halee1
halee1 t1_jdw9nzd wrote
Reply to comment by grapehelium in Netanyahu to suspend Israeli judicial overhaul plan after protests by MijTinmol
Just read that the judicial "reform" attempt was postponed to July. No time to give up yet, unfortunately.
halee1 t1_j6otvys wrote
Very difficult, if not impossible, to enforce sanctions against non-complying third parties that RESELL tech to Iran, and even to ensure compliance within your own country. The US Treasury Department's Office of Foreign Assets Control only has 250 people ensuring compliance with all sanctions worldwide. They need more.
And the EU doesn't even have an organization for that. All they have is a still pending Sanctions Envoy. Think of what leaks through with so little policing. Only individual member-states have any kind of meaningful mechanisms to address that.
halee1 t1_j1vr74i wrote
Reply to comment by Sticky_Robot in Ukraine lessens projected GDP fall from 50% to 32% by sviterochec
And according to the Maddison series (which does differ in numbers, but let's ignore that for a moment), US economy was stagnant in the 2nd half of the 1940s thanks to the demobilization, and only surpassed its 1944 maximum in 1951. The UK economy, after mostly strong 1930s and early 1940s, fell in 1944-1947, and only reached new all-time highs in 1954, thanks to rationing resulting from practical bankruptcy and repayment of its massive debts to the US (as well as paying the ones it accumulated since the late 17th century in general).
Germany's first fall was in 1945, a whopping almost 29%, but even moreso in 1946, at the height of Germanophobia among policymakers (52.6%!), forcing it to wait until 1956 before West Germany's size became the all-time high. Austria, surprisingly, only fell in 1945, but lost nearly 60% at that, and only surpassed its 1944 level in 1953.
As for Japan, it fell about 24% each in 1945 and 1946, and only went above its 1944 maximum by 1955.
Everything else is broadly correct, even though the numbers themselves differ a bit.
halee1 t1_j1vowo8 wrote
Reply to comment by Alt-One-More in Ukraine lessens projected GDP fall from 50% to 32% by sviterochec
Different countries (un)developed differently in WW2, depending on the year. US and UK grew quite a lot during the war, but GDP started to falter towards the end (keep in mind a lot of that was military and foodstuff aid, and in the US that led to shortages in the stores and budget deficits reaching as high as about 27% in yearly terms, as we don't have quarterly data available), despite the highest growth rates in the history of the country, and were somewhat depressed in the first years after it. Germany also made out relatively good before 1945, thanks to the looting from the countries it occupied, slave labor and military spending in general, before it fell by 29% in 1945 and nearly 53% in 1946.
Economies like France, Italy, Netherlands, Poland, Greece and obviously the USSR, were being exploited or utterly destroyed in the process, while other Nazi-occupied ones like Denmark, Norway and Belgium also suffered a lot at the beginning, but surprisingly grew during the 2nd half of the war.
That'll tell you the effect (in GDP per capita) on those countries.
halee1 t1_jef7zp1 wrote
Reply to Eurozone inflation falls sharply as energy prices drop by misana123
Yeah, there's almost never a "fall in prices". That's what people want, but never what actually happens, even in the "good times". When it does, it's practically 100% of the time during a recession. As others said, a "fall in inflation" only means a slowdown in the increase.