WWII

stevez_86

He is ending the trade hegemony that has existed and expanded since WWII. [Link to Interview where the Tariff War is explained](https://www.wbur.org/hereandnow/2025/08/01/tariffs-worldwide-trade)

NoCommonDog

I was reading a book about central banks in the interval between WWI and WWII. They describe how the French central bank kept its physical gold in London in the same vault as the British central bank. When gold changed hands they moved it from one side of the room to the other with a little white note affixed. There was a dire fiscal crisis: the depression the British pound was pegged too high on the gold standard , riots, deaths, protests, governments falling in 1930s all of it contributed to the rise of AH in Germany. Because some gold bars were on one side of the room rather than the other.

Rosenant

This desperate bond buy back has only happened once before in US history. In the early 1950s to finance the Korean War while still paying off the huge debt from WWII. It has always been considered too fiscally irresponsible to be seriously considered before and since.

Independent-Tree-985

o.o after WWII and before nam

option-trader

Yep, I think that's goal for Japan. They probably looked at UK after WWII and want the same thing.

OmahaOutdoor71

"Do you think that the markets should decide US foreign policy?" - No. "Should we have stayed out of WWII to keep the market happy?" - No. I did not state either of these things no imply them. My comment was in reference to Trump enriching himself at the expense of Americans. He is clearly doing insider trading and making himself richer by his inside knowledge of what will happen from his decisions. Example: Buying Boeing stock right before giving a massive contract to Boeing. 2nd example: His sons being on the board of a drone company and that company getting massive contracts from the military which shot the stock up insane amounts.

ifeellazy

Divorced from Trump, who I don't support, I don't see how he or any other president should weigh the market in deciding what is right to do for the US. Do you think that the markets should decide US foreign policy? Should we have stayed out of WWII to keep the market happy?

SteakEater137

# Trump says U.S. growth could hit 20%. It’s happened only once since WWII Per CNBC ...I dont now what the fuck is wrong with news channels treating these insane offhand comments with any sort of seriousness lmao

orcassharks

**World War I:** The Fed kept preferential financing available for Treasury debt and postponed serious tightening. The major tightening came in **1920, after the war**, when the discount rate jumped to 6%. [Federal Reserve monetary history](https://fraser.stlouisfed.org/files/docs/meltzer/craint89.pdf)⁠ **World War II:** Rates were explicitly pegged—0.375% on bills and 2.5% on long bonds. Inflation was addressed with rationing, taxes, price controls and credit restrictions rather than rate hikes. **Korean War:** The government initially insisted on preserving the WWII peg despite explosive inflation. That dispute ultimately produced the 1951 Treasury–Fed Accord

iSoLost

Attack China like in WWII, kill and loot millions

PoorManWalkin236

Oh ok, how about funding most of the UN’s massive debt for literally decades while other countries pitched in penny’s. Policing the world’s oceans with our military since WWII. Keeping bases all over the world as a deterrent. Funding research, training, and aid literally all over the world. The list goes on. The American tax payer keeps the world alive brother.

Federal-Watch

Now my date cancelled :cry: guess I’ll go watch WWII with Tom Hanks :happy: What? I can like history… sue me :screech:

