Although most of the worldwide fincial crisises from 1929 to today have started and were rooted in the US, Europeans were always playing the game too by pumping their customers money to the US in return for the promises of higher profits. Thus it is only fair the Europe takes a fair share of the financial hits. People in Europe should also be reminded that the the US was financing with the Marshall Plan the broken economies in Europe after World War II, although the US was really not to blame for it. This is a good example how all involved parties can benefit from financial support in difficult times.
Why Europe should help the US in the financial crisis
October 12, 2008 · Leave a Comment
Categories: American Life · Banking · European Life
Tagged: Europe, Finance, Help, Marshall Plan, World War II
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