The trouble with this article is that it doesn't recognize how much more interconnected world trade has become since then. And even according to this author, to judge by what he links to, there's a huge difference between across-the-board tariffs which is what Trump is proposing, and very strategically targeted tariffs. And no, there isn't a coherent strategy behind targeting aluminum and steel. In fact, it's one of the dumbest tariffs that can be imposed.
Let me be clearer. It won't be a correction - it will be a global recession. This one will make 1929 look like a blip.
As the average age of members on this forum is quite high, I sincerely hope you are still around to buy at the bottom, when it occurs. The bottom will be at least 16 years away.
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