Will 2025 Repeat the Great Depression? 'Perfect Storm' For Economic Fallout | Phil Magness
The David Lin Report
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Tariff History: Lessons from Smoot-Hawley and Today's Economic Landscape
This chapter explores the evolution of tariffs from the Smoot-Hawley era to contemporary economic policies, emphasizing their role as both revenue sources and protective measures. It warns of the risks posed by modern trade wars and the potential for repeating the economic mistakes of the past that could result in severe downturns.
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