Mr Khan said:
MikeRox said:
JazzB1987 said:
MikeRox said:
ironmanDX said:
Start a war with North Korea, or someone else. War can do wonders to a country's economy.
Just destruction otherwise though. |
It's a myth that war is good for the economy. Wars bankrupt countries. Being able to take advantage of the window of repairation is where economies benefit. See the US after the second World War (UK etc were all near bankrupt from financing that war for 6 years).
Japan's new government is now having a last ditch attempt at going on a mega money printing spree to inject inflation into the economy. It's one of the biggest games we've ever seen with a county's finances as it could well leave them with an uncontrolable debt burder. On the plus side for Japanese companies like Sony and Nintendo it will seriously devalue the Yen meaning they will make far more profit on overseas sales and allow plenty of scope for price drops.
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Ask the US government how much $$$$ they made thanks to WW2. German trucks had FORD motors etc. The US was supplying Germany with material to fight Russia and when Germany was to good at beating Russia they supplied Russia with material so Germans couldn't defeat Russians. It was a smart move in terms of economics but not in terms of humanity.
War is just bad for the country that loses the war for the others its usually just short term loss with long term profit.
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Yes, the US made money SELLING things to countries IN war. Don't forget the US kept out of WWII as much as they could. It wasn't until Japan freaked the US out at Pearl Harbour that they got involved.
As for the country that loses. Britain was near bankrupt from 6 years in WWII.
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War is good for countries that aren't in it, basically, but only if they can maintain a good trading relationship with one or both sides. Protracted war is always bad economically, unless the country was seriously under-employed before the war started (like in the US in World War II)
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australia and new zealand?
