HistoPol (#HP) 🏴 🇺🇸 🏴<p><span class="h-card" translate="no"><a href="https://masto.ai/@Nonilex" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Nonilex</span></a></span> <br><a href="https://mastodon.social/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTariffs</span></a> <a href="https://mastodon.social/tags/TrumpeanTradewars" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpeanTradewars</span></a></p><p>*IMPORTANT <a href="https://mastodon.social/tags/GreatDepression2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GreatDepression2</span></a>.0*</p><p>If you haven't studied economics or haven't lived through the 1930's, I strongly recommend listening to today's <a href="https://mastodon.social/tags/TheIntelligence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheIntelligence</span></a> <a href="https://mastodon.social/tags/Podcast" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Podcast</span></a> of <a href="https://mastodon.social/tags/TheEconomist" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheEconomist</span></a> about the disastrous <a href="https://mastodon.social/tags/SmootHawleyTariffAct" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SmootHawleyTariffAct</span></a> of 1930.</p><p>It has been done before and the results boosted the <a href="https://mastodon.social/tags/GreatDepression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GreatDepression</span></a>, which was milder in very few nations, such as Japan.</p><p>To keep the picture: the <a href="https://mastodon.social/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTariffs</span></a> are <a href="https://mastodon.social/tags/MacroeconomicSepuku" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MacroeconomicSepuku</span></a>: </p><p><a href="https://mastodon.social/@HistoPol/114270047650574975" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mastodon.social/@HistoPol/1142</span><span class="invisible">70047650574975</span></a></p>