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.

  • Tinidril@midwest.social
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    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.