That all actually started after World War 1, to be honest.
It was during the first world war that all of the European powers spent literally all their money fighting each other, with both sides then reaching out to the United States for loans to continue fighting each other, which America was of course happy to oblige.
The repayment of those loans constituted the largest transfer of wealth in human history from Europe to the Americas, setting the stage for the American war machine to be completed prior to world war two.
That all actually started after World War 1, to be honest.
It was during the first world war that all of the European powers spent literally all their money fighting each other, with both sides then reaching out to the United States for loans to continue fighting each other, which America was of course happy to oblige.
The repayment of those loans constituted the largest transfer of wealth in human history from Europe to the Americas, setting the stage for the American war machine to be completed prior to world war two.