Re:White House Weighs Limits on U.S. Portfolio Flows Into China
by DollarGuru on Saturday September 28, 2019 @06:33AM
(#21099579)
I'm not denying the mutual benefit of the Marshall Plan. Of course it was a great help to Europe in the post war rebuild.
But had Europe not been an opportunity market for US industry then I suspect the Marshall Plan would have never happened or maybe I'm just cynical.
I’m not sure what you expect me to say. I think the academic consensus is, “by a lot.” I think the immediate European reaction was also, “it’s great that we’ve rebuilt our own means of production with generous outside assistance, while retaining ownership and without accruing huge debts.”
I’m a little confused. What was the nefarious aspect of the Marshall Plan? Why was it bad to help Germans rebuild Volkswagen factories, in order that they might trade things Americans want for things that Germans want?