
Originally Posted by
Oakie
I heard a quote regarding that a few years back. It was to do with the re-industrialisation of Japan post 1945 and it's effect on American industry (think the growth of Honda and Toyota cars vs the struggles of Chrysler and Ford for example). It went something along the lines of "America won the war but Japan won the peace".
I understood that both Japan and Germany benifited enormously from post war reparations paid to them by the US. Conversly the UK was almost bankrupted repaying loans that the US had extended them before joining tha war in '41.
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