To: blam
Unlike 1929, taxes are low relative to that time and the industrialized world isnt consumed in trade wars so I dont see an earthquake coming unless you talking about the Middle Class throwing off its shackles.
49 posted on
02/06/2018 5:45:20 PM PST by
Crucial
To: Crucial
What utter crap. We are in a trade war NOW!. The average duty our exports to other countries are charged is 8% while our import duty remains at less that 1%. You are spreading gloBULList BS and lies again.
If you would bother to learn some facts you'd find out that trade in 1930 was 2% OF THE ENTIRE GDP so trade was not a factor in the Great Depression. It was a tiny portion of the economy so it could have a big impact.
53 posted on
02/06/2018 6:54:08 PM PST by
central_va
(I won't be reconstructed and I do not give a damn)
To: Crucial
Let me correct my last post: I meant to say "It was a tiny portion of the economy so it could NOT have a big impact.
54 posted on
02/06/2018 6:58:05 PM PST by
central_va
(I won't be reconstructed and I do not give a damn)
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