Nonetheless, banks failed, markets stayed depressed, etc. (suggested these efforts may not have worked)
Countries reacted by becoming increasingly protectionist
Also lead to a rise in populism (Hitler & Mussolini)
Tariffs enacted ended up making the depression worse
Warnings and Disclaimers
The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.