Furthermore, the ‘economic force of the United States’ was ‘so great that no nation at war could withstand its power . . .’52 But, as Lloyd George had been arguing already since the summer of 1916, American loans established not simply Britain’s subordination to Wall Street, but a condition of mutual dependence. The more that Britain borrowed in America and the more it purchased, the harder it would be for Wilson to detach his country from the fate of the Entente.53
