I read on twitter following:
"We don't realize how badly Nehru/Indira ran India, After WW2, USA gave $13 billion to Europe, $10 billion to India, Germany had been bombed to dust in WW2,
By 1960s, they were giving aid to India, In 1974, after 27 yrs of Cong rule, India still begging US, UK & Canada for food"
(Abhishek @AbhishBanerj, Jun 26)
I have witnessed how socialism inflicted upon Indian poor and middle-class untold misery for almost 50 years since independence but I have a problem with Germany's wealth by 1960s...
Read a small para from David de Jong's recent bestseller book "Nazi Billionaires: The Dark History of Germany’s Wealthiest Dynasties":
"...But this book isn’t just about the sins of Germany’s titans of industry and finance. Here too is the story of how, after the war, it fell to the victorious Allies to decide the fate of these Nazi profiteers. But for the sake of political expediency, and for fear of the looming threat of Communism, the United States and the United Kingdom quietly handed most of these tycoons back over to Germany, which in turn allowed most of the guilty moguls to walk free, with little more than a slap on the wrist. In the decades that followed, the western part of a divided Germany developed one of the world’s most prosperous economies, and those same Nazi businessmen amassed billions of dollars, joining the ranks of the world’s wealthiest tycoons. All the while they kept silent, or outright lied, about their ties to genocide.
As of today, a small few of these men’s heirs have truly reckoned with the family past. Others still refuse to do so, with little negative effect. ..."
If Germany's money had been taken away from them by the allies at the end of WWII, Germany too might be asking for money just like India in 1960s...I am not alone in such thinking...
Evan Thomas, 'Road to Surrender: Three Men and the Countdown to the End of World War II", 2023:
"...When Treasury secretary Henry Morgenthau recommended that Germany be “pastoralized”—its industry plowed under—Stimson vigorously protested, not just because it would weaken postwar Europe’s recovery but because Germany might become a wasteland of starving peasants. In his diary, he noted that “it is very singular that I, the man who had charge of the Department which did all the killing in the war, should be the only one to have any mercy for that other side.” ..."
Threat of communism kept Germany wealthy, no wonder the current German leadership is doing the bidding of the allies by making threats to Russia because of their war with Ukraine....
I never believed for one second that the country responsible for tens of millions of deaths across the world just 75+ years ago has bounced back so much and so hard without using illegitimate resources.
