this post was submitted on 22 Mar 2026
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Indeed! The rates were untenable, so they also gave MORE loans to pay off the interest of the loans, and so on, making incredible wealth off of interest alone. Like I said, it wasn't done for charity.
Much was not repaid, of course; that was paid for by the taxpayer, those loses were not paid for by the banks (The US was the guarantor).
There's no fantasy, I agree that that's really what they did. Well, plus the USA seized a lot of land. And built many military bases all over the world. And much, much more.
Is this some kind of joke? Seriously?