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Is It 1930 All Over Again?

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Hello 1930

We really do not like this narrative—"the political landscape is just like the 1930's - we are heading towards fascism"—which MSM, especially in Europe, but to a certain extent also in the US, has been peddling. Because it is just not true. However, this morning we are hit by a number of 1930-comparisons in the financial markets. It is "The Roaring 20's" but not as we wanted it....

First out is Deutsche Bank: "Average US tariff rate moving towards early 20th century levels"

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