“'In economic terms, it makes no sense at all,' said Jordi Gual, the former chair of CaixaBank, Spain’s largest domestic lender, who is now an economics professor at IESE business school in Barcelona. 'It is hugely problematic, because we go back to a level we hadn’t seen since the 1930s.'”
~Heather Stewart and Richard Partington
#Trump #tariffs #economy #crash #StockMarket #recession #inflation #destruction
/8
https://www.theguardian.com/business/2025/apr/04/trump-tariffs-in-economic-terms-it-makes-no-sense-at-all
William Lindsey :toad: /
npub1jr…q6weg
2025-04-05 13:41:26
in reply to nevent1q…wv5a
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