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not really, the truth of the matter is our economy grew at an inflated rate, companies were trading at 100's X earnings and people were still buying. An economy taking a spill generally happens when when no one is dumb enough to by stocks at their current valuations. There are more sellers than buyers. You throw in 9/11 and all of a sudden you have a barrier to growth. People and businesses are reluctant to spend and grow. This is where war comes in. War removes that barrier and we rebuild the economy through expansion and increased spending at the corporate/institutional level.
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