return2ozma@lemmy.world to World News@lemmy.worldEnglish · 6 days agoEuropean stocks tank 6% at open as global tariff rout deepenswww.cnbc.comexternal-linkmessage-square52fedilinkarrow-up1299arrow-down13
arrow-up1296arrow-down1external-linkEuropean stocks tank 6% at open as global tariff rout deepenswww.cnbc.comreturn2ozma@lemmy.world to World News@lemmy.worldEnglish · 6 days agomessage-square52fedilink
minus-squareRetroGradeBE@lemmy.worldlinkfedilinkEnglisharrow-up8·5 days 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-up1·5 days 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.