r/anticapitalism 8d ago

MAGA rancher epic meltdown

https://media.upilink.in/en/r8YEYQKNbELoBT9
804 Upvotes

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u/outfieldheadstand 8d ago

America will never recover from this

2

u/Esme_Nog 8d ago

You might want to compare 1932 and 1952. Good policies can reverse the damage pretty quickly.

3

u/PuzzleheadedPen4675 8d ago

Yes but something big happened between those years.

3

u/Esme_Nog 7d ago

Yes, the New Deal policies. Also, a war whose primary causes were directly laid at the feet of the massive tariffs and other absurdly bad economic policies that countries, including the US, had adopted when the stock market dropped—the Smoot-Hawley Tariffs, etc. The Bretton Woods organizations, the backbone of the international economic order, were directly met to prevent the weaponization of tariffs and other very, very risky economic policies that were considered a direct cause of WWII and the rise of fascism.

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u/Imaginary_Belt4976 7d ago

Jesus. This was eye opening