[Capt. Tom]

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.”

I hope he is refering to a country that starts the war and loses it.
I was around before, during, and after WWll, and I would say the United States was propelled to greatness by winning WWll. -tom

[Freedom_Is_Not_Free]

He was referring to a “mismanaged nation”. The USA was anything but mismanaged prior to and through WWII.