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In 1974 and 1978 the German economy and Argentine economy respectively experienced a sharp downturn (in the latter case even a deep recession) after the national teams became world champions. The economy of the losing finalist – the Netherlands in both cases – also suffered, but far less so than the victor’s...

So if the Dutch team reaches the final this year, its opponent should be warned that a victory on the pitch may well have some unpleasant economic consequences.

When the Netherlands became European champion in 1988, the correlation noted above was again confirmed: economic growth that year was sharply up on the previous years...

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