Germany early on put more effort and U boats into the embargo of England and France, it may have won.
@Coolcleverstone
5 жыл бұрын
Imagine what would've happened if American Bankers thought the Central Powers would win and invested in them instead.
@patrickrogers9689
5 жыл бұрын
It was a bit of a vicious cycle. They were more invested in France and the UK already and the only way to recoup their investment was for the Entente to win, so they started investing even more.
@NihilsineDeo1866.
5 жыл бұрын
hi iam big fan
@Defectoboy
5 жыл бұрын
I wish I had the music list of your videos.
@andreimorar5249
5 жыл бұрын
What about the Romanian war economy? How was it, especially in 1917, in the situation of having 2/3 of the country occupied and with the oilfields of Ploiesti and the port of Constanta being lost to the enemy?
@PeterClarke55
5 жыл бұрын
I have heard recently that the UK only recently stopped paying the First World War debt. Allies sure make great friends..
@TheJamesthe13
5 жыл бұрын
Deficit spending for a nation with its own sovereign capital currency, isn’t strictly speaking the issue. The real issue is the artificial constructs that the financial industry had created to rationalise sovereign debt, such as bonds and funds. The reality is that a nation state could continue to invest in its own economy ad infinitum, if sufficient measures are taken to control inflationary pressures. I appreciate that this wasn’t accepted theory at the time of the war, but I though it relevant to point out for reference, as the terminology has since changed it meaning if not the words.
@le6637
Жыл бұрын
That's the mmt reference I looked for in this comment section. I guess the problem for the allies was that they had to buy american goods in dollars so they couldn't just do deficit spending with pounds or francs.
@bskorupk
5 жыл бұрын
Anyone else notice a sort of quiet, cellphone chirping noise sporadically in the later part of the episode?
@bskorupk
5 жыл бұрын
Also, at 0:00 I thought: "Indy Long, Share the Bomb!"
@57WillysCJ
5 жыл бұрын
This wheat problem is going to cause major economic problems for US farmers in the 1920s, not to mention the land. This war took a lot of US iron ore. The next one drains the best iron ore deposits in the US.
@AFT_05G
5 жыл бұрын
Yeah,without US raw materials French industry would be collapse in 1916-17.
@EzekielDeLaCroix
5 жыл бұрын
Let us just say that G-d was on their side.
@griever77777
5 жыл бұрын
whos g-d
@EzekielDeLaCroix
5 жыл бұрын
@@griever77777 our greatest allies
@Zwickerly2
5 жыл бұрын
me: The great war is a very serious subject Indy: Bonar Law me: pfffft hahahaha
@Mladorossi_Bulgaria
5 жыл бұрын
It’s time boys
@garybob4
5 жыл бұрын
candidate for best name in this series: BONAR LAW
@teddyboragina6437
5 жыл бұрын
s1914 can be fun. I've played it before.
@harisahmed8009
5 жыл бұрын
could you do on ottomans
@davidhutchison3343
5 жыл бұрын
It was only a few years ago Great Britain paid off its last WW1 loan.
@Brendissimo1
5 жыл бұрын
I love this channel and I get that you have to finance it, but F2P browser games are a plague on the gaming industry.
@blumtendo929
5 жыл бұрын
What was the most powerful Tank in WW1?
@guguss3804
5 жыл бұрын
Mokinsen Probably the Renault french tank. Not the most powerful in terms of firepower but the most decisive for sure. It is often considered as the first modern tank since it is the first to use a rotative turret. It was also fast for its time and easy to build compared to the others. This tank was a decisive factor in the 100 days offensive that ended the war.
@WingedKuriboh117
Жыл бұрын
Allied Powers: The United States didn't contribute much. Americans: Economy goes BRRRRRR...
@tavish4699
5 жыл бұрын
Does anyone know what happend to the German Version of this Channel?
@trn0m961
5 жыл бұрын
Hi
@floris812
5 жыл бұрын
hi
@angelocortez4471
5 жыл бұрын
Alan!
@ComradePenguinski
5 жыл бұрын
Privyet Tovarish
@emiloskar3015
5 жыл бұрын
I feel like that Petain guy will stay loyal to France
@Wladislav
5 жыл бұрын
Need a little animation of money/gold flowing from the UK to the USA.
@rumelia545
5 жыл бұрын
Please subtitle...
@halfcantan1208
5 жыл бұрын
What effect did the war have on the price of cabbage in Ireland ?
@davididiart5934
5 жыл бұрын
How likely would communist revolutions have been in Paris, Rome, and Berlin had the war dragged on a few more months?
