They were able to rebuild… because the US funded it.
The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.
That’s about $187B in 2022 dollars. In addition to technology and trade.
… followed shortly after Breton Woods, which secured trade for the rest of the world in exchange for not joining up with the Soviets.
The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.
That’s about $187B in 2022 dollars. In addition to technology and trade.
… followed shortly after Breton Woods, which secured trade for the rest of the world in exchange for not joining up with the Soviets.