The left is all in on dividing us into pieces - russia and china could make their move to take us down
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As monetary tightening reveals the vulnerabilities in the real economy, the collapse of asset-price bubbles will trigger another economic crisis – one that could be even more severe than the last, because we have built up a tolerance to our strongest macroeconomic medications. A decade of regular adrenaline shots, in the form of ultra-low interest rates and unconventional monetary policies, has severely depleted their power to stabilize and stimulate the economy.
If history is any guide, the consequences of this mistake could extend far beyond the economy. According to Harvard’s Benjamin Friedman, prolonged periods of economic distress have been characterized also by public antipathy toward minority groups or foreign countries – attitudes that can help to fuel unrest, terrorism, or even war.
For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
well...ok im confused. I cant speak for the veracity of this claim...mainly because the drivers of ww2 were numerous and fairly nuanced. But lets tske it at face value.....who do we know thats been throwing around tariffs like a demerit happy school principle? or like oprah giving out cars?
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For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
well...ok im confused. I cant speak for the veracity of this claim...mainly because the drivers of ww2 were numerous and fairly nuanced. But lets tske it at face value.....who do we know thats been throwing around tariffs like a demerit happy school principle? or like oprah giving out cars?
well...ok im confused. I cant speak for the veracity of this claim...mainly because the drivers of ww2 were numerous and fairly nuanced. But lets tske it at face value.....who do we know thats been throwing around tariffs like a demerit happy school principle? or like oprah giving out cars?
cal?
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YouTube - Jun 25, 2014
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For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
well...ok im confused. I cant speak for the veracity of this claim...mainly because the drivers of ww2 were numerous and fairly nuanced. But lets tske it at face value.....who do we know thats been throwing around tariffs like a demerit happy school principle? or like oprah giving out cars?
well...ok im confused. I cant speak for the veracity of this claim...mainly because the drivers of ww2 were numerous and fairly nuanced. But lets tske it at face value.....who do we know thats been throwing around tariffs like a demerit happy school principle? or like oprah giving out cars?
look at the above dates - who do we know was president during that time? Changing the subject to "tariffs" is just stupid, Clevis.
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As monetary tightening reveals the vulnerabilities in the real economy, the collapse of asset-price bubbles will trigger another economic crisis – one that could be even more severe than the last, because we have built up a tolerance to our strongest macroeconomic medications. A decade of regular adrenaline shots, in the form of ultra-low interest rates and unconventional monetary policies, has severely depleted their power to stabilize and stimulate the economy.
If history is any guide, the consequences of this mistake could extend far beyond the economy. According to Harvard’s Benjamin Friedman, prolonged periods of economic distress have been characterized also by public antipathy toward minority groups or foreign countries – attitudes that can help to fuel unrest, terrorism, or even war.
For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
no cal, u brought up tariff's with an implication that ww2 was in large part started by hoovers trade war.
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For example, during the Great Depression, US President Herbert Hoover signed the 1930 Smoot-Hawley Tariff Act, intended to protect American workers and farmers from foreign competition. In the subsequent five years, global trade shrank by two-thirds. Within a decade, World War II had begun.
no cal, u brought up tariff's with an implication that ww2 was in large part started by hoovers trade war.
no cal, u brought up tariff's with an implication that ww2 was in large part started by hoovers trade war.
the article did, but the point is, a global economic conflict could help cause a war, but the threat of tariffs in a matter of leverage to renegotiate an unfair to US trade deal, is not a global economic crisis. You don't understand, of course.
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Meanwhile - Iran is daring the world to come after them - because they think their friend Russia will back them up.
Iranian mines - one seen on the hull of one of the oil tankers. It isn't Iran's first mine rodeo. They aren't disrupting our oil, it's global oil, global economy.
http://news.trust.org/item/20190613175123-8j3jx
Unexploded device spotted on one of attacked oil tankers -U.S. source
by ReutersThursday, 13 June 2019 18:09 GMT -
with Iran as a diversion, I wonder if Russia/China makes their move next.
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