WW ⅰ impacted European economical hegemony in a disastrous way. After the war, Europe ( Germany, in particular) was much financially dependent upon America. Complex postwar issues of war debt and damage issues interwove together. 一战对欧洲经济霸权的严重冲击、战后欧洲(尤其是德国)对美国严重的财政依赖、战后错综复杂的战债和赔偿问题交织在一起,恶化了20年代国际金融机制。