Originally Posted by R. Daneel Olivaw
Let's face it the WWII based analysis of economics is silly.
The war involved massive amount of government spending and controls on the economy. Tax and debt structures changed radically at the beginning and end. It ended with a huge backlog of demand for consumer products, higher household savings due to years of not being able to buy anything, and basically zero international competition.
Anybody see that combination hitting anytime soon?
Yep we will have the next great war.
We've had 2 previous banking collapses and 2 world wars.
So banking collapse 3 just happened, ww3 is not too far off.