Looks like we might be able to add what was pointed out as a...

  1. 1,355 Posts.
    Looks like we might be able to add what was pointed out as a difference between 1929 and Today "Closure of Barriers to Trade" as now a "Similarity between 1929 and today", if Obama's Bill gets passed:

    US-EU trade war looms as Barack Obama bill urges 'Buy American'

    The prospect of a trade war between the US and Europe is looming after "Buy American" provisions were added to President Barack Obama's $820 billion (£573 billion) stimulus package.

    The similarities are narrowing there are now only 3 differences being:

    1. Decrease in Money Supply vs. Government Bailouts

    2. Gold Standard vs. $US

    3. Lack of Government Spending (this is yet to be proposed - time will tell)
 
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