bad thought suppose that there exist places in the world where war does not occur because of the presence of logistically-supported US troops suppose that we experience an economic collapse what would the US response be? what responses would be possible?
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curious what you make of it
@petergodofsky@sgodofsk@AlexGodofsky3 replies 0 retweets 2 likesShow this thread -
depends on the scale of "collapse". if we are talking about great recession then it doesn't... yet... impede the federal government's ability to actually fund production and output.
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Suppose you quintuple that for Q2
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well over the short run all the tanks and the planes and the troops and the oil and the payroll systems are intact. how quickly does the economy come back?
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Say 80% recovered by q4
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oh then meh whatever. like, you're talking about rewinding a few years of GDP growth.
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yeah figured hmm hmm hmmmmm
3:48 PM - 22 Mar 2020
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