End of Lend Lease

[Glider]

I think you missed the bit where it says that the interest rate was 2% which was very low and this has been paid off plus the original amount. In addition to the Lend Lease there were war loans and other loans at different rates after the war not including the Marshall Plan. The final payment covered all these loans.
At least give the UK some plus marks for paying these amounts off, how many other countries have done so?

Re the WW1 loan, the prolem the UK had is that we were owed much more by other countries in particular the French, than we owed the USA. With the economic recession in the 1930's all countries were unable to pay these off and this is one reason why the debts remained unpaid.

[davparlr]

Originally Posted by Glider

I think you missed the bit where it says that the interest rate was 2% which was very low and this has been paid off plus the original amount. In addition to the Lend Lease there were war loans and other loans at different rates after the war not including the Marshall Plan. The final payment covered all these loans.
At least give the UK some plus marks for paying these amounts off, how many other countries have done so?

Yeah, I didn't read the whole passage prior to responding. I do think it is honorable to have repaid the loan.

Re the WW1 loan, the prolem the UK had is that we were owed much more by other countries in particular the French, than we owed the USA. With the economic recession in the 1930's all countries were unable to pay these off and this is one reason why the debts remained unpaid.

I don't think anyone really expects these loans to be repaid, nor does anyone think that it is a problem.