MixtureSpecial8951

Cities tend to reflect the mobility of their inhabitants. When we examine ancient cities we find a few key attributes: 1. It is safer to live within defensive walls than without. 2. Streets, alleys and walkways are generally built with the primary mode of transportation, feet, in mind. As agriculture spread and crop yields improved we find that (some) streets widened to allow for the more efficient transport of goods now that horses and other work animals could be better sustained. However, walking remained the primary mode of transport and so cities & towns reflected that reality. Homes, business, churches and civic buildings were much more densely packed and smaller. Constantinople, btw, was something of an outlier given that its defensive walls encompassed significant farmland as well, but I digress. However, through the centuries a common dream & goal has persisted; to escape the smells, crowding and business of cities. Wealthy Roman families built villas in the countryside as did French nobles, etc. Japanese and Chinese nobility would do the same, though occasionally they chose to enclose their quiet spaces for defensive purposes. The end of the advantage of walled cities saw cities (because gunpowder), particularly in North America, begun to sprawl. Even so, walking remained the primary mode of transport. So while settlements were not quite so dense, they remained dense all the same. Crowded, with gutters full of human waste and streets filled with animal waste. Water supply was iffy and outbreaks of cholera were commonplace into the early 1900s. Enter the industrial age: the ability to lay iron rail and to pull cars along it with horses led to expansion of the cities. A man could take the trolley to work some distance away. A large factory could be built and workers would find their way to work. Electrification hastened sprawl. Powered trolleys were even better than the horse drawn ones. No more animal waste! The wealthy built their country estates, such as in Newport, RI (in the US) or anywhere it was relatively convenient to travel and away from the hustle, bustle, crowding and smell of the cities. The burgeoning middle classes could move out too, not quite so far, it they could enjoy cleaner air, less crowded conditions and even new amenities such as clean water and underground sewer systems. Enter the automobile. This jump started the movement away from crowded centers, no pun intended. Distances became longer. Workers had to travel farther, shoppers could & would & had to travel further and further. But it wasn’t until WWII ending that things really went bunkers. There was enormous pent up consumer demand for automobiles as a result of wartime rationing. Additionally, the Big Three collectively decided to purchase and then shut down just about *all* of the trolley companies in the US. At once. Shutting the trolleys down meant workers needed to find other ways to work. Hey, we have this beautiful new car we can sell you! The interstate highway system (in the US) further hastened urban sprawl. Suddenly, if you had the money you could escape crowded cities, breathe fresh air, feel grass between your toes, relax in the shade of your own tree. Subdivisions appeared, markets were separated not by dozens of yards but miles of road filled with speeding hunks of iron. Plus, with all that room you could actually find a place to park your iron. Brilliant! And so in the past 80 years, in the US at least, cities and towns have been built around the mobility cars lend. Longer than most of us have been alive. Longer than most of us can remember. Outside of a select few cities in the US the infrastructure itself demands some sort of mechanized transport. Even if we wanted to install trolleys we would be hamstrung; which neighbor will we take land from to lay tracks? Even buses still rely on this great big ribbons of asphalt. Large swathes of real estate dedicated to iron leviathans even when there is none. In most places in the US, an automobile is a necessity to get to work, to go to the grocer, the doctor, to church, to shop, even to go to a park to walk. We drive to walk. Mile upon mile just so we can walk. Crazy, right?

Think-Outside8434

Speaking as a Canadian, the people who I really feel for are all the Americans who **didn’t** vote for him. Just imagine being grouped as all these people, the Americans, who put this man in power, and then to see this level of unprecedented stupidity. It is easy for me as a Canadian to watch this, as we have the highest-rated PM since WWII in power right now, but I just can’t imagine the feeling of being trapped under the power of a man like that, and knowing that 93 000 000 of your fellow Americans voted for him!

NewLifeInAfghanistan

Have to continually reference the last time America was actually great, WWII

Objective-War-7458

IF this happens, big IF, it's gotta run through Congress. And Congress is broken. They couldn't pass a resolution saying they intend to pass a resolution (about anything). Post-WWII was also a different currency environment with a less globalized finance system. Structually, it's an apples to monkeys comparison. And just because the government could do something, you're still missing the point. That executive branch is doing the complete opposite of what you think they are doing. If Bessent is offering, starting in September, to take your unrealized bond losses and realize them, that is fundamentally the opposite of what you care claiming. Right now, the US is benefiting from this arrangement. They got $4b in treasury bonds for $2b. That's not a bad deal. Like a company diluting themselves with an ATM and once the stock craters 50%, buying back the dilution for half of what they raised. Free money for nothing. But, even then, this is financed through more borrowing and for it to be effective in a meaningful way, you'd institute a major banking crisis. So, sure, you're allowed to not understand what is going on and claim the opposite. And you can sincerely believe that. But that doesn't make it logically consistent or true.

SDBcop

Last 50 years are post WWII era where the USA was the Hegemon which is clearly less the case day after day. So basically I wouldn’t expect the past 50 years indicative of the next 50. You should like at periods of similar set up in interest rates, inflation and change to world order to have a true picture for gold!

0o0o0o0o0o0z

> I hate to break it to you but USSR won WWII, albeit with crucial Allied Support. Oh, I dont disagree; the USSR provided the bodies, and the USA provided the $ and material.

