Item 58: Internment camp diary, October 1916-October 1917 - Page 106

<p>[Page 106]</p><p>According to a recent list, they so far amount to:</p><p>September 1914 - &pound;223,000,000<br />March 1915 - &pound;453,050,000<br />September 1915 - &pound;605,050,000<br />March 1916 - &pound;535,600,000<br />September 1916 - &pound;532,600,000<br />March 1917 - &pound;638,000,000<br />Total - &pound;2,987,300,000</p><p>One has to wonder, however, how these huge loans, which after the war will be swelled by vast sums of pension money, will ever be serviced and repaid. State-owned monopolies, enormous taxes on income and even wealth, as well as lowering the bond interest rates from 5 to 3% will be inevitable, and even then it will take more than one generation to pay off the debt. What&rsquo;s interesting about these figures is that the economists were so wrong in their claim that no world crisis could last longer than one year because of the financial impact.</p><p>13/10/17.<br />Unfortunately, the socialist agenda in Germany is gaining more and more ground, especially</p>