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>All empirical evidence from history Bold claim. Economic issues after WW1 helped give rise to nationalism and led to WW2. This is why the marshall plan was s
by aaronblohowiak 7y ago
>All empirical evidence from history
Bold claim.
Economic issues after WW1 helped give rise to nationalism and led to WW2. This is why the marshall plan was so important after WW2. Similar countries experienced post-WW2 economic crisis, but few prospered as much as Germany.
To use your reasoning, many countries should be as prosperous as Germany (like, say Argentina - hyperinflation and economic crisis followed by economic restructuring..)
While rebuilding is a very human endeavor, it can take decades or generations. We need to have creative destruction in the economy, we do not need economic depression to do that (other ways to deleverage..)
- chii 7y ago> helped give rise to nationalism non-sequitur point. The germany economy was able to be developed to a point where they became a military threat. Nationalism or not, if you just consider economic recovery, it disproves the fact that damage to the economy can ever be permanent. People are going to find ways to live, and in doing so, produce goods and services, and become increasingly efficient.