ilmscore | Prediction Details
"Smoot holy was these tariffs that were implemented back the the tariff act back in the 1930s. Yeah. And this uh led many many most seem to think and most economists and most the consensus is they led to the great depression. Although I think what's Trump's angle is that well so the great depression had started 8 months before the tariffs were were enacted but the I think the consensus among economists now is that they you know they made the great depression a lot worse like it lasted for longer than it would have done."
By Coin Bureau | April 7, 2025 | Pending
From video
Crypto News: Bitcoin Breaking, Trump Trauma, Tariff Crash & More 00:21:26 - 00:21:58
Interpreted Prediction
The Smoot-Hawley tariffs of the 1930s are widely believed by economists to have worsened and prolonged the Great Depression, even though it had begun before their enactment.

Prediction Details

Topic
Global Trade

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.