2020.05.09 00:09
(Deadly Plague of 1918)
The Great War (1914-1918) was the worst atrocities mankind ever created. Nearly 10 million people died.
One-fifth of men in Europe were dead. The flu pandemic occurred toward the end of the war.
The armistice was signed on Nov. 11, 1918. The following year, the Paris peace conference started
and the Versailles treaty was signed on June 28, 1919. In Korea, the 3.1 movements occurred in 1919.
2020.05.09 01:42
2020.05.10 08:43
This is very good news for the post-Corona economy.
Not just by the past historical example of 1919, but also the economy this time should
be very good too, just by common sense. We don't need a financial research to prove that.
Now, we have all the bases of the prospering economy once the viral disease abates because:
1. The government has freed an enormous amount of money for the support of the economy.
2. The unemployment will disappear rather quickly once the businesses start to open up.
The current number of huge unemployment numbers is due to a temporary phenomenon
and these people have places to go back right away. The jobs are waiting for them.
3. After a long lockdowns, people will be glad to spend some money.
So, hold on tight your reins on your bull, he's going to run wild!!
2020.05.10 11:16
I am not sure that the economy of 1920 was post-pandemic economy because the end of the
Great War came almost simultaneously. The War created communism, isolationism and protectionism.
Every nation was craving for the national interest. Major powers, UK, U.S. France pushed Germany to the
corner. Germans chose Hitler as their leader. Booming economy and bubble in the stock market finally came to an end
and the Great Depression hit the world. Another war might have been the best solution for the depression.
After World War II, Marshall plan was instituted to help defeated Germany unlike after the World War I.
"To have the sound economy in my country, you don't exploit other nations, but help them" It became the
principle of the world trade. It is sad that Trump does not understand it. He is a dangerous man not only for
U.S. but also for the world.
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Lessons from 1918 Flu Pandemic and post Pandemic economy.