Covidmiles

I hate to break it to you but USSR won WWII, albeit with crucial Allied Support. The US writes it's own narrative for it's citizens and Hollywood tells D Day stories but the truth is often different. American History books do not admit they lost in Vietnam and more recently Afghanistan. Iran has been an abject humiliation but will likely be framed for the next generation as a win of some kind. It is almost comical that US citizens think they would compete in some crazy war with China.

0o0o0o0o0o0z

> if we got into a war with China right now we would lose that war We would lose that war. We won WWII because of our industrial base and logistics. China can easily exceed the US in both factors, and with the new asymmetry of war now... it's a no-brainer.

TauCetiXAstroPhage

Historically, when a country's debt-to-GDP ratio surpasses 90%, economic growth slows and borrowing costs rise. The U.S. is now at 130% — 44 points past that threshold and the highest level since the peak of WWII spending. For comparison: Greece's debt crisis began when it crossed 120% in 2010. Buying Long term puts to become super rich.

dritu_

This just kind of sounds like alarmist/doomer nonsense. Look to the what the US did the last time we had way more debt than we should. We simply inflated it away. Do you really think all the inflationary policies Trump is pushing are coincidental? Following WWII, the US had a debt to GDP ratio of 120% -- about the same as we are today -- but it dropped down to 30% by 1980. How did we achieve that? Raising taxes to bring in more money and maintaining low interest rates to reduce the cost of servicing the debt (and foster inflation). We have fiat currency. We can just print more. Sure, it'll be bad for any good patriot holding treasuries, but oh well, that's the easy way out for politicians. If you invested in long term treasuries in 1945, by 1980 you gained 126% nominally. Of course inflation was 357% during this period, so in real terms you lost 77% of your investment.

kittyfa3c

Conservatism is about the unbridled authority of the petty tyrant. The only reason you got to delude yourself with this heartwarming definition of conservatism was that liberals defeated nazism, but now most of the WWII vets are dead.

milkplantation

The economic conditions of today are nothing like post-WWII. If investors believed the government was deliberately tolerating high inflation to erode its debt, bond vigilantes could sell treasuries or demand higher yields to compensate for inflation risk. That would raise government borrowing costs, probably offsetting most of the benefit from inflation.

SnuffyMcfluff

We don’t operate like we did after WWII. The debt created by WWII was created by massive defense spending that was largely cut after the war ended. Since the 80’s we stimulate the economy through massive defense spending regardless of whether or not we are engaged in conflict. No one is going to cut that as it is a political lever that voters buy into. Dems and Republicans are pressured into spending an astronomical amount on defense. We represent around 40% of all military spending on the planet whether or not there’s a war. Politicians will drop it a point or two here and there, but none dare make the sort of cuts that will reel in the debt.

MixtureSpecial8951

I know that you are being a bit sarcastic, but the issues goes back decades. The US expended a huge number of weapons in the Gulf War, digging deep into the ammo depots and reserve fleet (many ships ended up being towed because they broke down mid ocean). But, those munitions were not replaced at anything close to a 1:1 basis due to the end of the Cold War. Over the next 30 years the US continued to expend munitions in Iraq, the Balkans, Iraq, Afghanistan, Iraq, Syria and elsewhere. Plus the usual training and what not. But munitions plants were also closed in the early 2000s. And shipyards were closed, aircraft purchases slowed. Heck, the USAF last purchased an F-16 in *2005*. Tank production ceased in the 90s. And on and on. Now, we have a turd who still thinks of US military power as being the same as that of the immediate post WWII period. Add to that return of the promise that air power alone can accomplish anything and we have a recipe for failure. Just stupid. It’s all stupid.

M_e_n_n_o

Standard protocol for any war the americans are in after WWII, leave with your tail between your legs and declare victory

FickleMeasurement627

Irans pres not too long ago said basically ‘neither war, nor peace’ last time that ideal was pushed to help calm war it only made it worse with Germany and Russia in WWII. While it failed the last time they had no cards last time, this time Iran has US by the balls. We are damn near forced to surrender to their terms. And with the wording they’ve been using lately if we do not come to do so then it will be the US that is deciding to continue this war and the. They will have to respond with more fighting. Gets them off by putting it in our hands yet we have no cards to play other than to keep on the offensive or to fully surrender. This whole thing is a shit show waiting to blow up. Theres a reason 🥭 hasn’t been parading around flauting ‘victory’ and also vice versa not even trying to show aggression. Its an odd thing we got going on for sure.

