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Thursday, 25 August 2016

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The Italians are so broke they can't pay attention! An ItalExit...sorry, best I can come up with, would be abject chaos. Britain can pull off a bit of chaos and look good doing it. With Italy, watch 'dem banks.

Ah, the Fwench. What a bunch of ingrates they are.

After rescuing them from the Nazis, and subsequently granting them (along with the rest of Western Europe) the Marshall Plan, arguably the greatest bit of largesse in history, they chose a pompous prick like de Gaulle to flatter themselves as the vainglorious Fifth Republic.

Careful there TheBigHenry. Our David's abit tetchy where the Plan is concerned. Something about interest payments, food parcels, and Piers Morgan.

No, JK, I am not "tetchy" about the plan, I am only keen to point out that everything the cousins 'gave' us had to be paid back and with a substantial 'vig' as well!

Well, I was not privy to the details of the Plan arrangements and agreements. Nevertheless, am I right in assuming this loan was not forced upon Britain? At the time of the Marshall Plan, the United States was not exactly overflowing with ready cash either (other than an army of printers working overtime).

The phrase "Never Again" is attributed to the Jewish Defence League and arises from the resolve never to again allow a repeat of the holocaust. I doubt the French now have the resolve of the Israelis to live up to such a motto.

AussieD,

You are correct in your attribution for "Never Again". It is also the resolve of Israeli Jews (and other Jews, such as myself, who survived the Holocaust and who support Israel's resolve). If I end up being marched to the gas chambers, I will find a way to take some motherfuckers with me.

Henry, I confess my lack of detailed knowledge concerning the Marshall Plan which I may be confusing with direct loans and sale of war materials to Britain during the war which had to be paid for. Nothing wrong in that but it is frequently forgotten by many of the 'cousins'. In fact, I seem to recall that the final repayment of American war loans was made only a year or so ago.

Also, it is interesting that the likes of Erhard and other 'Austrian School' economists were very critical of the Marshall Plan which they maintained only led to more state control.

A complex subject and I must try and dig deeper.

TBH it would seem we share a faith.

Kol tuv

AussieD,

All the best to you, too.

David,

I am by no means an expert on the very complex economic characteristics of the Marshall Plan, which BTW was enacted after WWII ended (in 1948), so it was not part of any "direct loans and sale of war materials to Britain during the war which had to be paid for." As Wikipedia describes it, the Plan was "an American initiative to aid Western Europe, in which the United States gave over $12 billion (approximately $120 billion in current dollar value as of June 2016) in economic support to help rebuild Western European economies after the end of World War II."

I was a 6-year-old refugee, living with my parents in various Displaced Persons Camps of the American Occupation Zone in West Germany at the time of the Plan's enactment (1948). We were waiting our turn to emigrate to the United States, which blessed event occurred in 1949. As you can surmise, I hold a very favorable opinion of the United States (we became naturalized citizens in 1955). America is a nation of good guys, as opposed to some nations of swine, such as Nazi Germany.

Don't tell me I have a Jewish cabal forming on this blog - mein Gott, what will the Fuehrer say?!

David,

Stalin's minions brought Hitler's jawbone to the Kremlin, where it remained in Stalin's trophy case. I doubt the Fuehrer will be saying anything at this point in time.

And we are not a cabal -- just a couple of guys enjoying the chitchat at Duff & Nonsense.

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