How does war affect the economy? Iran vs. Afghanistan vs. Iraq
Published on: Friday 20 March 2026
Is war good for the economy? The evidence points decisively toward the contrary. Military conflicts impose substantial costs through government debt accumulation, resource diversion from productive sectors, and long-term fiscal strain. The wars in Iraq and Afghanistan added trillions to U.S. national debt while disrupting global trade and energy markets. Though defense spending creates activity […] The post How Does War Affect the Economy? Iran...
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