During the second world war. It turned into nationalism and extreme rightism. Then economy of conservatism, what were they fighting against? Everyone remembers, the great recession. Up till this day, the last recession in human history was 1929-1948, longest recession of all time. It had a huge impact, caused most deaths.

【Miles Guo’s Broadcast HighlightsMay 6th, 2022 The Recession During 1929-1948 Caused 10% Deaths of the Population

 Miles

If you look at the time before the second world war, all that happened around the world. First, all the major countries before the second world war. Especially countries in Europe, everyone was against dictatorship. What were all the people thinking about? All for globalization, then, most importantly democracy, all the so-called leftist, globalization. After the second world war, before the second world war, it was extreme nationalism in Japan and Germany. German empire, then France and Italy, how big was Italy? They got a population of 100 million, 70-80 million. France got a population of 40 million. UK got a few dozen million. Germany had the best at 60-70 million. US got about 100 million.

Soviet Union was about, at the time, the Soviet Union, they got about 100 million. China got about 400 million, right! But UK at the time was a country with vast land, especially with India and Pakistan. UK was the NO.1 country. They got multiple hundreds of millions, then, it was China. The US, Soviet Union and Japan, what was most popular at the time? Global trade and extreme liberalism.

However, during the second world war, it turned into nationalism and extreme rightism. Then economy of conservatism, what were they fighting against? Everyone remembers, the great recession. Up till this day, the last recession in human history was 1929-1948, longest recession of all time. It had a huge impact, caused most deaths. What Xiao Yang said just now, the war caused millions of deaths. But the casualties from second world war were about 60 million.

This economy recession, the deaths were over 200 million. Do you know the population at the time? My brother and sisters, 2 billion. The planet had 2 billion people, what about today, 7.5 billion. What was the GDP at the time? Total of 500 billion. The US accounted for half of that which was about 200 billion. What about today? 130 trillion. 130 trillion divided by 1 trillion, that was 130 times. What about the increase of the population? 3.5 times. What about GDP growth? 130 times, 135 times.

Video Clip: CG. |Chinese Subtitles: Little Bee| Translator: Arthur| Proofread: Polaris| Script: Flying Cat| Editor: Quentin | Publish:shandianxunlian