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PoliticsJOE
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Comments by "Greg Greg" (@SlowhandGreg) on "PoliticsJOE react to Trump's insane comeback | Bonus podcast" video.
This will be the hardest lesson the US has ever learn't, the idea that DJT is good for the economy is going to hit the rails of reality The combination of deportations, tariffs and Musk's government Austerity will reverberate round the US economy causing a deep recession
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@BlueStormBuG How did high tariffs lead to the Great Depression? Smoot-Hawley Tariff Act | History, Effects, & Facts | Britannica It raised the price of imports to the point that they became unaffordable for all but the wealthy, and it dramatically decreased the amount of exported goods, thus contributing to bank failures, particularly in agricultural regions.
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@topboychris104 people are like goldfish. The last time he tried tariffs farmers lost export markets they'd spent 50 years building up and 92% of the money raised ended up in farming subsidies. The US also has export markets worth 3 trillion. Most of my colleagues believe he will be restrained from his worst instincts I do not. I'm a multi millionaire I'll be OK no matter what and will safe harbour my investments at the appropriate time. Sitting on gold for 3 - 4 years isn't a looser anyway.
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