We were invited to a town in France where a family member died in WWII years ago. The local WWII remembrance group hosted us and even researched the exact location where the family member died. It was in a small village nearby. The mayor and leaders took us around the small town and showed us where the battle was and the exact spot where the family member died from a German Tank hit. The mayor was on the verge of tears when talking about the Marshall Plan. He said their village would be completely gone if it hadn’t been for the Marshall Plan. I’m sure there were some shady deals with the Marshall Plan but at least that village was saved. And they were still grateful to the USA 50 years later.
Europe would not have recovered without it. No doubt there were those that profited - there always are. The difference between then and now is that the Marshall Plan had visible lasting results. Europe was in ruins. The grift over the last decades has not. Look at Iraq and Afghanistan. Halliburton was not involved in the Marshall Plan. Also, the Marshall plan started after the war ended and Europe was at peace. This was not the case in the ME and Central Asia. Those were active combat areas with no end in sight - an absolute money pit not to mention the ongoing cost in American lives and the lives of numerous civilians. Billions of dollars spent and nothing to show for it. At least in Europe there is something to show for the effort and those old enough to remember are grateful.
The Marshall Plan (officially the European Recovery Program) was not purely a grant program, but consisted primarily of low-interest loans and in-kind deliveries. From 1948 to 1952, a total of 12.4 billion U.S. dollars flowed to Western Europe, with West Germany—the fourth-largest recipient—receiving approximately 1.5 billion dollars in the form of loans and goods.
Financing and Repayment
Counterpart System: The funds were primarily used to purchase capital goods, mostly from U.S. companies. Local recipients (businesses, governments) purchased these goods and deposited the equivalent amounts in local currency with national trust funds.
Reuse: These counterpart funds did not flow back to the U.S., but were instead reallocated as ERP loans (European Recovery Program) to European companies and governments. This system enabled a cyclical financing process in which repayments of new loans fed into further lending.
Duration: Loan repayments to the U.S. were handled bilaterally; West Germany did not complete repayment of its Marshall Plan loans until 1966.
Historical Legacy
The financing structures that emerged from the Marshall Plan continue to this day. In Germany, the program is carried on by the KfW Bank, which continues to grant low-interest development loans for desirable projects; while the original U.S. funds are no longer directly involved, the principle of low-interest loans has been preserved.
AI-generated response. Please verify the facts.
Thank you. The Marshall Plan was not like the usual grift we have seen in our recent past Halliburton money grabs. I did not know about the lasting effects the Marshall Plan had on the German banking system. I find that very interesting.
I think elements of the Marshall Plan is what Trump is trying to arrange with the Islamic Republic regarding the billions in frozen assets of the IR that the US holds. Trump wants to help the Iranian people, not the IRGC and their proxies. Simply handing them cash like previous administrations will not help the people who are really hurting. As I said earlier, without the Marshall Plan, Europe would not have recovered after the war. We also helped Japan rebuild as well. The US did not want to repeat the mistakes the Europeans made after the first WW that laid the groundwork for WW2.
I’m going to go with YES.
All Wars are Banker’s Wars https://rumble.com/v3oej4a-all-wars-are-banker-wars.html?e9s=src_v1_s%2Csrc_v1_s_o&sci=5dec4385-3c3d-4d7b-9a6a-9daa6f320728
We were invited to a town in France where a family member died in WWII years ago. The local WWII remembrance group hosted us and even researched the exact location where the family member died. It was in a small village nearby. The mayor and leaders took us around the small town and showed us where the battle was and the exact spot where the family member died from a German Tank hit. The mayor was on the verge of tears when talking about the Marshall Plan. He said their village would be completely gone if it hadn’t been for the Marshall Plan. I’m sure there were some shady deals with the Marshall Plan but at least that village was saved. And they were still grateful to the USA 50 years later.
Europe would not have recovered without it. No doubt there were those that profited - there always are. The difference between then and now is that the Marshall Plan had visible lasting results. Europe was in ruins. The grift over the last decades has not. Look at Iraq and Afghanistan. Halliburton was not involved in the Marshall Plan. Also, the Marshall plan started after the war ended and Europe was at peace. This was not the case in the ME and Central Asia. Those were active combat areas with no end in sight - an absolute money pit not to mention the ongoing cost in American lives and the lives of numerous civilians. Billions of dollars spent and nothing to show for it. At least in Europe there is something to show for the effort and those old enough to remember are grateful.
German Brave translatedt:
The Marshall Plan (officially the European Recovery Program) was not purely a grant program, but consisted primarily of low-interest loans and in-kind deliveries. From 1948 to 1952, a total of 12.4 billion U.S. dollars flowed to Western Europe, with West Germany—the fourth-largest recipient—receiving approximately 1.5 billion dollars in the form of loans and goods. Financing and Repayment Counterpart System: The funds were primarily used to purchase capital goods, mostly from U.S. companies. Local recipients (businesses, governments) purchased these goods and deposited the equivalent amounts in local currency with national trust funds. Reuse: These counterpart funds did not flow back to the U.S., but were instead reallocated as ERP loans (European Recovery Program) to European companies and governments. This system enabled a cyclical financing process in which repayments of new loans fed into further lending. Duration: Loan repayments to the U.S. were handled bilaterally; West Germany did not complete repayment of its Marshall Plan loans until 1966. Historical Legacy The financing structures that emerged from the Marshall Plan continue to this day. In Germany, the program is carried on by the KfW Bank, which continues to grant low-interest development loans for desirable projects; while the original U.S. funds are no longer directly involved, the principle of low-interest loans has been preserved. AI-generated response. Please verify the facts.
Thank you. The Marshall Plan was not like the usual grift we have seen in our recent past Halliburton money grabs. I did not know about the lasting effects the Marshall Plan had on the German banking system. I find that very interesting.
I think elements of the Marshall Plan is what Trump is trying to arrange with the Islamic Republic regarding the billions in frozen assets of the IR that the US holds. Trump wants to help the Iranian people, not the IRGC and their proxies. Simply handing them cash like previous administrations will not help the people who are really hurting. As I said earlier, without the Marshall Plan, Europe would not have recovered after the war. We also helped Japan rebuild as well. The US did not want to repeat the mistakes the Europeans made after the first WW that laid the groundwork for WW2.
More sauce
https://www.archives.gov/milestone-documents/marshall-plan
Europe got 137 shipping containers of cash, each containing 10 pallets of 100 dollar bills.
That's 19 times more money. Minimum.
2600 shipping containers of cash, each containing 10 pallets of 100 dollar bills.
That's a half a cargo ship full of cash.
Trains loads of cash.
I wonder how much made it there?
My guess is about tree fiddy.
For perspective...
Yankee Stadium cost 2.3 shipping containers.
Are there 1000 Yankee Stadiums somewhere in Africa?