Uff Da the optimist
Donor
As the title suggests, how would this affect the Euro-American relationship, Europe itself and not to mention the European Community that lies in the future?
Ironically the biggest loser from no aid would be the USA - it was hardly a charity program. Without Europe as a market, the USA would be heading straight back into recession.
Nope. America's trade with Europe in this period was pretty small, given the relative size of the US internal market and the fact that Europeans were living in bombed out ruins.
The point is that without the aid this would stay the case - a revival of European buying power was necessary to keep US sales up after the immediate post-war domestic demand had been satisfied.
Is it? I think you would have to show that European trade was responsible for the economic boom the US had in the 50s, to get me to agree to this.
First, as with all US economic aid, the Marshall Plan came with strings.
Ironically the biggest loser from no aid would be the USA - it was hardly a charity program. Without Europe as a market, the USA would be heading straight back into recession.
I dont understand why no Marshall Aid seems to immediately cause western europe to go commumist. Its not as if Russia was providing any help at all!
The only game in town would be Britain and the Empire; the biggest issue is food - I think the Empire could (just) provide the food.