An attendee holds a placard during a rally with US President Donald Trump in Ohio, on August 4, 2018, when Trump defended his use of tariffs that have inflamed tensions with China and Europe, telling an audience of supporters that playing hardball on trade is "my thing". Photo: Bloomberg
Qian Liu
Opinion

Opinion

Qian Liu

A 1930s president set tariffs to put America first, then a world war broke out: is history repeating itself now?

  • Qian Liu says policymakers have sown the seeds of another economic meltdown because they went for a quick fix to the 2008 global financial crisis
  • Wealth and income inequality are at historically high levels, and might precede crises as severe as the Great Depression and the second world war

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An attendee holds a placard during a rally with US President Donald Trump in Ohio, on August 4, 2018, when Trump defended his use of tariffs that have inflamed tensions with China and Europe, telling an audience of supporters that playing hardball on trade is "my thing". Photo: Bloomberg
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