Developed countries’ strong postwar investment performance dispelled fear of secular stagnation. But this occurred after a world war that had created huge pent-up demand for new equipment, transport infrastructure, and household appliances, together with a military-industrial complex that armed the West during the Cold War.
发达国家强劲的战后投资表现打消了人们对长期停滞的担忧。但当时世界大战创造了对新设备、交通基础设施和家用电器的巨大需求，而在冷战期间，西方需要强大的军工业来武装自己。