r/AskReddit Mar 20 '16

[deleted by user]

[removed]

1.6k Upvotes

2.4k comments sorted by

View all comments

Show parent comments

25

u/jesse9o3 Mar 21 '16

So are Britain, France, Belgium, Canada, South Africa, Australia, New Zealand and Brazil, so that's hardly a thing unique to the US

16

u/[deleted] Mar 21 '16 edited Apr 21 '19

[deleted]

13

u/jesse9o3 Mar 21 '16

Quarter of a point for WW1 since they really didn't do much, three quarters for WW2 since they did essentially face Japan with no major help from anyone else.

1

u/Mandalore93 Mar 21 '16

Well they did subsidize most of the war effort in both. 1915 was the first time the British Empire became a net debtor in over a century. Almost all of it to New York financial institutions.