Hacker News new | ask | show | jobs
by nl 1190 days ago
I find this history really interesting.

Apparently there was a weird set of loans the UK took from the US during WW1 where the US put a moratorium on repayments during the Great Depression, and then loan payments never restarted:

> These loans remain in limbo. The UK Government's position is this: "Neither the debt owed to the United States by the UK nor the larger debts owed by other countries to the UK have been serviced since 1934, nor have they been written off."

That and a bunch of other interesting things about the history of the UK debt are in http://news.bbc.co.uk/2/hi/uk_news/magazine/4757181.stm

2 comments

Just don't ask France about loans the USA has with them for the war...the Revolutionary War!
The official government position is procrastination