Az ANTANT már 1916 végére teljesen becsődölt volna ami totál gazdasági összeomláshoz vezetett volna ha Amerikából nem kap óriási kölcsönöket és materiális segítséget?

The sheer cost of the war had meant that even using all the resources of the London financial centre and the enormous gold reserves of France and Russia there was still a shortfall in financing. Even before the war began the Rothschild Bank (Britan’s go to war financiers since the Napoleonic Wars) had contacted J. P. Morgan in the USA about war finance, and they in turn had approached the US Government about how to help the Entente without breaking formal neutrality. In the event J. P. Morgan co-ordinated the US side which resulted in 100 times more money going to the Entente than to the Axis Powers.

The initial response of the Stock Exchange after the Declaration of War in 1914 was extremely negative. The Dow Jones Index plunged 60%, but very quickly the demand for materials, iron, steel, chemicals, cloth etc. started a steep climb in the Market. For America this was going to be a profitable war.

It was not out of the goodness of J. P. Morgan’s heart that he made the pact with the Entente because it meant that all those loans were spent in the USA boosting US industry, and as a side effect putting the US in a position where it could join the war itself in 1917 with a fully functioning war industry. The US Banks made enormous profits both directly and indirectly through the boost to the US economy. Unfortunately for them the Wall Street Crash meant everyone stopped paying war debts in 1931 and even today the Entente Powers never have repaid those loans.

International Encyclopedia of the First World War (WW1)

How Wall Street bankers got the U.S. into WWI

Financial Markets in World War I (WWI) | Winton