@TheGreatWar
5 жыл бұрын
Well, there was a revolution in Berlin in 1918
@darkogabric1130
5 жыл бұрын
So how different will be communist vs capitalist war economy
@Semper_Iratus
5 жыл бұрын
👍
@argexpert
5 жыл бұрын
i am waiting for the german capture of the economy
@Cykler770
5 жыл бұрын
Gerate video at all short question: I heared there was the possibelity that the USA had joined the central powers is there a bit truth in it? ov even Mexico was close to join the central powers. But the reasone why the USA decleared germany the war was because Germany shooted on passanger ships of the usa because smuggling wich the isa deneided
@varana
5 жыл бұрын
Not really. If some things had gone differently, maybe they would've stayed neutral for longer. But joining the Central Powers - no. Even before they officially entered the War, they were very much leaning towards the Entente, and going to war against Britain or France wasn't going to happen. As for Mexico, Germany tried to goad Mexico into an attack on the US (the infamous Zimmermann telegram which became public and was one of the reasons the US eventually declared war on Germany), but likewise, the chances of that happening were really slim. Also, Mexico was in the midst of a civil war at the time (the Mexican Revolution), and even if one side would've joined the Central Powers, the effect would've been negligible.
@mrperson0140
5 жыл бұрын
Germany held out in the end a way. Germany, France, and Italys economies did collapse. Even Americas because of the war.
@POVboxing
5 жыл бұрын
When you say people and companies were funding the war by loaning out money. Who were these people and companies that had more money than an entire country? Were there millions of them or just a few stupidly rich?
@varana
5 жыл бұрын
Many of them. Germany, for instance, funded a substantial part of the war's cost through loans from its citizens, and while there were major companies among the lenders (esp. insurers), much of the sum was just loans from lots of people.
@OchotaJack
5 жыл бұрын
Nation of bankers is stupidly rich and so far they win all the wars.
@Alecxace
5 жыл бұрын
Can't wait to see you guys in 2039... but if you start with the Japanese story first, it would be 2036
@jeffreyzervos6938
4 ай бұрын
This is literally how the US started its rise to hedgemony
@stephengalindo6340
5 жыл бұрын
Dependence on the US: Ungrateful colonists, you say?
@dl7096
5 жыл бұрын
LOL BONAR LAW
@cnlbenmc
5 жыл бұрын
Underestimate the Arsenal of Democracy at your own peril.
@oddballsok
5 жыл бұрын
2:09 note the electrical trolleys !
@joshuawrightman5388
5 жыл бұрын
Continue the series with the Russian revolution.
@solidus1995
3 жыл бұрын
Do I need to watch the video to know that war is what fueled the allied economy lol
@chainoad
5 жыл бұрын
USA, the luckiest nation on Earth...
@WhatIsSanity
5 жыл бұрын
If US economic aid in the forms of loans and leased manufacturing were keeping Britain and France in the war and able to fight, US intervention didn't hasten the ending of the war US intervention prolonged and worsened the war. If both the Central powers and Entente forces fought until their economies were collapsing then they would have forced each other into a treaty much sooner. Part of the reason Germany refused to let any form of peace take place come 1916 was that the allied peace terms demanded Germany cede territory they were now totally economically dependant on, and the Entente refused to budge because they realised they could win a war of attrition through economy. No Entente economic advantages would force them to make concessions in peace negotiations or be destroyed. The USA's war profiteering killed tens of millions of people.
@xappgametvx
5 жыл бұрын
This channel is literally dead
@NeoIvan17
5 жыл бұрын
I never knew the Allied, sans American, economies were so close to collapse of their own even with U.S. aid. I had no idea there were vast shortages of material, food and coal. It's no surprise that American financiers were banking on the Allied win cause they wanted their money back for more profit. This no doubt led to the Allies harsh financial demands on Germany in the treaty of Versailles which would create one powder-keg for the Great Depression. I could be wrong on this though. Did the American economy and aid really win the war for the Allies or was did it just kept them afloat and in the fight? An interesting question I think.
@varana
5 жыл бұрын
You're completely right - this was one of the reasons why the Great Depression spread so rapidly to countries that weren't directly involved with the problems of the US economy. The French and British had huge economical problems after the War, and they used the money from German reparations to pay their debts to the USA. When the Great Depression started, the US withdrew their loans to German companies and banks and shut their markets, causing the German economy to tank as well, and that rippled on and hit the Allies as well.
@dpeasehead
5 жыл бұрын
Proving once again that war as a profit making enterprise is extremely overrated.
@capralean
5 жыл бұрын
American economic aid was necessary for the Allies to win both the First and Second World Wars. It was more vital than US troops in WWI. And the wealth that was transferred from Europe to America was, more than anything else, what caused the US to replace the British Empire as the leading power in the world after those two wars. They were Pyrrhic victories for the British.
@texasforever7887
4 жыл бұрын
The US had to protect their investment
@gandhithegreat328
5 жыл бұрын
I don't know if you're still going to do special episodes on people but could you do one on Pope Benedict XV? He became the Pope just a few days after the war broke out and served until 1922. I think it would be interesting to the see the Catholic Churche's views on the war and what Pope Benedict XV did as Pope while millions were fighting and dying all over the world
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