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Stephen Jenkins
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Comments by "Stephen Jenkins" (@stephenjenkins7971) on "Why Germany’s Economy is in Trouble" video.
Germany bounced back in WW1 due to US loans and eventually collapsed due to the Great Depression only to rise again via pure military industry. After WW2 it was purely the US that elevated the country via the Marshall Plan and US/UK protection. For all intents and purposes, those two instances were due to external factors or due to a very negative growth based on conquest. Germany was unable to do it on its own.
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@WohnzimmerIQ Idk why that changes anything. Germany collapsed into financial ruin not because of the Great Depression, but because the generous loans the US gave to Germany dried out. And the Great Depression was only so bad for the world because the US economy was so dominant. Every country goes through such crashes, the US' just happen to be global. So again, my point stands; Germany needed external help to get back up again.
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@tilli1514 There is pretty much no serious scholars that unironically claim what you just claimed. The only one downplaying anything is you, my guy. Eastern Europe took decades longer to recover compared to those in the West with the West being smoldering ruins; you think that it did it by itself? Especially Germany? The sheer nationalistic hubris of that idea is insanity.
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@tilli1514 Dude. No. I ain't going that far, and neither should you. This platform makes sending links and sources near impossible anyway.
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@Hannah G I won't deny that the prior prosperity and economic system helped a bunch. But none of that matters without capital in a destroyed country. The influx of capital is what Kickstart those gears far faster and harder than they should; especially since those markets could've been dominated by US industry while suppressing Western European industry.
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@Tilli Nobody substantial, no. Your language is no different from flat-earthers who use the weasel words of "plenty of scholars". I never discounted other factors, I just plainly noted the absolute biggest when talking about "bouncing back". Germany may have emerged again as a big economy, but it would've taken generations without the capital provided by the Marshall Plan. And nowhere near as wealthy today if they weren't subsidized by the US taxpayer to compete against US industries.
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@jeffjohnson2792 Considering the circumstances, the government basically had no choice but to spend. OR are you saying that inflation is worse than millions of Americans falling under poverty?
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Germany has no more a knack of "succeeding" than any other wealthy nation, tbh.
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@ja_u 1) Every respected historian is laughing at your claim. 2) US MIC barely contributes a fraction of the US economy; the movie industry is way bigger and Germany's military industry literally was the entire German economy in WW2. 3) Soviets did steal a lot of German industry, but East Germany was also the then-industrial heartland of all of Germany barring the Rhineland and by every metric should've skyrocketed higher than the West. 4) Idk what you're even talking about in your last paragraph. Marshall Plan was 100% a free handout and critical for German revival. Accept it or not, Germany required the US to revive each and every time so it was hardly just Germany by itself that rose from the ashes. And that's fine; that's not something to be ashamed about. Everything else you mentioned is a separate conversation. TLDR; grow up.
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