Also all that excess energy.... I think stackers know a good place for it!

Probably that they'll be more willing than they historically have been to wage big stupid wars like America does.

I do wonder what the implications are if this wasteful spending still results in massive capital investment which later on gives wartime production advantages

SimpleStacker

econ

The China Trap: Everything Becomes Too Cheap to Survive

I don't think it makes sense to refer to heavily subsidized output as "efficient". There's an enormous deadweight loss as resources are taken from what would be more valuable uses and put towards politically chosen ones.