Sure_Elk1399

if y'all know anything of what happened in WWII Iran's president just stated ‘neither war nor peace’. This ain't over any time soon y'all.

orcassharks

I expected that we would lose the peace Didn’t expect we would lose the war so quickly though And we think we can take on China with its ginormous industrial capacity? Lay off the bong guys. China is what the US was in WWII.

Seattleman1955

The unemployment rate is 4.1% and the historical average is 5.6%. WWII has nothing to do with this discussion. 2008 was about sub prime lending (don't do that). That was due to a government guarantee policy. The Great Depression started with an overpriced stock market and was turn into a "Great Depression" by government policy. What system to your favor, the Venezuelan or Cuban system?

Psynaut

So to summarize your argument, Stating that Gen Z does in fact know how to invest properly is wrong because houses cost more than they used to, and that the fact that is is much easier to become wealthy at a younger age, is not a benefit of any real measure because the only factor that matters is houses are more expensive. Every generation has its challenges. WWII was a bit of a bitch, and again, houses were cheaper, but 30 year old programmers making $600,000 a year was never a thing. Yes, I do believe that GenZ feels hopeless because of what they see online. Prices are ridiculous and it isn't getting better. But I travel the world a lot, and it is much worse almost everywhere else. There is still opportunity here. Boomers built their wealth over 40 years of grinding corporate jobs at a desk. Kids today are angry that they have to go to an office 1 day a week. Many things are worse now, but one of those things is the attitudes of people who don't want to work hard, and everyone with a business will tell you that as a general rule, GenZ is nearly unemployable due to their shitty attitudes and laziness.

SerMumble

This should not be so weird. A single person has access to computers, tools, automation, etc that significantly multiplies their productivity compared to WWII

iYoloNDX0DTEs

I had a neighbor in the 90s that was a multimillionaire. We all thought this fucker was poor and his family asked us to donate to help bury him. Fucking dude was in WWII. The god damn military paid for his funeral. God I hate rich people.

West_Lavishness6689

On average, the S&P 500 has rallied roughly 16%–19% over the 12 months following a midterm (after nov 4th), without a single negative 12-month post-midterm return since WWII.

No_Teaching_4449

Sorry, it was John Templeton. He bought 100 shares of 104 bankrupt or low priced companies for $1 or less just as WWII began. He went on to start Templeton Growth Fund in 1954 and achieved 15% on average for 38 years.

RegularStudy9524

Biggest attack since WWII some would say

Consistent-Fig7484

Isn’t that just our MO for like 80 years now? We mistook being the only power with a functioning infrastructure after WWII as some sort of manifest destiny exceptionalism and just kept running with it.

Ok_Win590

"Not seen since WWII".  I guess he doesn't know that the US dropped more bombs on Cambodia during the Vietnam War than all of the bombs dropped by all participants of WWII.

DeadFacesInMyPocket

Not seen sinces WWII? Is he talking Nukacola? What the absolute fuck is wrong with this child?

Relevant-Count-3656

"Power not seen since WWII"...surely he is not talking about nuke is he?

Poster_Nutbag207

Congress hasn’t formally declared war since WWII

mchgndr

Are the levels of military terror not seen since WWII in the room with us now?

GAV17

The one signed in 1985 where Japan already was the 2nd economy in the world thanks to the US help after WWII?

GAV17

> But is it good for Japan to be our bitch? The post WWII recovery would show that yes.

Livueta_Zakalwe

I don’t doubt they might try, but we held elections during the Civil War, the depths of the Great Depression, WWII and Covid. NYC had a Mayoral election less than 2 months after 9/11 (Rudy talked about canceling them - that didn’t go over well). So what kind of emergency could possibly justify delaying or canceling elections? Mind you, I’m not saying they’re not dumb or desperate enough to try anyway.

