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#1
02-24-2012, 06:35 PM
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Proof: War is Bad for the Economy
War is widely thought to be linked to economic good times.
The second world war is often said to have brought the world out of depression, and war has since enhanced its reputation as a spur to economic growth. Some even suggest that capitalism needs wars, that without them, recession would always lurk on the horizon. Today, we know that this is nonsense. The 1990s boom showed that peace is economically far better than war. The Gulf war of 1991 demonstrated that wars can actually be bad for an economy. Joseph Stiglitz, 2003 read more: Debunking the Myth that War Is Good for the Economy Once and For All
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