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6 days agoI don’t think that’s quite the same. The companies that are “in” index funds change, so it’s more like investing in the top X companies at any given time. In theory, you’d only be investing in companies that are innovating and doing things.
Not saying you’re wrong about things assuming to always grow, just pointing out that it’s not quite the same thing.
Even if Germany succeeded at Stalingrad and captured the Caucasus, there was no way Germany would have been able to maintain it. The entire campaign was doomed for failure.
The oil fields were sabotaged well in advance and weren’t able to produce notable amount for a good 6-9mo after. Allies had plans to bomb the crap out of them as well. Russia moved the majority of their industry further inland prior to the German’s arrival.
Put simply: Germany didn’t have the population or production capacity to win. It just wasn’t feasible. Could they have won “politically”? I suppose, but that’s like asking if Allied leadership would have sued for peace, which based on the personalities is pretty damn unlikely.