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To: blam

Unlike 1929, taxes are low relative to that time and the industrialized world isn’t consumed in trade wars so I don’t 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
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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)
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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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