4 ms·
“The largest recipient of Marshall Plan money was the United Kingdom (receiving about 26% of the total), followed by France (18%) and West Germany (11%).” https
by bboreham 7y ago
“The largest recipient of Marshall Plan money was the United Kingdom (receiving about 26% of the total), followed by France (18%) and West Germany (11%).”
https://en.wikipedia.org/wiki/Marshall_Plan https://en.wikipedia.org/wiki/Marshall_Plan
- jacobush 7y agoToday I learned!
- iguy 7y agoSince others may be curious, what the UK received under the Marshall Plan looks to be about 3x what they paid back under Lend-Lease. (Which in turn was maybe 10% of the cost of what was shipped.)
- bboreham 7y agoYou may like this take (rant?) which describes further loans from US to UK. https://www.bbc.co.uk/history/british/modern/marshall_01.shtml https://www.bbc.co.uk/history/british/modern/marshall_01.sht...
- NeedMoreTea 7y agoInteresting factoids: Marshall plan replaced and thankfully rejected the previous Morgenthau plan - which would have explicitly ruled out any aid to Germany, and actually further destroyed the country. In a fine bit of statesmanship Marshall plan aid was offered to the Soviets, who rejected it. It was offered in fairness, but in the certain knowledge Stalin would refuse. It would never have got through Congress anyway. :)