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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: koan who wrote (96551)4/17/2009 5:01:56 AM
From: mishedlo9 Recommendations  Read Replies (2) of 116555
 
So think about it. What was WWII? No political road blocks to spending huge amounts of money. Enough money to effect super OVER full imployment. Even women worked for the first time in factories. Two income families for the first time.

WWII was an unmitigated disaster.
The US came out of it with flying colors only because our productive capacity was not destroyed. Much of the rest of the world's was. It took decades for many nations to recover.

One cannot look at one country in isolation. One has to look at the entire picture and tie it all together.

You would feel a lot different about WWII if your parents home was destroyed in it and you lost everything and I mean everything.

Mish
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