Why did Germany default on its loans from the United States in the 1930s?

Germany refused to adhere to any international agreement that obliged it to pay back debts.

Germany's economy, still recovering from World War I, could not generate enough money to pay back the loans.

Germany poured the majority of its resources into rebuilding its military.

The German banking system collapsed after a run on the banks at the end of the decade.

Question

Why did Germany default on its loans from the United States in the 1930s?




Germany refused to adhere to any international agreement that obliged it to pay back debts.




Germany's economy, still recovering from World War I, could not generate enough money to pay back the loans.




Germany poured the majority of its resources into rebuilding its military.




The German banking system collapsed after a run on the banks at the end of the decade.

anonymous · Answer

i think B.. they owed the US loans