this post was submitted on 16 Apr 2025
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[–] wise_pancake 15 points 5 days ago (1 children)

I think this will be more like the mortgage crisis.

When that happened trillions of dollars that never existed finally went poof.

With tariffs trillions of dollars in efficiency and infrastructure around the world will just disappear.

[–] [email protected] 4 points 4 days ago (1 children)

Was what you call the subprime mortgage crisis what happened in 2008 or so?

[–] wise_pancake 5 points 4 days ago (1 children)
[–] [email protected] 4 points 4 days ago

Thanks wasn't sure, Europe had a buy 1 get 1 free because it made the euro unstable since not all countries fell equally hard after the "poof".