Xenikovia

It's my understanding that both Presidential and midterm elections have never been postponed or cancelled....even through the Civil War, WWII, Spanish Flu Pandemic. Congress controls federal election timing, the Executive branch has no emergency power to move federal election dates and no legal authority to postpone or cancel a federal election.

Altruistic-Key4003

You mean like WWI, WWII, Korean, Vietnam…

banksy_h8r

> he tends to stay in his lane I've only watched his interviews with Sarah Paine (who's amazing) after one of her lectures and he definitely sounds like he thinks he knows more than her about post-WWII Asia. She has the patience of a saint in dealing with him.

mrdeadhead91

Did they announce WWII or something?

virtualbitz2048

That's a universal sentiment among the youth of literally every developed nation right now. The post WWII "great slumber" is coming to an end, and a wicked hangover is coming on hard

NiceOwner

Everyone celebrating like WWII ended over a .5% pump, when it’s still down 7-10% lmaoooooooo traders are a retarded breed.

vava2603

lol Russia … There is no reason China would not catch up . It is a nation of engineers and they are at every level. Look how Japan catch up after WWII or South Korea .

All_FIREdUp

Honestly, I’m not even trying to go on some boomer shit But fuckers out here are acting like this is the worse possible time to exist and yet there was an entire generation of humans who has to endure WWI, Spanish Flu, The Great Depression, and then WWII And now we have fresh faced CS majors acting like the system is the worst thing that ever existed because they can’t catch a $150K entry job after college Honest to god pussy boys

All_FIREdUp

Ngl, I just dismiss anyone talking about how the state of the world is the worst it has ever been. Have these retards forgotten there was an entire generation of people who went through WWI, Spanish Flu, the Depression, and WWII Mfers these days crying about how their CS degree isn’t earning them $150K the day they graduate

Invinciblez_Gunner

They had to do that in WWII and still won

BFox1982

France hasn't gotten routed this bad since WWII

GreyMatter22

Norway has the world's nest pension plan for their citizens, I am in awe sometimes how ahead they were in taking advantage for the global stock markets. They have even made it all transparent for everyone: [https://www.nbim.no/en/investments/all-investments/](https://www.nbim.no/en/investments/all-investments/) Wish we did something similar in Canada when we too were resource rich post WWII.

ConfidentTelephone81

You know what's wild? You've been called out multiple times—with screenshots of your own words—and you still don't seem to realize (or refuse to admit) that what you said was racist. That's not a good look. You made sweeping, negative generalizations about billions of people. You reduced entire cultures to a single stereotype about cheating. You brought up WWII mass rapes as some kind of "explanation" for these stereotypes. And when people pointed it out, you deflected, gaslit, and played the victim. But you never once stopped to ask yourself: "Maybe what I said was actually wrong?" That's the thing about racism—it doesn't always look like slurs or obvious hate. Sometimes it looks like confident ignorance. Sometimes it's someone who genuinely believes they're just "stating facts" and doesn't realize they're being offensive. You don't need to have malice to be racist. You just need to be unwilling to listen when people tell you you're being offensive.And that's exactly where you are right now. Everyone else can see it. The only one who can't is you. Maybe take a step back, reread what you wrote, and ask yourself why so many people are calling you out.Or keep deflecting. That's easier, right?

GrandKnew

man what the FUCK is my upstairs neighbor doing?? He making sounds I didn't even fucking know possible - sounds likes constructing a fucking bowling alley upstairs. Sounds like fucking WWII up there. I think this guy is literally picking up furniture and throwing it across the room I just don't understand.

Icarus131

I don’t necessarily disagree though domestic sourcing and refinery reduce the timeline from in ground to in missiles and chips. At least for American Tungsten, because I’ve been following them for a while now, it’s not a new mine. The mine they rehabbed put tungsten armor on our tanks in WWII but ceased operations when it was no longer economically viable. The samples they’re pulling out now look like we skimmed the surface with lower grade stuff in the 40s and now we can get to the higher grade material with today’s mining tech.

CleanReplacement1525

What they are doing is not new. Thats correct. The massive additional debt that has built up over time and its CURRENT EFFECTS \*IS NEW\*. The US did not have to spend more than military and social spending on the deficit in the past..... except after WWII. More inflation to deal with this IS NEW and will remain this way for a long time.

