Let’s face it: $20 trillion is a lot of money.
One would expect a big bang to follow the spending of 20,000 billion dollars. It’s a lot of money! In fact, it’s pretty much the total present value of America’s GDP.
The American economy sent trillions to our south and east — putting America second, hollowing out the American middle class, and neutralizing the American dream.
This is the total amount spent globally — largely by Europe and the United States — in a coordinated effort by the developed world to decarbonize the global economy. China, in contrast, sold windmills and solar panels worldwide while opening a new coal-fired power plant every month.
What was the net effect of this “Green” Marshall Plan? Hydrocarbon consumption continued to increase anyway.
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