No, WWII Did Not End The Great Depression!
The idea that Great Depression was finally brought to an end by the onset of WWII has been staple of history textbooks, documentaries and various war propaganda for decades. This myth continues to be perpetuated to the present day. The idea that war is good for the economy is, needless to say, a fallacious argument which itself is based on incorrect economic data.
Find out more about the truth behind the war economy myth in this week’s EyeOpener report with James Corbett.