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Usually, yes, always, no. It is a common action of countries to spend massive amounts of money during times of war, as well as taking loans from foreign countries. Once the war is over, the debt of the country is huge, and the owe a lot of money to foreign nations. I wouldn't say that countries go into a "depression" but they definitely suffer pecuniary difficulties after a war.

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14y ago
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10y ago

Yes.

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Q: Do countries go into a depression after a war?
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