View Full Version : Have wars held back the Dow Jones?
witnesstheday
07-15-2008, 06:27 AM
The Iraq war kept the prices falsely higher for far less time than the Afghanistan war and the Iran war could theoretically make little or no difference or, worse still, lead to an escalation of energy crises leading to the dow sliding rapidly toward the low 10,000 area and beyond, rather than making any final attempt to survive America's suicidal foreign policy decisions of the last 50 years.
http://www.politicsdebate.co.uk/politics25.html
Is it possible that the USA would be a lot richer today if it had more genuine allies and less ignoble wars.
disrupter
07-15-2008, 06:07 PM
War does destroy assets,
of course there is also a kind of pathological rush to activity that it creates.
I would be inclined to say it distorts the economy & not to our long term benefit either.
Running off on tangents: (apologies)
War can only be sustained with lies for people with rational minds. Irrational people live with twisted minds that automatically lie to themselves.
some kind of civil yet tenacious competition is probably a good thing.
I don't know or not if you can have purely empirical progress. Maybe?
I am pretty sure it must come from inside of people. They must commit to it themselves. Real communism is probably organic & not some artificial, centrally planned thing. Localism is probably integral with any workable socialism/communism.
the trouble with many politicized religions is not that they have/encourage a sense of community, it is that they want to impose some kind of centrally planned system that is reminicent of Stalinism.
I suppose any empiricism of a society or its government must not over burden what can be organically supported by local community.
Corporations that arise in a free market are the first ones who try to rig the market so it is no longer free.
Like the dominant male murdering all his own male offspring.
they don't like honest, fair competition.
they like tyranny.
War allows corporations to hide economic crimes & tyranny under the guise of patriotism or the 'war effort'.
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