Europe has a dollar deficit of around $3.5 billion in 1952. To manage this, economic aid, military purchases, and infrastructure spending are key. When assessing a country's ability to pay off dollar debts, it's not just about their dollar balance but also their indirect dollar earnings. It's more important to see how easily a country can spare dollars for debt payments rather than just looking at the ratio of debt payments to total dollar receipts. The real issue is how much dollar debt a country can handle in the long term.