European stocks close 4.5% lower as global markets seesaw on tariff uncertainty
www.cnbc.com
European stocks were volatile on Monday, eventually closing sharply lower as investors digested fresh news on U.S. tariffs.
  • RetroGradeBE@lemmy.worldEnglish
    8·
    1 year ago

    Could be even worse now, because in the 2008 financial crisis the US government was actively combatting the crisis by putting trillions of dollars in the economy. In this case it’s the US gov driving the madness.

    • Not_mikey@slrpnk.netEnglish
      1·
      1 year ago

      And the fed probably won’t let the government dump money into the system because there gonna be afraid of these tarriffs causing inflation.