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From: Auric Hellman <adhellman1@gmail.com>
Newsgroups: misc.news.internet.discuss
Subject: Re: Job losses spiked
Date: Sat, 8 Mar 2025 19:10:07 -0500
Organization: Sons of Rhodesia
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On 3/6/2025 4:47 PM, JAB wrote:
> On Thu, 6 Mar 2025 22:35:15 +0100, D <nospam@example.net> wrote:
> 
>> As another interesting piece of the puzzle, inflation is now taking off
>> again in sweden, leading to people speculating that perhaps the central
>> bank will start to increase the interest rates again.
> 
> As posted before here
> 
> 
> (WSJ) - The world economy could face a crash similar to the Great
> Depression of the 1930s unless the U.S. rows back on its plans to
> impose steep tariffs on imports, a senior official at the
> International Chamber of Commerce warned
> 
> "Our deep concern is that this could be the start of a downward spiral
> that puts us in 1930s trade-war territory," said Andrew Wilson, deputy
> secretary-general of the ICC, which promotes global business and
> trade. High tariffs on foreign goods imported into the U.S. in that
> decade contributed to a damaging global recession. The downturn
> plunged nearly a third of the global workforce into unemployment and
> slashed production at heavyweight industrial economies Germany and the
> U.S. by half, according to research from the International Monetary
> Fund.
> 
> https://www.wsj.com/economy/trade/tariff-war-risks-sinking-world-into-new-great-depression-235fffeb



Sounds like a recipe for another World War. Someone is to blame for all 
this.



-- 
Dr. Auric D. Hellman
adhellman1@gmail.com