If you listen closely, you may be able to hear them. Lamestream media has used a fairly ‘light dose’ of Smoot-Hawley being replayed in Trade Wars. But, there are other – more subtle – things to be watching now.
Because, you see, it’s not just important to understand the generalized risk of a Second
Depression. It’s also important to “get the timing right.” Too early and you can lose a pile of dough. Too late, though, and that’s just as bad.
Leaves us with the “Thinking Person’s” task: Are we on a Replay of 1929? And if so, were exactly are we?
We won’t get it all right. But at least we will have a closer eye on the development storm than the Johnny-come-latelies who will be along shortly.
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