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A crowd of men in 1930 wearing jackets and hats.

U.S. tariffs are throwing economies across the globe into disarray, just as they did in 1930, but lessons from the past could keep the world from tipping into a second Great Depression.

Lessons From the 1930s on Avoiding a Second Great Depression

Lessons From the 1930s on Avoiding a Second Great Depression | RANE

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United States

Economics

Global Trade

Politics

U.S. reciprocal tariffs risk causing a major loss of global economic confidence and an economic downturn. However, the experience of the 1930s, if heeded by policymakers outside the United States, will help the world economy avoid a prolonged slump akin to the Great Depression. 

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Lessons From the 1930s on Avoiding a Second Great Depression

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