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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Hoa Hao who wrote (94272)2/16/2009 9:29:34 AM
From: Little Joe  Read Replies (1) of 116555
 
The way my parents explained it to me was that as the result of the war nearly everyone was making good money but because of rationing they had nothing to spend it on, so there was a lot of savings and pent up demand. When the war ended the wartime economy was converted to peacetime and the pent up demand drove the economy.

lj
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