03-05-2003, 02:33 PM
|
#26
|
|
Guest
|
Quote:
Originally posted by Spelca:
PS: Which debts has the US forgiven? Does anybody know? 
Most of Europe is as you see it now due to the (Monroe Doctrine My mistake I did not mean the Monroe Doctrine) Marshall Plan, this was the US rebuilding Eurpoe after World War II. Nearly all of this debt was forgiven or written off.
The US has also had debts nationalized....as in investors made deals with nations, and paid for things...only to have the nation turn around and say, get out, this is all mine now. (nearly the entire middle east oil infrastructure was obtained in this manner.)
Another debt that was forgiven was the Lend Lease program of world war II. Equipment and materials were "lent" to England and Russia, these debts were also forgiven.
Those are just two quick examples.
|
[ 03-05-2003, 05:42 PM: Message edited by: MagiK ]
|
|
|
|