I believe the answer is "British Empire"
In the United State the economy was in the great depression in the 30's. There was a scare and many investors withdrew any investments. Now, we are in great debt to other countries.
The First World War destroyed empires, created numerous new nation-states, encouraged independence movements in Europe’s colonies, forced the United States to become a world power and led directly to Soviet communism and the rise of Hitler. Diplomatic alliances and promises made during the First World War, especially in the Middle East, also came back to haunt Europeans a century later. The balance of power approach to international relations was broken but not shattered. It took the Second World War to bring about sufficient political forces to embark on a revolutionary new approach to inter-state relations.
Answer: they thought it was crazy but were proven wrong.
Explanation: Google can tell you