Boomer_With_Dementia

Everyone be like "TACO", "TACO", "TACO" and they think this will pass. They are ignorant regarding history though. History is full of chains of TACO's leading to an inevitable disaster. Let us not forget WWII, here is the data. Factors leading up to WWII 1. TACO at the end of WWI, Europe TACO'd and almost made the next war inevitable 2. League of Nations TACO'd in the interwar period 3. Remilitarization of the Rhineland in violation of Versailles treaty. Response... TACO 4. Anschluss = TACO 5. Poland = TACO 6. Pearl Harbor = predictable result of previous TACO's Or 9-11 attacks, remember the TACO's that caused that. The Bin Laden Taco, the Afghanistan Taco, and that Bush was eating Tacos when he should have been paying attention to his intelligence briefing, or that he was feeding Taco's to kids when the attack happened. What about the great depression? We TACO'd our way into that, even though in the US at that time Taco's were hardly known north of the Pecos. Just saying.. the way it works, and history has shown us that the chain of events is.. Taco->Taco->Taco->Taco->BOOM There is no infinite Taco option. Do the math "regarding" this issue

Sufficient_Habit5091

WWII destroyed a lot of countries. We're just too broke to win wars now.

Combat_Proctologist

> but is there the will and ability to enact them? I mean, Europe hasn't had the will to actually do anything risky since WWII

Fair-Bicycle2074

Also likely contributed to WWII occurring.

vakr001

So true. And the only reason we got out of the depression was WWII

KRacer52

“ AIDS has killed way more” Than WWII? No. Roughly 43MM people have died from AIDS related illnesses from most numbers that I can find. Most estimates for WWII are in the 70-80MM range.

worldspiney

That is a wild overestimation. And covid is nowhere near comparable to WWII

Competitive-Meet-511

It's a country that struggles a lot with women's rights and getting over their ego long enough to acknowledge WWII. The language is among the hardest to learn, it's far away from a lot of places that a person with $5m might go, and it has the occasional tsunami-slash-nuclear-meltdown. I'll stick with Europe, at least I stand a fighting chance of learning Swedish.

Canoli5000

After WWII Nazis fled to Argentina, Paraguay, and Uruguay.

Sick0h

This must be what WWII was like fighting multiple theaters in the Pacific, Middle East, and eastern EU/Russia.

InvestigatorOk9354

The American Century from the late 90s is a good first book on US modern history. It's got a lot of political cartoons, election posters, war propaganda then corporate america that helps set the tone to tell the story. If they're a bit more advanced or want to dive deeper then I'd look at some of Stephen Ambrose's books on WWII. Really understanding the stakes of the war, the sacrifices gives a good foundation to the post war era, cold war, and post cold war/war on terror pivot.

Sick0h

My grandfather didn’t sign up for WWII and go fuck a bunch of ladies across the pacific for markets to just trade sideways.

jagmp

We already speak German. We also speak Dutch, French, and apparently fluent 4–1. 🇧🇪 Imagine bringing up WWII because football didn’t go your way. But don't worry, nobody is confusing you with the men who liberated Europe. The guys who saved us were brave, had courage, sacrifice, and deserve eternal respect! Today ? Trump would’ve tried to invoice Belgium for the waffles and called it a peace deal... You’re a guy on Reddit borrowing their résumé because your team lost 4–1 after your president tried to get FIFA to turn a red card into a coupon. And given the Epstein file headlines, maybe don’t make me explain the difference between heroes and modern politicians... At least yesterday the only minors involved were the U.S. chances of reaching the quarter-finals. Different species man.

ion_theatre

Depends. Historically, wars are pretty bad for all parties. There’s an interesting anecdote on how inequality declines during wars as wealth is destroyed, I don’t remember the exact phrase but essentially everyone gets an equal share in nothing. US in WWII is the exception that proves the rule largely because A. industrial centers in the U.S. remained unbombed, B. a massive amount of government spending was needed because of the existing economic issues, and C. after the war, since nobody else had an economy they had a lot of power to set the economic conditions.

Rare_Steak_

Everything would dump but even after WWII stocks went up.

b__lumenkraft

> my country, who freed your country The narcissism... The USA can't win wars. You guys never won a war. In WWII the allies won. Not the USA. >Every day this country sacrifices its people for the greater good Your coutry is the greates cause of migration and suffering there is! Only russia is maybe worse. Your country is bombing girl schools and weddings. You guys are war criminals. The US is a massive cancer this planet suffers from. Get lost!

