3min chapter

Wealthion - Be Financially Resilient cover image

Ed Yardeni: Are We Living in the Roaring 2020s?

Wealthion - Be Financially Resilient

CHAPTER

Economic Parallels: The Roaring Twenties and Recession Risks

This chapter examines the similarities between the current Roaring Twenties and the 1920s, focusing on economic conditions that could trigger a recession. It discusses the significance of historical monetary policies and tariffs, notably the Smoot-Hawley tariff, and their effects on contemporary global trade.

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