4 ms·
America profited barely at all ( by law, war profiteering was like a ... firing squad offense, okay not quite but... ) - we'd run more debt than anyone thought
by ArkyBeagle 10y ago
America profited barely at all ( by law, war profiteering was like a ... firing squad offense, okay not quite but... ) - we'd run more debt than anyone thought possible at the time, consumer demand had been suppressed since 1929 and the thing just exploded. Eventually. After 1949-1950.
The critical thing is all that debt and industrial capacity, presented with the prostrate markets of the world.