Tuesday, April 22, 2025

Like the Smoot Hawley Bill in 1930 Trump's Tariffs are moving us towards Recession or another Great Depression

 There is a saying: "Those who do not study history are doomed to repeat it."

This appears to be Trump right now. Even though he made many speeches saying things like: "I hope I don't become another Herbert Hoover" in some ways he is already worse than Herbert Hoover in what he is creating right now for the average person here on earth.

IF you look at the potential "AFTER EFFECTS" for years from what he has already done with Musk you can see it mostly brings starvation and death to most people on earth.

Though moving manufacturing back to the U.S. might be a good idea, the way he is doing it is so completely unrealistic and unproductive that the end result likely will be another Great Depression Worldwide for all countries.

In other words this is going to kill so many people who are poorer or middle Class worldwide that he has basically just declared war not on any one nation but on all middle Class or poorer people worldwide!

"Those who do not study history are doomed to repeat it."

Very appropriate in Trump's Case.

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