[AR] Re: OT economy booster
- From: Henry Spencer <hspencer@xxxxxxxxxxxxx>
- To: Arocket List <arocket@xxxxxxxxxxxxx>
- Date: Tue, 29 Dec 2015 14:05:10 -0500 (EST)
On Tue, 29 Dec 2015, John Dom wrote:
War is an economy booster. War makes money, jobs ect...
Usually only if you win the war...
Often not even then. The money still has to come from somewhere, and a
government can only extract so much from its citizens before things fall
apart. WW1 devastated Britain's economy, and the beginnings of WW2
finished it off -- Britain was quite literally *bankrupt* at the end of
February 1941. The Lend-Lease Agreement and some other outside help
postponed the problem for the rest of the war, but times were hard in
Britain for years afterward -- food rationing continued until 1954 -- and
it needed several decades to fully recover.
Henry
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