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Items tagged with: Potus
Prediction:
If the #OrangePeril stays this crash course, he'll be remembered as the #POTUS who singlehandedly caused the #GreatDepression2.0, as is explained here by looking at what happened when #Hoover tried this suicide aproach back in 1930:
mastodon.social/@HistoPol/1142โฆ
#TrumpTariffs #TrumpeanTradewars*IMPORTANT #GreatDepression2.0*
If you haven't studied economics or haven't lived through the 1930's, I strongly recommend listening to today's #TheIntelligence #Podcast of #TheEconomist about the disastrous #SmootHawleyTariffAct of 1930.
It has been done before and the results boosted the #GreatDepression, which was milder in very few nations, such as Japan.
To keep the picture: the #TrumpTariffs are #MacroeconomicSepuku:
mastodon.social/@HistoPol/1142โฆ
SCOTUS may be the best ally in preventing things from getting a lot worse.
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I don't disagree with your assessment of the current situation.
However, in a world where the German chancellor elect says rearmament will be done "whatever it takes," where the #CAN #PM all but calls the #POTUS dumb on prime time TV, and the President of #Uraine gets thrown out of the #WhiteHouse, I forecast enough fluidity also in the #UK for things to change in many respects until years end.
One thing is...
