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It's mostly oil price shock, combined with coming off the gold standard, caused by huge US deficits (Vietnam, Apollo, 'Great Society'). But hey, you did have a
by mikhailfranco 3y ago
It's mostly oil price shock, combined with coming off the gold standard, caused by huge US deficits (Vietnam, Apollo, 'Great Society').
But hey, you did have a Nazi invasion, which is not a good thing. I assume it took some time to recover.