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Strategies & Market Trends : Asia Forum
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To: Liatris Spicata who wrote (8078)2/24/1999 8:42:00 AM
From: Zeev Hed   of 9980
 
Larry, I do not have the numbers to back up the following, but I believe the debt incurred in financing the Marshall plan is a very small portion of our total current debt. Our debt spiral started when we decided to have "war and butter" during the Vietnam era. Of course we went into real Gog Umagog in the early 80', but that is another story. The increased economic activity here due partially to the Marshall plan helped alleviate a potential deep post war recession, IMHO.

Zeev
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