The Deluge: The Great War, America and the Remaking of the Global Order, 1916-1931

Author: Adam Tooze
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by alexhutcheson   2017-08-19
For those interested, this is covered with detail and nuance in the beginning of Adam Tooze's book "The Deluge"

https://www.amazon.com/Deluge-America-Remaking-Global-1916-1...