Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (96568)	4/17/2009 11:51:25 AM
From: koan	Respond to of 116555

I agree, but it was the combination of production and spending, i.e. people having money to spend. And it was all funded by massive government spending. >> It was more likely productivity growth in WWII that brought the nation out of the malaise of the Great Depression. The baby boom following WWII did the rest. Growth is technically a function of productivity growth and population growth. There were massive productivity advances during WWII. The Manhattan Project is an example of one. The code breaking machines that eventually became the first computers are another. The jet engine is another. The list is endless. Of course, it did help that half the world was destroyed in the war, but the sustained growth was a product of the technological advances made during the war.<<