The Trade War Begins - and will lead us into an Epic Depression

in economic •  7 years ago 

http://www.zerohedge.com/news/2017-08-22/furious-china-responds-latest-sanctions-demands-us-immediately-correct-its-mistake-o

This article on zerohedge is only a few paragraphs. Please read it. Then read up on the Smoot-Hawley Tariff Act of 1930. The US is following almost exactly the same playbook from almost 100 years ago. It was a disaster then, and will be again. Since what is coming will be much worse than the Great Depression, we need a new word. I'm going with the Epic Depression. What do you think we should call it? Buckle up.

economic collapse sanction china war
7 years ago by

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