Thread, as they say.
Reposted from
Alan Allport
Ok. So. Look. Lend-Lease, since it’s in the news again thanks to BoJo.
LL, introduced in spring 1941, was intended to get around the specific problem that the UK no longer had dollar liquidity to pay for US imports at a time when the United States was still neutral in the war.
LL, introduced in spring 1941, was intended to get around the specific problem that the UK no longer had dollar liquidity to pay for US imports at a time when the United States was still neutral in the war.
Comments