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.

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

    Bribed them to follow established policy,? Nope, but you’re naive if you believe any politician would have done any different when weighing options against political investment. I do believe it was Israel itself that was pushing the narrative that Biden was committing these acts to divorce their own involvement after the initial topic was broached. The investment in resources into Israel for decades to have at least a semblance of a foothold into a very politically volatile and traditionally unstable region seemed like something that couldn’t be thrown away because back in those days (before the current administration) I believe that the politicians were still banking on using America’s stability to try to calm the aggressions and not completely lose the investment that had already been dumped in over the past several administrations. All of the politics behind it really don’t matter at this point anymore, because nobody could possibly still see this country as a stable political force again for at least another 40 years (if we were to suddenly get a competent leader all of a sudden.)

    /Imho