Quote:
Originally Posted by Resolute 14
If there is one thing that war is not known for causing, it is recession. Debt and loss of life? Yes. Recession? No.
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Post war, morale, government cutbacks due to wasted money, etc. It's not the boon one thinks it might be. Additionally it's not the industrial catalyst it was in WWI and WW2.
Even if it was Peace > Marginal Economic stimulas for war (not that you were suggesting otherwise).
Additionally the opportunity cost of capital/resources including life.