theprof00 said:
akuma587 said:
Kasz216 said:
theprof00 said:
Kasz216 said:
akuma587 said:
So the Cold War can justify deficit spending but a humongous economic crisis can't? |
For a lot of people yes.
A full scale Nucleaer war between the US and USSR would of been a lot more disasterous then the current economic crisis.
The fact you can't instantly recognize that is kinda crazy.
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was that a joke?
If we didn't do anything it would be cheaper to print newspapers on dollar bills.
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Actually that's the opposite of what would of happened.
Also. Yes a full scale nuclear war would still be worse then that.
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You also make the assumption that spending more on a war is always an effective way to win that war. That may be true in some cases, but we put a lot of money and manpower into wars like Vietnam and Iraq and have only gotten back questionable results in return. Sometimes spending money on a war just means you spent a lot of money and didn't get shit in return.
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You know what would be almost as bad as nukulur war? If everyone's currency went to shit at the same time. I can't even begin to describe the implications. Militia rule, people freaking out, if a country was perceived as being weakened it could even lead to nukulur attacks because of the lawlessness and chaos.
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If you actually think that would of happened. Though that's something like the people who think Global Warming will lead to half the US being underwater in 50 years.
Not all major banks in the US were in trouble... furthermore there were plenty of banks that aren't major just waiting to step into the role.
For example Wells Fargo was fine... until the government had them by Wachovia by giving them money to buy toxic banks.
