It appears the world is getting the message that Kamala Harris is going to be the next US President and in response global markets are melting down.
It appears your trolling is very transparent in this instance…..I thought you were a better troll than this.
“As
global stock markets were rocked by a steep sell-off Monday, former President Donald Trump is using the downtown as the latest line of attack against his new Democratic rival, Vice President Kamala Harris.
"Of course there is a massive market downturn," Trump
wrote on Truth Social on Monday morning as part of a series of posts attacking Harris. "Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can't play games with MARKETS. KAMALA CRASH!!!"
He'd repeat that last catchphrase three more times.
Monday's downturn in the US comes after a global rout that began late last week, following a
plunge in tech stocks and a weaker-than-expected jobs report.
Trump has long tied his political fortunes to the whims of the stock market — something presidents have little to no control over.
And it's worth noting: Harris isn't the president.
In January, when the S&P 500
reached an all-time high during Joe Biden's presidency, Trump tried to take credit for the market rise.
"THIS IS THE TRUMP STOCK MARKET," the former president
wrote on Truth Social at the time, claiming that investors were anticipating a Trump victory. "INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP."
https://www.businessinsider.com/donald-trump-kamala-harris-stock-market-downturn-attack-2024-8
Donald Trump is posting a new nickname for Kamala Harris, desperately trying to make it catch on.
newrepublic.com
“STOCK MARKETS CRASHING. I TOLD YOU SO!!!” wrote the former president and convicted felon. “KAMALA DOESN’T HAVE A CLUE. BIDEN IS SOUND ASLEEP. ALL CAUSED BY INEPT U.S. LEADERSHIP!”
In reality, there’s no way that the poor performance of the stock market can be placed squarely on Biden or Harris. There seem to be plenty of reasons for the crash, including a
disappointing jobs report and concern that the Federal Reserve
didn’t lower interest rates fast enough. Some are blaming the
Bank of Japan hiking interest rates, while still others are
blaming the hasty move to invest in artificial intelligence and other technologies without proof of their value. But many economic experts say that the U.S economy remains strong.
“Of course there is a massive market downturn. Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole,” wrote Trump on Truth Social,
whose value has also been tanking. “Next move, THE GREAT DEPRESSION OF 2024! You can’t play games with MARKETS. KAMALA CRASH!!!”
Under President Joe Biden, real wages
have rebounded since the pandemic and
overall job growth has improved greatly. In June, 16 Nobel Prize–winning economists
warned that reelecting Trump would reignite inflation.
But perhaps Trump’s meltdown isn’t about the economy at all, and instead is just a failed attempt to get a derogatory nickname for Harris to stick”.
Sixteen economists predict that a second Trump term would cause inflation to skyrocket.
newrepublic.com
“Donald Trump’s reelection would “reignite” inflation, according to 16 Nobel Prize–winning economists who wrote an
open letter warning of his dangers to the economy.
“While each of us has different views on the particulars of various economic policies, we all agree that Joe Biden’s economic agenda is vastly superior to Donald Trump,” the economists wrote. Their letter backs up something that Biden has been touting throughout the campaign: He’s
better for the economythan the
convicted felon and former president.
“We believe that a second Trump term would have a negative impact on the U.S.’s economic standing in the world, and a destabilizing effect on the U.S.’s domestic economy,” the economists’ letter states.
“Many Americans are concerned about inflation, which has come down remarkably fast. There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets,” they added.
The data supports the economists, as well as Biden. An analysis Monday found that Trump increased the
national debt twice as much as Biden during his time as president, even after taking Covid-19 relief into account. Trump has also been criticized for
proposing a revival of tariffs, which effectively would put a greater burden on the lower 10 percent of earners in the United States. The Republican Party continues to tout its age-old support of “
trickle-down economics,” which only benefits the wealthy. Meanwhile, Biden’s economic successes haven’t gotten much media attention, with Trump even
taking credit for them“.
