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WW2 pulled many countries including Australia out of depression,...

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jetrodder

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26/01/21

14:49

Post #: 50448614
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Originally posted by AverageJoe: ↑

The current climate change discussions globally has just found a new friend, Biden. EV is real as im seeing them on the roads. Oil is an energy of the past and if you believe what Dr. Forrest intimates, the oil lobby will put up resistance but a futile one.

Personally, I think our economies are too intertwined globally with the descending superpowers of Russia and China to risk WW3. I think of the current conditions like how I grew up with the ever present USSR, proxy wars but this time there are 3 players.

War is only good for US when they really need a good economic stimulus. Money printing suffice until their reserve ccy is threatened.

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WW2 pulled many countries including Australia out of depression, not only America. War, the greatest Keynesian economic pump primer there is.
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