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Powell: There is not any real experience. The Smoot-Hawley tariffs were not this large and they were 95 years ago…
696,462 Aufrufe • vor 1 Jahr •via X (Twitter)
11 Kommentare

We're so screwed.

Smoot-Hawley triggered global retaliation and deepened the Depression. Trump’s going bigger. Powell is ringing every alarm bell and we better start listening.

Translation: The economy is in the toilet.

Trump is by far the worst president in American history and it's not even close. Never has a president done so much damage to this country in such a short amount of time.

Unprecedented and Un-presidented.

Powell just described a scenario of chaotic uncertainty, coupled with inflation that will cause a recession at a minimum, and a possible depression. All self inflicted by Trump. Exactly what a useful idiot for Putin would do to weaken America.

Powell’s right—Smoot-Hawley tariffs 95 years ago were a disaster, and Trump’s new tariffs could tank the economy again. History screams caution!

Here’s what could get more expensive with Trump’s new tariffs.

Market reaction. 🫣

something d-o-o economics...

Trump is doing Smoot-Hawley on crack
