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Posted: 12/30/2023 4:46:47 PM EDT
Donald Trump: ‘Depression like 1929 looms if I don’t win’
PALM BEACH, Florida — Former President Donald Trump told Breitbart News exclusively on Thursday evening that if he does not win the 2024 presidential election, he expects the nation’s economy will spiral into a “depression” like the 1929 “Great Depression.” Trump, who sat with Breitbart News for more than two hours on Thursday evening at his Mar-a-Lago resort, also said during the interview that recent stock market gains are happening because the polls show him leading Democrat President Joe Biden significantly and that people are betting on a Trump victory in November. “I think if I don’t win, we’re going to have a depression like 1929,” Trump told Breitbart News. “I think the reason the stock market is up is because if you look at the polls, people say I’m going to win. Biden is getting lucky in that regard. I had a phenomenal stock market. Everything was good about our economy. We had no inflation.” |
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Stupid thing for Malevolent Sunkist Entity to say.
First it's been on life support (TARP/QE) since 2008. Second, it's inevitable that it will crash. Fiat currency fractional reserve banking leads only to crack-up/boom anyway. Third, everything we can do to drive the players out of the casino (in this case the dollar & SWIFT) is being done. Confiscation of Russian funds is just the latest. ETA: Fourth it will be greater than the Great Depression b/c the players that caused 2008 TARP/QE leveraged even more in the years since them. One goes globally and they all go since they're incestuously tied together. If you read https://thegreattaking.com/ or listened to the free U-toob, you'll understand how Satan Klaus (W.E.F.) can say, "You'll own nut'n and you'll be (un)happy." Be on the right side of weiji. End bancos los federales before bancos los federales ends you. Nyet to SeeBeeDeeSee. |
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Whats he gonna do print 6 trillion dollars out of thin air again?
Best economy ever! |
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Quoted: Donald Trump: ‘Depression like 1929 looms if I don’t win’ PALM BEACH, Florida — Former President Donald Trump told Breitbart News exclusively on Thursday evening that if he does not win the 2024 presidential election, he expects the nation’s economy will spiral into a “depression” like the 1929 “Great Depression.” Trump, who sat with Breitbart News for more than two hours on Thursday evening at his Mar-a-Lago resort, also said during the interview that recent stock market gains are happening because the polls show him leading Democrat President Joe Biden significantly and that people are betting on a Trump victory in November. “I think if I don’t win, we’re going to have a depression like 1929,” Trump told Breitbart News. “I think the reason the stock market is up is because if you look at the polls, people say I’m going to win. Biden is getting lucky in that regard. I had a phenomenal stock market. Everything was good about our economy. We had no inflation.” View Quote You and Congress got the inflation ball rolling faster, Don. Congress and FJB kept it going. |
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His pandemic response is a big reason for the current situation.
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Personally after this last run up in the S&P, I’m on the sidelines
I was 80% in Given an election year, general communism and the market being oversold not to mention geopolitical issues… Now I’m gonna be 30% in( mostly small caps), 30%cash, 10% BTC and 30% split between 1 and 2 year bonds |
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doesn't matter who the president is as long as the federal reserve keeps tapping the keyboard.
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He’s right. But I’m starting to wonder if its time to let the house of cards fall.
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I think you'll find that the fumes the economy is running on is T. Swift farting into a microphone.
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The problem with the economy is the government isn't spending enough and interest rates aren't low enough. Trump has a proven track record of running the largest budget deficits in US history and knows in order to keep the economy going we have to GO BIG on stimulus and add even more to the debt. Our current $2 trillion budget deficits aren't cutting it. He'll appoint a Fed chair who will hopefully give us negative interest rates so we can have a very strong prosperous country! Trump can break partisan lines and get republicans on board with even larger budget deficits
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Quoted: His pandemic response is a big reason for the current situation. View Quote No, it was baked into the cake in 1913. Thank Woody Wilson. Quoted: Lol. Funny hearing him talk about inflation when he’s the one who started it. View Quote No, he continued what was started when we went strictly on a fractional reserve banking system. Quoted: Trump 2024 NODS ain't cheap! Gimmie dat stimmie View Quote There is no going back to normal. However, if we reject SeeBeeDeeSee, we can shorten the recovery period. |
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Doesn't matter what is true. What matters is what the Market believes is true.
The value of my accounts plummeted between when Biden was elected and when he took office. |
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The delusions of an early onset dementia patient circling the drain.
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It's running on the trillions of new dollars poured into the economy.
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Trump has been the best president in recent times.
