Recently,experts,economists and analysts argue that usa economy is dependent on war away from us mainland for flourishing their econoy and for bailout during economy recession like that of the great depression in 1929 and before ww1.So they now wonder where us will wage the next war to bailout their economy now that is experiencing quakes.Whats your view?Is it true or false?
Waging war allows the government to increase spending, which stimulates the economy. The defense and related companies benefit, and so do the banks.
Because the US is in so much debt, war, at least a big war, may destroy the value of the dollar. It will be risky to use war to get us out of recession, although there is no industry coming on board and Obama is only bailing out failed banks instead of the consumer who does the spending.
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