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Old 03-28-2011, 10:15 PM
ranchhand ranchhand is offline
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Quote:
Originally Posted by armor fiend View Post
That hasn't ben true since Vietnam. The U.S. has been on a permanent war footing since Korea, so additional expenditures actually are a drag on the economy.
Not if you are making the bullets (or planes, bombs, tanks, etc)
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Old 03-28-2011, 11:14 PM
SgtShultz SgtShultz is offline
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The sharemarket took off when America declared war on the Afgani's then declined when they decided to pull out - then crashed further when the great drepression happened. Sometimes war bring optimism to investors because they know output must increase.
That's my theory - we can wait and see and then you can poke me in the eye if I'm wrong
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