DublinClover

Damn those WWII vets

Spirited-Lawyer-8281

This is the main reason Trump is trying to take over Venezuela, Cuba, Greenland, Canada, Iran, etc. All major powers have tried to take over resources and decimate other countries when when home grown financing can't or doesn't want to feed the citizens. France tried it in the 1700s. Germany/Austria and then Germany/Japan tried twice this last century. US had a 30-40 year monopoly on being the world growth engine thanks to WWII. Trump is searching for some similar magic formula that duplicates this. That should scare everyone.

think_harder_plz

It’s tight how we spend so much on militarY but seem to have lost every war since WWII. We da best music

PauperGames

It's been like this since Reagan, US debt slowly creeping up to WWII levels. We will see if the US is able to grow some day without increasing debt and with high interest payments.

LankyGuitar6528

Nobody knows. The US hasn't won a war since WWII. What do you guys do with all those weapons anyway if you can't beat goat herders in Iran, Iraq, Afghanistan or rice farmers in Vietnam?

CalebVanPoneisen

This market's graph looks like the post-WWII world population growth.

Sufficient_Habit5091

Why is raising taxes not a solution??? We've had much higher taxes before successfully. We've had surpluses and more policy space for emergencies. Right now we're running SPR dry, WWII emergency level deficits, printing during a boom. We're recklessly using every single "break in case of emergency" economic tool.

poop-machine

Europe's relevance ended after WWII. Ever since, Europe has been a disorganized mess that can't get its shit together.

Daveonaltair4

Guys in WWII would rig up machine guns to fire intermittently at random to draw in the krauts, then hide and flank ambush them when they moved in towards the placement. That's how we need to be thinking about SPCX.

lightning_whirler

Worked for the US in WWI and WWII

ChloroVstheWorld

"The Japanese soldier who kept fighting WWII till 1974"

Crackbot420-69

*During WWII, $SPXC known then as The Piston Ring Company* in Muskegon, Michigan, shifted a massive portion of its production to build crucial engine components to support the wartime efforts of American automakers. SPXC… now those are some real American heroes. And where was SPCX during all of this? That’s right, nowhere to be found.

BurtonAllen-TA

More important than WWII?

Big-Safe-2459

“Tell people a lie often enough and it becomes the truth.” A pre WWII paraphrase

BoredPoopless

The US hasn't had a formal declaration of war since WWII. We're just a misunderstood group of people.

YetAnotherIteration

How have Republicans created such a pervasive false-narrative that they are better for the economy? Going into the election, 'the economy' was the #1 issue for most voters, and Trump has an over 10 point advantage vs Harris in terms of views of who would be better for the economy. Source: [https://news.gallup.com/poll/651719/economy-important-issue-2024-presidential-vote.aspx](https://news.gallup.com/poll/651719/economy-important-issue-2024-presidential-vote.aspx) This has been the case throughout most of the elections in my lifetime, where the republicans run on a platform of being better for the economy, and it seems like most people actually believe them. However, this narrative seems crazy when diving into some actual us economic statistics...  >**GDP Growth:** Since WWII, Democrats have outperformed Republicans on the economy. GDP growth averages 4.23% under Dems vs. 2.36% under GOP. Job creation? 1.7% yearly for Dems, 1.0% for Republicans. Also, 9 of the last 10 recessions started under Republican presidents.  >**Job Creation:** From 1989 to 2024, the U.S. economy added approximately 51 million jobs. Of these, about 50 million jobs were created under Democratic presidents, while Republican presidents oversaw the creation of approximately 1 million jobs, resulting in a difference of roughly 49 million more jobs under Democratic leadership during these years.  >**Deficit:** Over the last 10 presidencies, the democrats have REDUCED the deficit by $1.3 trillion while the republicans have INCREASED the deficit by over $5.7 trillion. My question is: How have republicans managed to create such a pervasive narrative that they are better for the economy when all leading indicators seem to suggest the democrats, by a large margin, are far better for the US economy than republicans?

roguebananah

I think it’s time we also start blaming FDR too. Massive government spending that hindered the .1% and public works? What about allll the stock gains we coulda had on US Steel post WWII?!

