There was his observation that if building ships full of war stuff and sending them across the Atlantic for the U-Boats to sink was enough to shake off the great depression the US certainly didn't need to wait ten years for the Germans to declare war.
If one looks at the composition of debt 1920-1950 what happened during WWII is the US government essentially took all of the commercial and consumer debt onto it's own books.
If one looks at the composition of debt 1920-1950 what happened during WWII is the US government essentially took all of the commercial and consumer debt onto it's own books.