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One interesting comparison would be the after-WWII order. There was basically one industrial power standing with minimal ground damage. Much of the post-WWII
by hakfoo 5y ago
One interesting comparison would be the after-WWII order. There was basically one industrial power standing with minimal ground damage. Much of the post-WWII economic boom can be traced to this opportunity.
I'm surprised we haven't seen the Coronavirus vaccination program framed in the same way. The countries that vaccinate fast and completely can get back to work quickly, while their competitors may spend months or years trying to get back up to speed.
- raxxorrax 5y agoI don't think this is how it works and there won't be a correlation. My country got completely bombed in WW2 and it gave way to an immense economic rise. Sure, helped by animosity of the cold war. But looking into the motivation behind that rise might give insight in what is really important for economic success. Something central bank policies undermine.