Smoot-Hawley Strikes
In 1930, fear birthed protectionism. Smoot-Hawley didn’t prevent collapse: it deepened it. Trade died, trust eroded, and the system cracked from within.
Smoot-Hawley Strikes.
CACHE256 | JUN 03, 2025
The markets fell.
Fear rose.
So the tariffs came.
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Protect the local.
Punish the global.
Close the gates.
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Retaliation followed.
Trade died.
Unemployment surged.
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A depression turned systemic.
Because policy chased illusion.
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Economic power doesn’t collapse.
It withers through isolation.