View RSS Feed

Memories of the 28th Century

Miscellaneous thoughts about miscellaneous matters

  1. Trump's Depression

    by , 06-09-2019 at 01:52 PM (Memories of the 28th Century)
    I was thinking about how the U.S. economy would go from the upswing that Trump takes credit for to the Even Greater Depression that his trade war will bring on.

    Trump should be separated from the claims of strong economy, and he could be thrown out of office and not have a chance of re-election, and he may have undone himself with the additional tariffs. I wasn't expecting the stock market to tank for a considerable time, as it happened during the 1920's. I'm not the only one who ...

    Updated 06-09-2019 at 02:05 PM by PeterL

    Categories
    Uncategorized
  2. War by Another Name

    by , 01-23-2018 at 05:14 PM (Memories of the 28th Century)
    Wars are examples of diplomacy failing. Trade wars are one form of war, and they can be a harmful as shooting wars. The Great Depression was caused by a trade war, and we may have a similar event in the near future.

    The history books don’t have much about it, but there nearly was a shooting war between the U.S.A. and the UK in the 1920’s. London had been the primary center of international finance since the Seventeenth Century. Debt and equity were issued and traded there more than ...