1945 war debt to US 'almost paid'

Originally posted by Bill Murray
I would have thought that my country would have long ago forgiven this debt. Doesn't make me real proud although I imagine it does make the British proud.

Hmmmmm, I suspect most of the "British" don't even know about it, but its true that fighting a World War and paying the Lend-Lease back did virtually bankrupt the country and its interesting to compare the US 50's boom with the UK austerity in the same period.

Not to forget the large tracts (to us) of real estate used as US military bases both here and in the dependencies that is rent free in perpetuity it seems.

As an interesting illustration, building land is now worth a bit over 1 million GBP per acre on average but nearly 5 million in inner London. . . . . . . . . . . . . .

http://www.uklanddirectory.org.uk/la...and-future.htm

R.