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The outcome of the battle was a strategic victory for the Allies—the German tonnage war failed—but at great cost: 3,500 merchant ships and 175 warships were sunk in the Atlantic for the loss of 783 U-boats and 47 German surface warships, including 4 battleships (Bismarck, Scharnhorst, Gneisenau, and Tirpitz), 9 cruisers, 7 raiders, and 27 ...
The Atlantic campaign was a tonnage war; the UBW needed to sink ships faster than they could be replaced to win, and needed to build more U-boats than were lost in order not to lose. Before May 1943, the UBW was not winning; even in their worst months, the majority of convoys arrived without being attacked, while even in those that were ...
In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output.
The 1900s saw the Great Depression and the real estate bubble in Japan. Indeed, as you can see, our housing bubble of the last decade was only the most recent of such occurrences throughout history.
The Great Recession–aka The 2008 Financial Crisis. December 2007. June 2009. 1 year, 6 months. The Early ’80’s Recession. July 1981. ... Deadly winter storm slams mid-Atlantic, Appalachians ...
An HX series had run in the Atlantic Campaign of the First World War in 1917 and 1918. [2] HX convoys were revived in 1939 at the beginning of the Battle of the Atlantic and were run until the end, the longest continuous series of the war.
The Great Recession–aka The 2008 Financial Crisis. December 2007. June 2009. 1 year, 6 months. The Early ’80s Recession. July 1981. November 1982. 1 year, 4 months. The Mid-’70s Recession.
The battle was undoubtedly a success for the Germans. However, they had failed to interrupt the North Atlantic convoy route to any extent; 68 ships (two-thirds of those involved) made a safe and timely arrival, and the 38 ships of HX 229A, which had been detached at New York to cross separately, arrived unscathed.