Trump forecasted a “GREAT DEPRESSION OF 2024, NOT TO MENTION THE PROBABILITY OF WORLD WAR III” if Harris were elected, labeling the Biden-Harris administration as “VERY STUPID PEOPLE” and telling his followers, “REMEMBER, TRUMP WAS RIGHT ABOUT EVERYTHING!!!”
Donald Trump has called the current stock market crash: KAMALA CRASH
8/5/2024
On Monday, Trump referred to the global market downturn—triggered by a worse-than-expected July jobs report that raised recession fears—as the “Kamala Crash” in several Truth Social posts, attributing the decline to her candidacy and the Biden-Harris administration.
“Of course there is a massive market downturn. Kamala is even worse than Crooked Joe,” Trump wrote.
On Sunday, Trump declared “STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE. BIDEN IS SOUND ASLEEP”—stocks also experienced a major decline on Friday, immediately following the release of the jobs report.
TANGENT
Trump frequently credits himself for positive stock market movements, even long after his presidency, and blames his political opponents for negative trends. When stock indexes reached record highs in January, Trump attributed the gains to his polling performance, writing on Truth Social: “THIS IS THE TRUMP STOCK MARKET BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP.”
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