President Donald Trump’s tariff bomb blew up Wall Street like the 1987 Black Monday crash — but what if there’s a method to the madness?
I’m not talking 9-D Vulcan laser chess here, but maybe an escape hatch from a sinking ship. Even if the escape itself is on fire.
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The last few days and Black Monday are alike only in their scale. 1987 was largely driven by internal factors like program trading and happened in just one day. The current collapse was engineered — although some would say it was more of a bull-in-a-China-shop event — by the White House and unrolled over days. Also, it might be that the worst of the bloodshed has already been stanched if today’s early returns
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