Q&A ยท 4:45:19-4:48:26

Would an early nuclear-power boom prevent a financial crash?

A nuclear infrastructure boom leaves open questions about the timing of a financial crash and the investment of the resulting wealth.

Question

Would the investment created by early nuclear power prevent the Great Depression or keep the boom going?

Short answer

A crash is still considered possible, with its timing and severity dependent in part on banking and investment decisions.

Notes

Large infrastructure investment could change economic conditions in the nuclear-power counterfactual. One response still expects a crash, possibly at a different time, because the banking institutions and people managing investment would remain part of the problem. The concern then becomes whether the new wealth would be invested in ways that created another large vulnerability. No definite alternative economic outcome is established.