pcr presents some evidence about how the empire rose during wwtwo as a result of taking a lot from the brits to provide them war material;

More Evidence the US Fought WWII Against Great Britain

Paul Craig Roberts

Yesterday (March 8, 2021) I reported that my conclusion from David Irving’s two volume Churchill’s War (a third volume is expected) is that Washington fought World War II against the British. Confirmation of this is provided by Michael Hudson’s book, Super Imperialism: The Economic Strategy of American Empire, whose expanded 50th-anniversary edition is to be published this May.

In the fifth chapter, “Lendlease, the British Loan and Fracturing of the British Empire, 1941-45,” Hudson shows that British desperation for financial means with which to conduct war was taken advantage of by Washington in order to destroy the British Empire.  

“Treasury Secretary Henry Morgenthau Jr. and his staff negotiated with Britain the terms on which America would provide support. Their aim was to help Britain against Germany, but not help it recover its position as world banker, for it was seen not only as a friendly belligerent in need of arms credit but as a potential rival.  The U.S. negotiators were single-minded and unyielding.”  The aim was “American financial hegemony.” One of the steps taken was to strip Britain of her overseas investment holdings of its large companies. Britain had to nationalize the private companies and put them up for sale abroad.

“To U.S. officials, what was being decided were the terms for just how the dollar would end up replacing sterling as the world’s leading currency. When Britain’s negotiator Frederick Phillips reached Washington in December 1940, he found that Morgenthau “insisted that the British should turn their pockets ‘inside out’ and give him full details of their assets in the United States and Latin America, and what they were willing to take for them.” Morgenthau “started putting pressure on the British to sell off their big American companies – Shell Oil, Lever Brothers and Brown & Williamson Tobacco,” and on January 28, 1941, promised the Senate Foreign Relations Committee: “If Lord and Lady Astor own real estate in New York their assets will be on the auction block with the rest.” The assets that Roosevelt’s officials had been unable to get the British government to requisition from its citizens and sell off to U.S. buyers to settle its World War I debts now would be sold to pay for arming itself and fighting World War II............read more.....