[zb]
anorak:
Carryfast:
kr79:
Leyland were using the 680 which become the tl11 in to the 80s so why didn’t they devolp it further.
Maybe because the British ‘investment institutions’,possibly under American pressure,decided to invest the money lent to us as part of the Marshall Aid plan,in foreign banks and industry not ours thereby providing the Dutch with more cash to do the job properly ?.
On that note check out what was going on in my Father’s line of work during at least the immediate post war years.You’ll see the same parallels of a government ( read bankers ) deliberate starvation of product development funding and forcing together of alienated seperate firms being forced to compete for meagre investment funds.As I was told all part of the same ‘behind closed doors dealing’ going on to ‘re pay’ the Americans for the economic damage caused by the Germans.
aerosociety.com/Assets/Docs/Publ … ayward.pdf
Please list the amounts of money lent under the Marshall Plan, by country.
Its well past my , (new), bedtime…
But I really cannot let anoraks valid challenge to dear old carryfast pass without a few points for carryfast to hang his arguments upon…sort of an “aid memoire”
The ERP, (European Recovery Program), commonly known as the Marshall Plan, was launched by US President Harry Truman to aid recovery of the shattered European economies post WW2, (and halt the roll forward of Communist influence in countries severely weakened by the conflict). The architects of the plan were the Brooking Institution, George Kennan, and William Clayton.
A core objective was the removal of barriers to inter European Trade.
The plan was to run, (initially), from 1947/1952.
Initial capital USD13 Billion, (easy to work out a 2016 equivalent value), a lump of cash.
Disposition was made in favour of the “Allies”, although the USSR was offered participation, (which they rejected and launched their own version of the plan for satellite countries, the Molotov Plan.
I will not bore you by listing the 18 recipient countries, but the major three recepients were,
United Kingdom 26% of funds
France 18% of funds
Western Germany 11% of funds
I leave it up to carryfast to look up the rest
At the expiry of the Marshall Plan, the US instigated the Mutual Security Plan, which if I remember correctly ran at circ 7 billion USD per year into the `60s.
Yes, the Marshall Plan had dramatic significance to the recovery of Europe, and its effect is well worth study,) and as ever there are many what if’s and little sidings to speculate about…
Look forward to carryfasts response to anorak`s challenge.
Cheerio for now.