Ok I concede the point but I would still rather have us loans than no us loans
Also what are the odds that some of that American money is going straight to Moscow to pay for soviet equipment? I wonder how the public would react to that (the midterms could be disastrous for the incumbents)
It wouldn't swing the election considering internal affairs rules the roost at the moment in us politics. Everyone knows that if they are the ones, or seen to be the ones, that 'ended the Depression' they can coast on that victory for a good twenty years before that fades from public imagination. Now we all know that the Us getting involved in the war, becoming the world's factory and the arsenal of democracy actually works a treat in this case but they certainly don't know that. With the international market still mostly belonging to imperial powers (and the U.K. at least strengthening their grip, unlike OtL) I expect that so long as no one does something stupid (like cut off the Chinese market or bomb pearl harbour), the Americans are not going to war. Yes this was the case in OTL too but this time a presidency actually said that they wouldn't get involved in European affairs and there's no Anglophile in office pushing the country to abandon their neutrality policy which they've held onto for most of the past century.
I'll be honest, what I expect from the US for the next few years is mild tutting over the waste of money (credit or otherwise), the fact that it might (its never going to get confirmed to the public) have partially gone to Moscow and the whole country to stick firmly out of world affairs unless one of two things happen:
1) Japan choose the same insane plan they chose in OTL and openly attack the US.
2) Some Wall Street 'genius' bet much more than mere money on the credit trading system. Like, either a serious amount of money or enough of various other people's to cause another monetary crisis. Then the government may have to force whoever won in Spain to pay up...probably with a mixture of soft and hard diplomacy rather than force though.
That said the Monarchists are certainly a less united bunch, for all his faults (and crimes) Franco had the political nous to parley the German support into making himself the single strong leader the Nationalists wanted. As no-one, except a very few extreme Carlists, actually want an absolute monarchy there is a void at the top of the Monarchist system and no obvious candidate who can fill it.
That said I remain fairly sure most of the US public won't care, if Alf can finally get the US out of the Depression then all will be forgiven, if he can't he is toast almost regardless of foreign policy.
Idk...I guess we could take a side of cheese with our monarchy and suggest (using Churchill as an ambassador of course) that the current British royal family also are related to the old, old ruling family of spin and thus Spain would certainly really like to be not only ruled by their old royals but he part of a world wide empire again.
Yeah...I'd buy that. Though that might just be the CKII player in me (Unify GB. Conquer Ireland. Conquer Iceland. Go after Spain. A powerful strategy).
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