Launching the Marshall Plan was certainly not as philanthropic as it was presented. The reconstruction aid was first and foremost inspired by the fea… - Jean-Pierre Van Rossem

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Launching the Marshall Plan was certainly not as philanthropic as it was presented. The reconstruction aid was first and foremost inspired by the fear that without it, another war with the Soviet bloc would be inevitable. Moreover, the Americans knew only too well that in Western Europe the reconversion from a war economy to a normal economy was still in full swing, so Europe did have to import massively from the United States, which of course greatly benefited the US trade balance.

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About Jean-Pierre Van Rossem

Jean-Pierre Van Rossem (29 May 1945 – 13 December 2018) was a Belgian stock market guru, economist, econometrician, author, philosopher, public figure, politician, and member of the Belgian and Flemish Parliaments.

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Additional quotes by Jean-Pierre Van Rossem

When the taxman had taxed everything, I was forced to drive a Rolls. It was terrible. Such a raggedy car that broke down every five minutes. I could barely manage 200 kilometres per hour with it. I eventually sold it, because I would rather walk than drive that Rolls.

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