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Rodrick Ocampo

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    1. Asked: October 13, 2021In: Investment

      Wars

      Rodrick Ocampo
      Rodrick Ocampo Explorer
      Added an answer on October 15, 2021 at 7:32 pm

      I wouldn't say that war is beneficial to the economy of any country, well maybe for the cabals who sponsor the wars, but not the country at large. In fact, war is probably very negative. However, the fact is that you see an uptick in GDP during wartime because of the increase in government spendingRead more

      I wouldn’t say that war is beneficial to the economy of any country, well maybe for the cabals who sponsor the wars, but not the country at large. In fact, war is probably very negative. However, the fact is that you see an uptick in GDP during wartime because of the increase in government spending on things like bombs, bullets, and tanks. This increase in government spending will lead to an increase in overall GDP during wartime and a reversion to the trend after wartime.

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