3,882
edits
Line 35: | Line 35: | ||
|Feb-48 | |Feb-48 | ||
| | | | ||
|Stock market crash -42% was mostly right after the recession, investors were expecting much growth after the war. But due to the huge fiscal spending, there was an increase in inflation and growth. It seems similar to the period after COVID-19. | |Stock market crash -42% was mostly right after the recession, investors were not expecting too much growth after the war. But due to the huge fiscal spending, there was an increase in inflation and growth. It seems similar to the period after COVID-19. | ||
|- | |- | ||
|The Post-War Recession | |The Post-War Recession |