Originally Posted by
The Lawspeaker
I have to admit, I don't get it: 10 years after the war, West Germany was our main trading partner and our money was being invested in heavy industry, railways, roads, the first Delta Works, the mines of Limburg, petrochemical works, shipbuilding, the ports of Amsterdam and Rotterdam. In homes and businesses. By 1955, productivity reached 1935 levels and by 1963, wage and price controls could be removed (and the government, underhandedly, brought in migrants to depress wages again). Why is it that Southern Europe didn't do the same thing (minus the migrants) ? They also got American loans and they were only a stones throw away from the Suez Canal and the upcoming markets of Asia. This is 1962 - everything that we still rely on was already there:
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