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Hanke warns markets mirror 1930s Smoot-Hawley collapse… “We’ve seen this movie before”

The financial markets are starting to resemble the 1930s Smoot-Hawley tariff era. WE'VE SEEN THIS MOVIE BEFORE. If the markets do not change, we're in for a lot of trouble. More in my debate with UChicago Prof. Tomas Philipson on @AlArabiya_Eng: pic.twitter.com/SDuyYILkxb — Steve Hanke (@steve_hanke) April 12, 2025 Right now we have the highest …

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