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kokolowlander @ kokolowlander @lemm.ee
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2 wk. ago

TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

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  • Germany got fascism out of the economic collapse.

    • TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

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  • Tariff is a consumption tax. The poorest spends most of their income on consumption like groceries, clothing, car parts, etc. The price of all of that is going up.

    Next stockmarket wipeout reduces wealth of middle class the most, who in turn reduces spending on services that employee working class people.

    Poorest always gets hit the hardest in any negative economic event because they are poor.

    • Retirement wasn't ever really going to be an option for this generation anyway

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  • The term conservative media is using is "globalists".

    Easier to whip their voter into panic.

    • EU considers tariffs on digital services Big Tech

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  • Aren't drop shippers finished with the recent tariffs, especially closing the loophole of de minimis?

    • Scandinavian countries calls for strong EU measures against e-commerce ‘wild west’

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  • It's the Chinese platform Temu and Aliexpress that abuses de minimis exemption shipping garbage quality items at low price.

    • The time has come to punish Orbán, Germany’s next government says

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  • What realistially can EU and Germany do?

    EU is already withholding funding, although they have to pay Hungary every time they have to pass something in EU.

    Do they even have the vote to suspend voting rights when they have Slovak PM going crazy as well?

    • Germany Turns to U.S. Playbook: Deportations Target Gaza War Protesters

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  • Going to need another source than intercept to believe this story. They have a history of sensationalization or leaving important details out.

    • Economists, is this trade balance analysis correct?

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  • Part of it was a massive influx of gold and copper imported in Q1.

    • The New Video of Federal Agents Ambushing a Student and Disappearing With Her Should Chill You to Your Core

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  • The voters deserve the government they choose. This includes those who abdicated their responsibility by not voting.

    • The New Video of Federal Agents Ambushing a Student and Disappearing With Her Should Chill You to Your Core

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  • Military officer corp is easily the most non-political actors while the enlisted MAGA are diehards.