Trade wars getting nasty

Just in case our markets weren’t already corrupt and inefficient enough, protectionism is skyrocketing across the globe. So on top of our horrific debt problems and morally bankrupt bailouts, we’re starting to see tariffs and “buy at home” movements accelerate.

Note to Governments: YOU CAN STOP HELPING NOW. Greatest depression, here we come. Here are some recent stories demonstrating how screwed we are:

• Krugman advocates a “carbon tariff” on Chinese imports – WSJ
• Trade wars brewing between US and Canada – Washington Post
• Protectionism run amok – Globe and Mail
• Bill unveiled to punish Chinese for undervalued Yuan – Marketwatch
• Protectionism equals global depression – Outsourced Logistics