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