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Originally posted by blackcat99
reply to post by centurion1211
And for the help afterwards by the americans to rebuild etc we were forced to pay back every penny and only just stopped paying about 10 years back (or less)
edit on 23-3-2011 by blackcat99 because: spelling!
There was no charge for the Lend Lease aid delivered during the war, but the Americans did expect the return of some durable goods such as ships. Congress had not authorized the gift of supplies after the war, so the administration charged for them, usually at a 90% discount. Large quantities of undelivered goods were in Britain or in transit when Lend-Lease terminated on 2 September 1945. Britain wished to retain some of this equipment in the immediate post war period. In 1946, the post-war Anglo-American loan further indebted Britain to the U.S. Lend-lease items retained were sold to Britain at 10% of nominal value, giving an initial loan value of £1.075 billion for the Lend Lease portion of the post-war loans. Payment was to be stretched out over 50 annual payments, starting in 1951 and with five years of deferred payments, at 2% interest.[27] The final payment of $83.3 million (£42.5 million), due on 31 December 2006 (repayment having been deferred in the allowed five years), was made on 29 December 2006 (the last working day of the year). After this final payment Britain's Economic Secretary to the Treasury, Ed Balls, formally thanked the U.S. for its wartime support.
Originally posted by blackcat99
reply to post by centurion1211
And for the help afterwards by the americans to rebuild etc we were forced to pay back every penny and only just stopped paying about 10 years back (or less)
edit on 23-3-2011 by blackcat99 because: spelling!
Originally posted by SeekerofTruth101
reply to post by bluemirage5
This is not a religious issue. The Libyans being oppressed by the mass murderer are muslims too.
Originally posted by centurion1211
Originally posted by blackcat99
reply to post by centurion1211
And for the help afterwards by the americans to rebuild etc we were forced to pay back every penny and only just stopped paying about 10 years back (or less)
edit on 23-3-2011 by blackcat99 because: spelling!
Guess you are saying you'd prefer to be speaking German or Russian right now. That's IF you are even here because your ancestors weren't killed in the invasion of Britain.