Britain has paid the last instalment of its World War II-era debt to the US and Canada, with a $100 million payment to its allies.
Britain was left with a debt of $4.3 billion to the US and $1.2 billion to Canada more than 60 years ago, when London took out loans to finance reconstruction.
Annual payments on the loans, taken out at 2 per cent interest, have since totalled twice the original debt in dollar terms.
I am actually shocked that a foreign nation paid off it's debt to us. The Britts are good folks, even if they talk funny.
1 comment:
Good day, nice blog, good info!
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