Summary

Trump’s campaign warnings of an economic crash under Kamala Harris have resurfaced as markets plunge under his own administration.

In 2024, Trump predicted a “1929-style depression” if Harris won. Now, following his April 2 “Liberation Day” tariff hikes, global markets are collapsing.

The Dow fell nearly 350 points, while major international indices dropped 8–13%. Critics call the crash ironic and self-inflicted, with “every accusation is an admission” trending online.

Economists warn Trump’s trade war and unilateral tariffs could trigger the very recession he once forecasted under Democrats.

  • TheLowestStone@lemmy.world
    link
    fedilink
    arrow-up
    69
    arrow-down
    6
    ·
    6 days ago

    The number of people who believe they have the moral high ground because they “didn’t vote for genocide” would be funny if it wasn’t for all of the genocide going on.

    • JeeBaiChow@lemmy.world
      link
      fedilink
      arrow-up
      35
      ·
      6 days ago

      What? They assured me the candidates were equivalent! I mean, a cucumber is equivalent to a rotting corpse, isn’t it?

    • Tinidril@midwest.social
      link
      fedilink
      English
      arrow-up
      14
      arrow-down
      48
      ·
      6 days ago

      Maybe the people committing a genocide while trying to defeat a fascist in an election should have thought of that. Seriously, unless you also spread the blame to the Biden/Harris campaign, you are being pro-genocide yourself.

      • TheLowestStone@lemmy.world
        link
        fedilink
        arrow-up
        39
        arrow-down
        6
        ·
        6 days ago

        They ran a terrible campaign and spent way too much time courting the right and parading out war criminals as allies. They almost definitely would not have done anything meaningful to stop the genocide in Gaza. Feel better now?

        You shouldn’t because the current regime is accelerating that genocide, starting their own genocide of trans people, disappearing legal residents, destabilizing the global economy, dismantling our educational systems, and toying with the idea of World War 3. Before you shriek “BOTH SIDES” again, maybe ask yourself if Harris would be threatening to invade Greenland right now. You also need to recognize that until our entire electoral system changes, not voting for the lesser evil is often equivalent to voting for the greater evil.

        • Tinidril@midwest.social
          link
          fedilink
          English
          arrow-up
          10
          arrow-down
          30
          ·
          6 days ago

          Feel better now?

          Why the fuckity fuck would I feel better? You are reading something into my post that just ain’t there.

          Before you shriek “BOTH SIDES” again

          Read my post and tell me where I said any such thing, nevermind shrieking it, oh, and stop being a twat. This bullshit is just as bad as the thought terminating cliches of the right.

          I voted for Harris. I also knew that the “we are a bit less fascist” narrative would never drive turnout as well as the “we are the good guys” narrative because I’m a fucking adult who lives in the real world. I was there for Harris and she failed me.

          Note that I argued that the Democratic politicians should be blamed TOO. Yes, voters fucked up badly. Yes, this regime is a nightmare. I never denied either. However, getting votes is the job of a politician, and not committing genocide is the job of everyone.

          • TheLowestStone@lemmy.world
            link
            fedilink
            arrow-up
            19
            arrow-down
            5
            ·
            5 days ago

            Read my post and tell me where I said any such thing, nevermind shrieking it, oh, and stop being a twat.

            Right here:

            Seriously, unless you also spread the blame to the Biden/Harris campaign, you are being pro-genocide yourself.

            • Tinidril@midwest.social
              link
              fedilink
              English
              arrow-up
              8
              arrow-down
              12
              ·
              edit-2
              5 days ago

              Spreading the blame for losing between American voters and Democratic politicians somehow equates Democrats and Republicans? Connect the dots for me.

              • TheLowestStone@lemmy.world
                link
                fedilink
                arrow-up
                3
                arrow-down
                1
                ·
                5 days ago

                No thanks. I’ve had a really long day and you haven’t said anything interesting so I don’t feel the need to continue to engage with you.

                • LadyAutumn@lemmy.blahaj.zone
                  link
                  fedilink
                  English
                  arrow-up
                  1
                  arrow-down
                  4
                  ·
                  5 days ago

                  🙄 strawmanned the hell out of every word the other poster said, but then decide you’ve had enough and dipped.

