Quote Originally Posted by Rjk View Post
From a British pounds of view as well the first world war effectively ended Britain as the global superpower and left us in massive debt to the USA.

Standards of living amongst the middle classes in Britain have probably never been as high as in the present war period. Of course that was built on the backs of workers in the empire, so that's not necessarily a good thing.
I think that was WW2!!! Lend lease is what caused the debt.