In an earlier discussion on the board, I remember someone suggesting the Allies (particularly Britain) would cede territories to the United States in exchange for finance to fight WWI, assuming the U.S. stays uninvolved for a longer period.
I think this was expressed in terms of collateral for loans, but the gist of it was that the United States would end up acquiring extensive new territories, including the Bahamas.
So realistically, what kind of gains could the U.S. expect to make in such a situation? Given how loans would come from private banks and not the government (or would they?), I'm wondering about how exactly the British would mortgage the Bahamas to J.P. Morgan. Or more realistically, would the British be selling territory to the U.S. government and use the money to finance the war effort?
I'd link to the original discussion, but I can't find it.
I think this was expressed in terms of collateral for loans, but the gist of it was that the United States would end up acquiring extensive new territories, including the Bahamas.
So realistically, what kind of gains could the U.S. expect to make in such a situation? Given how loans would come from private banks and not the government (or would they?), I'm wondering about how exactly the British would mortgage the Bahamas to J.P. Morgan. Or more realistically, would the British be selling territory to the U.S. government and use the money to finance the war effort?
I'd link to the original discussion, but I can't find it.