On: Tariffs Won't Work, Just as McKinley's Didn't

[JumpCrisscross]

> Will the data matter? Probably not.

We reversed on Smoot-Hawley in a few years. I expect the same this time. If you have capital, there will be a lot of agricultural and manufacturing assets in distress. If you don’t, I guess get some? (I’m putting aside cash to buy farmland.)

[toomuchtodo → JumpCrisscross]

Good advice. "Buy when there is blood in the streets." And there will be blood.