Keynes and The Treaty of Versaille

John Maynard Keynes was an economist in Great Britain during World War I. Keynes also served as a representative of the Treasury of Great Britain and was an outspoken member at Versailles. Since Keynes was an economist he saw the consequences that the sanctions on Germany would do not only to their economy but what it would do to the rest of the world economy. He saw that since Germany would have to pay large sums of money they would not be able to provide for their people and Germany was already facing food shortages because of the Allied blockade. The food shortages and debt sanctions would not allow Germany to import goods, most of Germany’s economy is industrial, and cause the other surrounding economies to suffer the consequences of peace. Keynes stated that instituting this treaty, which would not only force Germany to take drastic measures but would result in the endangering of millions of German people. We can look at Keynes’ argument and know it is strong because of our hindsight that tells us what kind of state Germany becomes in the future.

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