The Lender's Mercy

Abstract

During and after World War II, the United States manipulated the economic weakness of their ally, the United Kingdom, to increase US power and further national interests. Currently, as the worlds largest debtor, the United States, is positioning itself in a similarly precarious position. This paper seeks to explore how the United States manipulated economic power to erode the global position of the United Kingdom through the Destroyers for Bases agreement, Atlantic Charter, Anglo-American loan, Bretton Woods agreement, and in the Suez Crisis. In todays environment the cumulative debt in the United States and other western economies provides similar leverage for nations financing government spending.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 2012
Accession Number
AD1022924

Entities

People

  • Jeffrey E. Shuck

Organizations

  • Air Command and Staff College

Tags

Communities of Interest

  • Biomedical
  • Energy and Power Technologies
  • Weapons Technologies

DTIC Thesaurus Topics

  • Budgets
  • Commerce
  • Department Of Defense
  • Families (Human)
  • Governments
  • Health Care
  • Intergovernmental Organizations
  • International Organizations
  • International Relations
  • Military Budgets
  • Money
  • National Politics
  • National Security
  • New York
  • Second World War
  • United States
  • United States Government

Fields of Study

  • Economics

Readers

  • East Asian Political and Security Studies within the Soviet Union
  • Government and Public Administration Law.