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pampango

(24,692 posts)

14. Marshall Plan II?

Reply to dkf (Original post)

Mon Jun 11, 2012, 08:55 PM

Jun 2012

During the four years that the plan was operational, US $13 billion in economic and technical assistance was given to help the recovery of the European countries that had joined in the Organization for European Economic Co-operation. This $13 billion was in the context of a U.S. GDP of $258 billion in 1948, and was on top of $13 billion in American aid to Europe between the end of the war and the start of the Plan that is counted separately from the Marshall Plan.

http://en.wikipedia.org/wiki/Marshall_Plan

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Highlight:

CNN's Erin Burnett discussed potential $6 trillion US bailout of Europe. [View all] dkf Jun 2012 OP

That'll calm the markets down for what, two weeks? bluestateguy Jun 2012 #1

No big deal.. kentuck Jun 2012 #2

Why are we going to bail out Europe? MadHound Jun 2012 #3

WTF are we going to use to bail Europe out, we don't have any money! teddy51 Jun 2012 #4

What's that? I can't hear your over the noise of the printing press.... think Jun 2012 #6

This message was self-deleted by its author devilgrrl Jun 2012 #8

Just say no. sufrommich Jun 2012 #5

Well, Erin is officially gone full bore NUTCASE then banned from Kos Jun 2012 #7

Everybody in Europe gets a wheelbarrow full of money... kentuck Jun 2012 #9

It's not bailing out Europe, it's bailing out their and our bankers. snot Jun 2012 #10

Yep. The Banks Get Bailed Out. Yavin4 Jun 2012 #13

You should really stop listening to Erin Burnett. girl gone mad Jun 2012 #11

The Left and Right in the USA would revolt in the streets jpbollma Jun 2012 #12

Yes I'm not sure she didn't throw that out just as a gimmick...it certainly made my ears perk up. dkf Jun 2012 #16

Marshall Plan II? pampango Jun 2012 #14

The Marshall Plan was designed to counteract a global DOLLAR shortage... girl gone mad Jun 2012 #15

Burnett began her career as a financial analyst for Goldman Sachs GeorgeGist Jun 2012 #17