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Why USA hope a big war will be their escape from debt

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#1 grog

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Posted 06 October 2018 - 10:54 AM

Why USA hope a big war will be their escape from debt
 
 
 
 
 
October 6, 2018 
 
 
 
 
 
Their national debt is now dangerously out of control and American politicians can't handle it.
 
The last time the American economy was in big trouble was 1929.
 
The American Great Depression only ended because of the Second World War. 
 
THE "NEW DEAL" OF PRESIDENT ROOSEVELT BROUGHT NO RELIEF.
 
American economic demand rose spectacularly when WW2 started in Europe.
 
WW2 allowed American industry to produce unlimited amounts of war equipment. 
 
Between 1940 and 1945 the American state spent no less than 185 billion dollars on war equipment.
 
Their military expenditure rose between 1939 and 1945 from 1.5 per cent of GNP to approximately 40 per cent of GNP.  
 
American industry also supplied gargantuan amounts of equipment to the British and the Soviets via Lend-Lease.
 
In Germany the subsidiaries of American corporations, such as Ford, GM, and ITT, produced planes, tanks and other military supplies and equipment for the Nazi state.
 
The key problem of the Great Depression was the disequilibrium between supply and demand.
 
This problem was resolved because the American state created economic demand with huge military orders.
 
THEY THINK ANOTHER BIG WAR WILL GET THEM OUT OF ECONOMIC TROUBLE LIKE WW2 DID. 
 
 
 
 

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#2 grog

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Posted 06 October 2018 - 12:56 PM

USA does not have the world's biggest economy. 
 
What USA has, is the world's biggest consumption. 
 
That huge consumption is on credit. 
 

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#3 Ivan88

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Posted 06 October 2018 - 08:54 PM

From 1930 to 1940, population of USA went down 7 million people.

And for this time frame, USA could not house or feed a large portion of it's population

But suddenly after declaring war on Japan & Germany, USA had capacity to build thousands of ships, planes, tanks, bombs, bullets, boots, shirts, pants, machinery,, many many tons of food and transport it all across thousands of miles of ocean and destroy it all on war.

 

USA could have stopped the Federal Reserve caused depression in 1929, but chose to starve the population.

 

Ever since this chain of events, the politicians have told the stupid USA population that yet another Armageddon brought prosperity to America.


Edited by Ivan88, 06 October 2018 - 08:59 PM.

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#4 grog

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Posted 07 October 2018 - 10:59 AM

From 1930 to 1940, population of USA went down 7 million people.

And for this time frame, USA could not house or feed a large portion of it's population

But suddenly after declaring war on Japan & Germany, USA had capacity to build thousands of ships, planes, tanks, bombs, bullets, boots, shirts, pants, machinery,, many many tons of food and transport it all across thousands of miles of ocean and destroy it all on war.

 

USA could have stopped the Federal Reserve caused depression in 1929, but chose to starve the population.

 

Ever since this chain of events, the politicians have told the stupid USA population that yet another Armageddon brought prosperity to America.

 

 
It was all done on credit. 
 
USA lives on debt. 

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#5 Hellboy

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Posted 07 October 2018 - 01:46 PM

USA = the .1% stinking rich evil

 

USA = the top 10% wealthy, living good, life is amazing

 

USA = the middle 50% - working hard, debt, ruining their health, struggling

 

USA = the bottom 40% - poor. Really poor in every way. eating crap. no hope.

 

And what is funny - really really funny - the top .1% are always planning to steal from the lower 90%,

while the top 10% help them do it.

 

Wow.

 

..


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#6 grog

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Posted 07 October 2018 - 03:00 PM

USA = the .1% stinking rich evil

 

USA = the top 10% wealthy, living good, life is amazing

 

USA = the middle 50% - working hard, debt, ruining their health, struggling

 

USA = the bottom 40% - poor. Really poor in every way. eating crap. no hope.

 

And what is funny - really really funny - the top .1% are always planning to steal from the lower 90%,

while the top 10% help them do it.

 

Wow.

 

..

 

 
The bottom 70% Of Americans are living on credit. 
 
All this credit is making their national situation worse. 

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#7 Falcon9h

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Posted 08 October 2018 - 08:50 AM

You all are right, but with the left being so unglued over Trump and Kavanagh we'll get consumed by Civil War II to keep us occupied.
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#8 grog

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Posted 07 February 2019 - 09:51 AM

 
 
 
 
 
 
 
 
 

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