As early as 1915, the United States, not yet involved in the War, had loaned France and Great Britain millions of dollars through American banks. Had Germany won, those bonds held by American bankers would have been worthless. By the spring of 1917, American bankers had loaned the Allies almost $3 billion dollars plus another $6 billion for exports, and the steel, munitions, chemical and agricultural industries had all become dependent on the war for profit. Lastly, some of the democrats (and Woodrow Wilson’s biggest financial backers) had vested personal financial interests with Britain and France. How did this happen?
So who has the most to gain if China and USA go to war?
