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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (336)10/4/1998 7:05:00 PM
From: Enigma  Read Replies (1) | Respond to of 2794
 
Ah - I'm always interested in what you say of course. I'm not sure about the Depression post war however. I was about 11 at the end of the war - having returned to the UK from abroad The UK in particular was bleak - as a victor in the war it was bled dry - rationing continued until the early 50s. The UK suffered in a special way because its reserves were drained and it was not the beneficiary of the Marshall Plan cf Germany and France - irony indeed. The cost of so-called Lend Lease was was particularly harsh for Britain - the US claimed a large chunk of its gold reserves and some possessions too.
So the UK was an isolated pocket of deprivation (not talking about the eastern block) - but my impression has been that the post war years were great ones for the US when it finally emerged as the world power and the industrial force of the world. I don't really buy into text book conspiracies - not about this period anyway. E



To: ahhaha who wrote (336)10/4/1998 9:52:00 PM
From: Michael Sphar  Read Replies (1) | Respond to of 2794
 
Actually the part of the world I was growing up in didn't seem all that depressed after WWII. Granted I don't have any memory of the immediate post-war years but by 1950 things were moving along rather well. There was an embryonic electronics industry nearby, a lot of residential growth spurred by war returnees who previously passing through decided the weather was nicer and this place became a growth zone. I believe there was a palpable fear of invasion and fear of an evil darkness that had previously befallen much of the US that was suddenly transformed into peace and hope with the war's end, resulting in among other things a baby boom, including yours truly. People didn't have much material wealth in those days by today's standards but that was status quo not depression. Material wealth is a relatively recent invention. I remember my first cognizance of inflation coming late in the Eisenhower era, with talk of the economic destructiveness of the 2 and 3 percent inflation rate of the time, but that was late 50s.