Well, the financial crash of 1929, while resulting in some good financial regulations being enacted, also created such levels of misery and want that people end

Well, the financial crash of 1929, while resulting in some good financial regulations being enacted, also created such levels of misery and want that people ended up thinking it to be a good idea to engage in the deadliest conflict in the history of mankind. Those who survived were left scarred for the rest of their lives. I think we should be wary of trying something like that again.