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<p>[QUOTE="midas1, post: 1120204, member: 21309"]"I should have made it more clear. The money contributed through the Marshall Plan was "refunded" to pay for the war, so the net impact was zero."</p><p><br /></p><p>This is getting tedious. It's incredulous to believe that $1,448,000,000.00 had no effect on </p><p>post WWII Germany's recovery. Do you believe the German economic and manufacturing recovery would</p><p>have done just as well w/o the Marshall Plan's $1.448 billion? Yes, it was paid back as was billions more by Germany. </p><p>Actually, just a few years ago Germany finally paid off it's WWII debt to this country. </p><p><br /></p><p>As for France's recovery or lack thereof we can look to the different cultural factors and cultural discipline among </p><p>other factors. </p><p><br /></p><p>As for "I like Matt T. a lot, but will never rely on him for investment or economic wisdom. If you wish to, that is your right."</p><p><br /></p><p>I never suggested that I rely on him for investment or economic wisdom. I rely on his writing to help keep me informed about</p><p>how Wall St does not work,not for investment advice.</p><p><br /></p><p>As for how the country, Wall St, business, mfg and government pulled together during wartime:</p><p><br /></p><p>On a WWII show on the history channel they stated from inception to sea trials it took thirty days to build a liberty ship or troop ship. Today it would probably take at least two years and cost at least forty times more. Of course most of it would have to built overseas, probably China, then shipped here to be finished.[/QUOTE]</p><p><br /></p>
[QUOTE="midas1, post: 1120204, member: 21309"]"I should have made it more clear. The money contributed through the Marshall Plan was "refunded" to pay for the war, so the net impact was zero." This is getting tedious. It's incredulous to believe that $1,448,000,000.00 had no effect on post WWII Germany's recovery. Do you believe the German economic and manufacturing recovery would have done just as well w/o the Marshall Plan's $1.448 billion? Yes, it was paid back as was billions more by Germany. Actually, just a few years ago Germany finally paid off it's WWII debt to this country. As for France's recovery or lack thereof we can look to the different cultural factors and cultural discipline among other factors. As for "I like Matt T. a lot, but will never rely on him for investment or economic wisdom. If you wish to, that is your right." I never suggested that I rely on him for investment or economic wisdom. I rely on his writing to help keep me informed about how Wall St does not work,not for investment advice. As for how the country, Wall St, business, mfg and government pulled together during wartime: On a WWII show on the history channel they stated from inception to sea trials it took thirty days to build a liberty ship or troop ship. Today it would probably take at least two years and cost at least forty times more. Of course most of it would have to built overseas, probably China, then shipped here to be finished.[/QUOTE]
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