return2ozma@lemmy.world to World News@lemmy.worldEnglish · 20 hours agoEuropean stocks tank 6% at open as global tariff rout deepenswww.cnbc.comexternal-linkmessage-square42fedilinkarrow-up1249arrow-down12
arrow-up1247arrow-down1external-linkEuropean stocks tank 6% at open as global tariff rout deepenswww.cnbc.comreturn2ozma@lemmy.world to World News@lemmy.worldEnglish · 20 hours agomessage-square42fedilink
minus-squareRetroGradeBE@lemmy.worldlinkfedilinkEnglisharrow-up6·11 hours agoCould be even worse now, because in the 2008 financial crisis the US government was actively combatting the crisis by putting trillions of dollars in the economy. In this case it’s the US gov driving the madness.
minus-squareNot_mikey@slrpnk.netlinkfedilinkEnglisharrow-up1·11 hours agoAnd the fed probably won’t let the government dump money into the system because there gonna be afraid of these tarriffs causing inflation.
Could be even worse now, because in the 2008 financial crisis the US government was actively combatting the crisis by putting trillions of dollars in the economy. In this case it’s the US gov driving the madness.
And the fed probably won’t let the government dump money into the system because there gonna be afraid of these tarriffs causing inflation.