Alliedassault - View Single Post - Nobel Prize Economist says war is bad for the economy

c312 · 04-06-2006, 04:34 PM

No, I won't offer a rebuttal because I think he's right in this case, but we've seen wars do good things for economies in the past. I think a limited war such as the one we are currently engaged in, without having manufacturing going to any extraordinary length can't be good for the economy.

Also, I agree with Stiglitz about his views on loan corporations and indebted countries to a point, he does have some good stuff to say.

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c312 is Offline Command Sergeant Major Posts: 2,769 Join Date: Jul 2005 Location: Virginia	04-06-2006, 04:34 PM No, I won't offer a rebuttal because I think he's right in this case, but we've seen wars do good things for economies in the past. I think a limited war such as the one we are currently engaged in, without having manufacturing going to any extraordinary length can't be good for the economy. Also, I agree with Stiglitz about his views on loan corporations and indebted countries to a point, he does have some good stuff to say.