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So, if you've read all that, that covers a lot of the military, some of the political, and some of the economic reasons that Japan declaring war on NK would be a bad idea. |
.....but C+I+G=Y. It's what the modern econony and all the stimulus spending is based on.
Seriously though.. I mostly agree. Though i'd argue that the US economy was improved by WW2, mostly by WW2's unintended consequences.
Due to WW2, people were ratinoning, meat, nylon, steel... pretty much everything.
People found they had nothing to spend their money on. So they sat it into bank accounts and bonds.
Then once the war ended, regular production resumed and after a short dropoff in official GDP due to the drop of government spending, the economy started picking up. People were able to get those rationed foods as much as they wanted, people were able to get all those durable products they've been wanting that they couldn't have before.
Real Demand was released. The pent up savings were put into the market. It wasn't the spending that later boosted the economy, it was the forced austerity during the war.
Once the war ended stock market investment rose as well, as suddenly the compnies that were making tanks and planes were now building cars and refridgerators in a market that had been forced to do without such things for years.
Such a feat now isn't really possible... where people would willingly and in a lot of cases happily give up on stuff they want just for a war. No matter how much the Japanese don't like Koreans.
