[nukkad] Is US Economy already in Recession?

[Nivraaj Consultants <>]

Frankly everyone seems to be expecting some small
African country or Middle East ghost to be rekindled
and bombed in order to make the Western world and its
consumerist ways keep ticking.

Rajababu

--- Indian Rediff  wrote:

> I would appreciate the links to 'experts' that
> state, explicitly, that
> WWI, WWII were started primarily because of a
> recession in the US.
> Frankly, this is the first time I am hearing of such
> a correlation.
> 
> Secondly, if such a correlation exists for WWI and
> WWII, I'd like a
> similar aggression tactic being used by the US to
> drag itself out of a
> recession for the dates as detailed in the following
> document:
> 
> http://www.nber.org/cycles.html
> 
> Even if you can give me wars initiated for the
> following periods -
> those within our memories - it would be great:
> 
> March 2001 thru November 2001 (which is when the
> last recession in the
> US ended) - note - Afghan war began *after* the
> recession had ended.
> Iraw war began well after that - and there was no
> recession ongoing at
> the time or for a couple of years before the
> invasion began.
> 
> July 1990 thru March 1991
> 
> July 1981 thru November 1982
> 
> January 1980 thru July 1980
> 
> Thanks,
> 
> Sai
> 
> On Jan 22, 2008 10:34 AM, Dr.M.C. Gupta  wrote:
> > This is serious, though not unexpected. It might
> as well be the harbinger of
> > a new war by US. History is witness that whenever
> recession has hit US
> > economy in the past, it has found an effective
> antidote in war. The first
> > and the second world wars had their genesis in US
> recession. And, so did the
> > Iraq war. the present itch in the US to invade
> Iran and Syria is probably
> > symptomatic of the inevitable consequence of the
> US recession.
> >
> > NB: The above is not MY thinking. I am neither a
> historian nor an economist.
> > These are views expressed by US experts to which I
> can give reference if
> > anybody is doubtful.
> 
>
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>
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Regards,
Rajababu, Nivraaj Consultants
rajababu_75@yahoo.com


      
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