Affects on the US

Due to loans given to the Nations of Europe in World War 1, Europe was in debt with us. After giving billions of dollars for relief, reconstruction, and war supplies to both allies & European nations. As a result, Europeans owed the US $10 billion dollars in "war debt". Shortly after in 1929, the US had a stock market crash. Also in the US around this time, stock prices declined 1/3 overall in the length of a few weeks! Imports decreased, fortunes were wiped out, and businesses were losing customers due to the sudden protection of the remaining money. The financial difficulties involving France and Great Britain, added to all the global financial crisis's going on.