No. of Recommendations: 25
As a reminder, the Nazis at first created some sort of economic miracle before causing the greatest disaster ever for their country and the entire world.
Unemployment fell from almost 50% to almost zero:
de.wikipedia.org - Wirtschaft im NationalsozialismusThe stock market initially did well, but then lost 90% of its value.
In Italy, you can still find fools admiring Mussolini because "trains were always on schedule" and "there was no mafia".
Authoritarian regimes have a terrible long-term record when it comes to investing. And it will always remain so. Why? Because the best and fittest that usually deserve to win, won't necessarily win under a dictator. The dictator elevates those that fit his personal goals, not humanity's goals. Over time, it makes a huge difference.