Icreatedthisforyou

A lot of this is recovery. But even ignoring the first several years as recovery you can ask this question more broadly, why do Democrats have the vast majority of jobs created since WWII and why has every conservative president except Reagan has presided over unemployment increases, while no Democrat has (the worst was Carter who saw it flatline). The answer to this is conservative policies are absolutely dog shit for the economy. Tax breaks to the wealthy has consistently demonstrate a lack of return in the economy. While programs like SNAP, housing assistance, and energy programs to assist the lower income individuals have consistently demonstrate substantial economic return. Slashing government funding and SERVICES means that you lose out on infrastructure improvements and jobs. You lose out on services small businesses rely on to start up and run, in particular in rural communities. You lose out on education programs that help people transition to new emerging field. You lose out on programs that support family farmers and feed poor people by buying food to support food banks. A lot of these services ARE NOT DIRECTLY PROFITABLE. Which means the private sector won't do them when they are gone. And that means every place that relies on these services is hit and doors start closing and consolidation to fewer larger companies occur. The end result is from a societal stand point these services pay for themselves but SOMEONE has to take the hit in the unprofitable part. We only have 14 presidencies worth of data to look at. There is a stark difference between the economic results of conservative presidents and Democrats. More than twice the job growth under Democrats, reduction in unemployment under Democrats, faster wage growth under Democrats, lower inflation under Democrats, higher stock market returns under Democrats, larger GDP growth under Democrats, slower national debt growth under Democrats. Most recessions start in conservative presidencies, and 3/4 of the quarters the US has been in recession since WWII we have been while conservatives have the presidency. It honestly isn't complex. Think about your local community. What could be done to improve it? And ask yourself if it isn't being done now by the private sector then who will do it? The answer is... GOVERNMENT. Local, state, federal doesn't matter that is where those projects funding and support comes from. Taxes fund those things and as a result stimulate the economy. Also blue states disproportionately fund the federal government and blue cities disproportionately fund state governments. Democrats are much more likely to support infrastructure and projects in rural areas that benefit rural areas than Republicans are. The alternative is you cut a wealthy person's taxes and their hoard grows a little larger. Maybe the buy another mansion, yacht, jet, or half a dozen politicians. So yeah turns out it isn't hard to create jobs when you look and go "this money could sit in a billionaires stock/yacht/mansion/supreme court justice vacation....or we could use the same money to literally create thousands of jobs" Like you take $1b from each of the 10 wealthiest people in the US, you have $10b and all of them have lost LESS than 1% of their wealth. A LOT less in many cases. Median individual income in the US is $45k you can literally directly pay 200,000 people a salary for a year off of that. And those 200k people will love all over the place, they spend money on housing, on food, mechanics, cars, health care. In the US we have about 200 auto mechanics per 100k people. So those 200k jobs also helped support and creat 400 mechanic jobs. 740 electricians. 300 plumbers. 500 doctors and 2500 nurses. 120 dentists. 2400 teachers, 500 police officers, etc...you get the point. I just listed a few jobs and we are already at what 7500 jobs and well paying jobs that are supporting those 200k jobs. Those are mostly the higher paid service jobs which there are far fewer of compared to the lower paid service jobs like restaurants and retail. That support not just those 200k jobs but those other jobs that were mentioned.

Kyzp

Most don’t even understand that Israel was conceived in WWI and not WWII. Then there’s all the lies and propaganda. Most Americans do not realize that Israel doesn’t care about Americans. If only people knew the truth/entire story. Start with the Balfour Declaration, what was NOT mentioned during the Nuremberg trials, and soon you will have a better grasp on the truth.

Emotional-Power-7242

Bernie is basically a communist, rationalizing industries and distributing the profits among the people is classic communism. It's why we knocked over so many governments after WWII, they tried to nationalize industries that were owned by US and UK companies.

Swiftnice

Now that I think about it wasn't there a group of naughty Germans that secretly fled to Argentina after WWII? Seems like Thiel is going to reconnect with his roots haha

tallyhoallaboard

Funny thing, today is Liberation Day (WWII) in Denmark