Will Europe Ever Defend Itself?

The rules: No spamming, no making a nuisance of yourself.

Moderators: chijohnaok, Kameolontti

Message
Author
User avatar
chijohnaok
Sergeant Major
Posts: 38213
Joined: Mon Sep 15, 2008 9:50 pm
Location: West coast of the east coast
Contact:

Re: Will Europe Ever Defend Itself?

#1231 Post by chijohnaok » Tue Feb 11, 2020 5:34 pm

NATO wrote:
Tue Feb 11, 2020 4:49 pm
Changing topic a bit and something i've always wondered abt, HOW did Nazi Germany pay Sweden for the iron ore Germany bought/rcvd in those first and middle years of WWII?
-You'd figure Sweden wanted money or gold for their deliveries to Germany via the western Baltic Sea and were not giving Nazi Germany 'credit terms', "pay us later for our iron ore" terms.
-You'd figure Sweden would not accept wire-transferred Reichmarks as payment anyway, even if possible, .....any sort of european nation-to-nation banking system ceased on Sep 1, 1939, or not?
-Switzerland, prbly the greatest winner and survivor of WWII, did they ship Germany's gold to Sweden, I dont think so.

So how did Sweden get paid for the iron ore they sold to Nazi Germany 1939-1944(?). This is not a criticism of Sweden( they and the Danes gave us porn after all), just financial curiosity.
Question directed to Wulfir and Nero.
Just speculation on my part but stolen gold and other precious metals (both those stolen from the reserves of the countries that they conquered/occupied, as well as gold confiscated from people in concentration camps.

Edit:
I found this little snippet in Wikipedia:
Given that Britain had been unable to prevent the successful invasion by Nazi Germany of both France and Norway, the Swedish government was not convinced that the British could protect them and opted to continue exports. The iron ore provided much needed gold bullion, food and coal from Germany. The iron ore was transported by sea from the Norwegian town of Narvik and from Luleå in northern Sweden.
https://en.wikipedia.org/wiki/Sweden_du ... oncessions

So, it looks like Sweden was paid with gold bullion, food and coal.
The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.
- misattributed to Alexis De Tocqueville

No representations made as to the accuracy of info in posted news articles or links

nero
Sergeant Major
Posts: 20959
Joined: Sat Oct 04, 2008 4:43 pm

Re: Will Europe Ever Defend Itself?

#1232 Post by nero » Wed Feb 12, 2020 7:52 am

NATO wrote:
Tue Feb 11, 2020 4:49 pm
Changing topic a bit and something i've always wondered abt, HOW did Nazi Germany pay Sweden for the iron ore Germany bought/rcvd in those first and middle years of WWII?
-You'd figure Sweden wanted money or gold for their deliveries to Germany via the western Baltic Sea and were not giving Nazi Germany 'credit terms', "pay us later for our iron ore" terms.
-You'd figure Sweden would not accept wire-transferred Reichmarks as payment anyway, even if possible, .....any sort of european nation-to-nation banking system ceased on Sep 1, 1939, or not?
-Switzerland, prbly the greatest winner and survivor of WWII, did they ship Germany's gold to Sweden, I dont think so.

So how did Sweden get paid for the iron ore they sold to Nazi Germany 1939-1944(?). This is not a criticism of Sweden( they and the Danes gave us porn after all), just financial curiosity.
Question directed to Wulfir and Nero.
I found this article: Europe: Documents Reveal Sweden's Ties To Nazi Gold. But I understand that Sweden also got coal and other commodities that they needed.
A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses. -- Carlo M. Cipolla

Mit der Dummheit kämpfen selbst Götter vergebens. -- Friedrich Schiller

wulfir
Staff Sergeant
Posts: 4820
Joined: Mon Feb 16, 2009 6:41 pm

Re: Will Europe Ever Defend Itself?

#1233 Post by wulfir » Thu Feb 13, 2020 9:10 pm

NATO wrote:
Tue Feb 11, 2020 4:49 pm
-You'd figure Sweden wanted money or gold for their deliveries to Germany...
The iron ore trade was considered a crucial means to avoid being attacked. It made possible an exchange of vital products from a Swedish perspective - energy (coal, koks, oil), weapons, wool, cotton, lead, car and tractor-parts etc that kept Sweden at least running on idle (and not seeing a remake of the Hunger-skjöld years of 1916-18), and also building up the neglected armed forces. Sweden did try to buy oil from the USSR too, but little came of this before Barbarossa. Efforts to trade with the western powers (Britain) was kept up too - here volumes were smaller (given the geography of the German conquests) and ball bearings (the other important Swedish item) played a bigger part...

Post Reply