Children lose very measurable nueral brain growth you don't get back if malnourished in the beginning. We're literally making a new class of measurably different human...
No. Plenty of evidence of it crashing systems and worsening recessions from the Great Depression though, compared to spending programs like the New Deal.
That said, there isn't a Great Depression, at the moment. Selling off public assets to foreign neocolonialists will produce short term benefits...
For their new oligarchy, since ancaps sure as fuck aren't reinvesting those funds into public education and infrastructure.
Um, i suppose you could apply the effect of the black plague on middle ages europe.
Estimated to have killed 1/3 of all people. There was a subsequent rise in wages/worker bargaining power attributed to the lack of labour supply.
I suppose thats an example of rock bottom and coming back with some benefit.
I wouldn't call it 'bouncing' back though, more like struggling on with a sliver of silver on those grey clouds. Not an adviseable course for a country to take.
Because shock therapy has been done before, and the west is effectively at war with the result right now. Argentina might not be as bad but it's easy to assume when looking at the history of the policy that it makes everything worse except for foreign and local elites.
There are no communist leaders. Communism is an economic model not a governmental methodology. The term has been abused. To claim otherwise is to claim North Korea is a Democratic Republic.
Qualified tech workers combined with non-existent earnings prospects make for a perfect recipe for an exploits industry. Those things allegedly pay pretty well if you can find them.
It's also a great recipe for brain drain, with aforementioned qualified tech workers moving out of the country.