RandAlThor@lemmy.ca to Canada@lemmy.ca · 8か月前Bank of Canada governor: Trump’s tariffs creating once-in-a-century economic shockwww.politico.comexternal-linkmessage-square6linkfedilinkarrow-up163arrow-down10cross-posted to: world@lemmy.world
arrow-up163arrow-down1external-linkBank of Canada governor: Trump’s tariffs creating once-in-a-century economic shockwww.politico.comRandAlThor@lemmy.ca to Canada@lemmy.ca · 8か月前message-square6linkfedilinkcross-posted to: world@lemmy.world
minus-squareRentlar@lemmy.calinkfedilinkarrow-up27·edit-28か月前 dotcom crash subprime mortgage crisis covid crisis
minus-squarewise_pancake@lemmy.calinkfedilinkarrow-up15·8か月前I think this will be more like the mortgage crisis. When that happened trillions of dollars that never existed finally went poof. With tariffs trillions of dollars in efficiency and infrastructure around the world will just disappear.
minus-squarehuppakee@lemm.eelinkfedilinkarrow-up4·8か月前Was what you call the subprime mortgage crisis what happened in 2008 or so?
minus-squarehuppakee@lemm.eelinkfedilinkarrow-up4·8か月前Thanks wasn’t sure, Europe had a buy 1 get 1 free because it made the euro unstable since not all countries fell equally hard after the “poof”.
I think this will be more like the mortgage crisis.
When that happened trillions of dollars that never existed finally went poof.
With tariffs trillions of dollars in efficiency and infrastructure around the world will just disappear.
Was what you call the subprime mortgage crisis what happened in 2008 or so?
Yes
Thanks wasn’t sure, Europe had a buy 1 get 1 free because it made the euro unstable since not all countries fell equally hard after the “poof”.