Morgan Stanley evokes the Great Depression in a recent note"Morgan Stanley, one of many global financial leaders warning of the potential for fallout, went as far as to evoke the Great Depression in a recent note to clients. The protectionist culture permeating trade behavior reminds the firm of the downward spiral that worsened the massive economic meltdown that rocked the US economy almost a century ago."
https://www.businessinsider.com/trump-trade-war-great-depression-similarities-economic-slowdown-morgan-stanley-2018-8?r=below-article-promo-jc
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