Pooria Madani 🇨🇦

@pooriamadani.bsky.social

Tariffs did not cause the Great Depression, but they worsened it. Triggered by the 1929 stock market crash, banking failures, and reduced spending, the Great Depression (1929-1939) was exacerbated by the Smoot-Hawley Tariff Act of 1930, which escalated a global trade war. Best wishes for my folks 🇨🇦