My Own Economy Thread

[MajorRewrite]

What is a tariff??

I recommend learning about the Smoot-Hawley tariffs that worsened the Great Depression. Here’s a basic summary:

The Great Depression Lesson About ‘Trade Wars’

 

[beckiefalwell]

Ronny Cheing discusses Trump's new crypto scam on Daily Show. About two minutes in.

 

[beckiefalwell]

And DJT (SUKR) is down over 7% today alone. The lock-up is over tomorrow, so Trump is going to have to pump it like crazy while he's selling under it. Not sure when though.

 

[beckiefalwell]

Looks like 8% down in after hours trading.