                  Punch up for once. Hold your politicians accountable for committing acts of genocide. Biden and Harris weren’t the only democrats vocally cheering on the mass bombing of Palestinian children, there are plenty still doing it now. All you want to do is punch down on anti-genocide protestors. Remarkably like those same democrats.

        • Tinidril@midwest.social
          link
          fedilink
          English
          arrow-up
          4
          arrow-down
          9
          ·
          5 days ago

          If you didn’t know Netanyahu was on the ballot then you need to get your head out of your ass. Regardless, Biden shipped the weapons, participated in the coverup, and started the crackdown on free speech on college campuses. If someone gets killed in the commission of a crime, we charge everyone involved with that murder - even if they only supplied the weapons.

          • Cornelius_Wangenheim@lemmy.world
            link
            fedilink
            arrow-up
            5
            arrow-down
            1
            ·
            edit-2
            4 days ago

            Huh, let me check the ballot again. Nope, Netanyahu was not on it in 2024. It doesn’t look like he got a single vote.

            I did find 2 candidates who both wanted to remain allied to a rather odious country known for human rights abuses and bombing large numbers of civilians. I’m talking about Saudi Arabia, of course.

            • Tinidril@midwest.social
              link
              fedilink
              English
              arrow-up
              2
              arrow-down
              5
              ·
              edit-2
              4 days ago

              You know this isn’t Reddit, right? You and your fellow bots can downvote me all you want. I won’t miss the karma.

            • Tinidril@midwest.social
              link
              fedilink
              English
              arrow-up
              0
              arrow-down
              6
              ·
              4 days ago

              So, I’m supposed to believe that you have no idea how “on the ballot” is regularly used in politics to refer to something that is not literally written there? Please. There is no way you are that obtuse.

              As for Saudi Arabia, sure. It’s not what we were discussing, but all the problems I have with Israel can easily apply in some form to Saudi Arabia, with one exception. Support for SA was not polling in a way that was a concern for the election - which is the topic we were discussing. (Well, what everyone else was discussing. I don’t know what the hell you are doing.)

              • Cornelius_Wangenheim@lemmy.world
                link
                fedilink
                arrow-up
                2
                ·
                edit-2
                4 days ago

                Perhaps you should ask why people didn’t give a shit when the US was supporting SA in Yemen but suddenly cared deeply when it was lose-lose for Democrats. Why did Netanyahu refuse to sign a ceasefire until after the election? Why was no one calling Trump Genocide Don back when SA was bombing Yemen or now that he’s announced plans to ethnically cleanse Gaza?

                As for what I’m doing, I have zero desire to rehash the same script again and again.

                • Tinidril@midwest.social
                  link
                  fedilink
                  English
                  arrow-up
                  1
                  arrow-down
                  2
                  ·
                  4 days ago

                  I just said that I have the same problems with SA that I do with Israel. If you don’t want to rehash things, you have a weird way of showing it. The fact that there are reasons why one impacted the election and the other didn’t, and the fact that Israel was intentionally manipulating our election were undiscussed, but don’t contradict what I was saying.

                  Public support for Israel in Gaza had dropped to around 60% long before the election, despite both parties and the media constantly glazing Netanyahu. Imagine how low it would have dropped if Democrats had a backbone and actually acted like leaders. That was the path to overcome Netanyahu’s interference - not to mention avoiding participation in a genocide.

                  When leaders lead, people follow. Republicans don’t twist their positions into pretzels looking for a path to appeal to 51% of the electorate. They tell people what to believe, and they do it with conviction. Most of the population wants that, even if they won’t admit it. That’s why Democrats are so universally dispised, even by their voters.

        • Tinidril@midwest.social
          link
          fedilink
          English
          arrow-up
          10
          arrow-down
          6
          ·
          5 days ago

          Maybe explain it to me. Explain how politicians doing things they know will hurt their chances don’t share responsibility when they lose to a fascist.

          American voters get a lot of shit, and most of it is deserved, but they aren’t all that different from people everywhere. If liberalism accurately captures anything it’s that society is a system of inputs and outputs. Liberals get that there is no conflict between crime being a matter of individual choices and a result of societal factors. Elections are the same thing.

          Yes, I do blame disengaged and uneducated voters for the state we are in, but that doesn’t absolve the politicians (Republicans and Democrats in different ways and to different measures) for the outcome we are living through.