Economic Miracle Quotes
Quotes tagged as "economic-miracle"
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“In 1939 war was probably a counterproductive move for the Axis powers – yet it did not save the world. One of the astounding things about the Second World War is that following the war the defeated powers prospered as never before. Twenty years after the complete annihilation of their armies and the utter collapse of their empires, Germans, Italians and Japanese were enjoying unprecedented levels of affluence. Why, then, did they go to war in the first place? Why did they inflict unnecessary death and destruction on countless millions? It was all just a stupid miscalculation. In the 1930s Japanese generals, admirals, economists and journalists concurred that without control of Korea, Manchuria and the Chinese coast, Japan was doomed to economic stagnation.8 They were all wrong. In fact, the famed Japanese economic miracle began only after Japan lost all its mainland conquests.”
― 21 Lessons for the 21st Century
― 21 Lessons for the 21st Century
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