You N_T's enjoying FJB? You guys like the wide open border? Bidenflation? TDS on full display. |
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Quoted: The problem with the economy is the government isn't spending enough and interest rates aren't low enough. Trump has a proven track record of running the largest budget deficits in US history and knows in order to keep the economy going we have to GO BIG on stimulus and add even more to the debt. Our current $2 trillion budget deficits aren't cutting it. He'll appoint a Fed chair who will hopefully give us negative interest rates so we can have a very strong prosperous country! Trump can break partisan lines and get republicans on board with even larger budget deficits View Quote Populism is inherently an economically liberal proposition. That's the move Trump made to pull in blue collar unions and minorities, and what created the schism with the economic/defense/liberty conservatives. The base becomes the leader, just like the neocon majority when W was in office, we're now a party that's majority populist. Civilization is in the slow process of collapsing, there were lots of critical points along the way, from 1913 to 1990 to 2008 to 2020. 2008 did enormous damage to capitalism, and what happened during Covid was essentially a repeat. Nobody has any credibility anymore, that's a symptom. |
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I don’t know. There’s been enough damage by Biden and his buddies, Obama etc, that fixing things won’t be easy and tough economic times might be ahead even if he wins.
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Quoted: Populism is inherently an economically liberal proposition. That's the move Trump made to pull in blue collar unions and minorities, and what created the schism with the economic/defense/liberty conservatives. The base becomes the leader, just like the neocon majority when W was in office, we're now a party that's majority populist. Civilization is in the slow process of collapsing, there were lots of critical points along the way, from 1913 to 1990 to 2008 to 2020. 2008 did enormous damage to capitalism, and what happened during Covid was essentially a repeat. Nobody has any credibility anymore, that's a symptom. View Quote View All Quotes View All Quotes Quoted: Quoted: The problem with the economy is the government isn't spending enough and interest rates aren't low enough. Trump has a proven track record of running the largest budget deficits in US history and knows in order to keep the economy going we have to GO BIG on stimulus and add even more to the debt. Our current $2 trillion budget deficits aren't cutting it. He'll appoint a Fed chair who will hopefully give us negative interest rates so we can have a very strong prosperous country! Trump can break partisan lines and get republicans on board with even larger budget deficits Populism is inherently an economically liberal proposition. That's the move Trump made to pull in blue collar unions and minorities, and what created the schism with the economic/defense/liberty conservatives. The base becomes the leader, just like the neocon majority when W was in office, we're now a party that's majority populist. Civilization is in the slow process of collapsing, there were lots of critical points along the way, from 1913 to 1990 to 2008 to 2020. 2008 did enormous damage to capitalism, and what happened during Covid was essentially a repeat. Nobody has any credibility anymore, that's a symptom. I think he was being sarcastic. I mean he could have been serious; after all satire is impossible. Then again maybe he was serious and you’re the one engaging in satire. Honestly, it’s all so confusing anymore. |
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He thinks the market is up because he's up in some polls about an election a year from now?
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Quoted: His pandemic response is a big reason for the current situation. View Quote He has no choice. Do nothing while the media scared the shit out of the sheep with death toll charts on the news? He would have been skewered alive. Print more money and give it to the masses? Congress controls the purse. He had no choice. It doesn’t matter, it’s the fed’s shareholders money and we’ll be moving to a new currency soon anyway, probably backed by gold/silver. |
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Quoted: An 80 year old liberal, anti-gun, big spending yankee. It's the same thing. View Quote View All Quotes View All Quotes |
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He’s partially right but I think it’s too late to stop what’s coming. He might buy us a little more time before the inevitable collapse.
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He’s good at tricking people….other side of the coin to Biden.
Both sinking this country. |
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Quoted: He's not. Newsom gets the nod and wins and the economy is fucked. Like really fucked. Like war and pestilence fucked. View Quote |
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Quoted: He's partially right but I think it's too late to stop what's coming. He might buy us a little more time before the inevitable collapse. View Quote @CastleBravo91 |
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Quoted: He's not really wrong. View Quote Lol. He cant save us either. Can't stop what's coming. I say let it fucking come.in my time so.my grandkids don't have to deal with the mess I am partly responsible for since I helped selfishly kick the can down the road like everyone else. Fuck it. Bring the pain now. I am firmly in the let's get it in with 2024 camp though. You guys need to stop thinking a single man can save us. I know people want their messiah's but it ain't happening. No one is going to save you. The problem is almost a century old in the making. It's coming. |
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Has Trump really ever said anything about monetary policy other than to say the democrats suck? No talk of upping rates and cutting the printing of money?
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