Why Tariff Alarmists Are Dead Wrong
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Marshall Masters
May 3, 2025, 8:03:15 PMMay 3
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I see people panicking about the tariff and what will be available in the stores. OMG, it’s toilet paper 101 all over again. Folks, if you understand the basics, tariffs decoupling from China is a Godsend, so let’s get into it.
This is a period of transition, and it will hurt the Chinese 100X times more than us. Our own Great Depression, which began in 1929, proves that.
What caused it was that after WWI, the French and British were getting massive reparations from the Germans and buying American goods. Hence, America became the China of today, an export economy holding a lot of foreign debt.
This is a period of transition, and it will hurt the Chinese 100X times more than us. Our own Great Depression, which began in 1929, proves that.
What caused it was that after WWI, the French and British were getting massive reparations from the Germans and buying American goods. Hence, America became the China of today, an export economy holding a lot of foreign debt.
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