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The Impact of Interest Rate Cuts

Ones and Tooze

CHAPTER

Churchill's Dilemma: War or Peace?

This chapter examines Winston Churchill's critical decisions prior to World War II, weighing the possibility of peace with Nazi Germany against the backdrop of political tensions and military readiness in Britain. It also explores the intricate negotiations surrounding the Lend-Lease Act, highlighting the economic dynamics and strategic implications of U.S. support during the war.

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