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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.”
Link Posted: 12/30/2023 4:56:51 PM EDT
[#1]
He's not really wrong.
Link Posted: 12/30/2023 4:58:44 PM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote



I dunno,  he seems overly optimistic that's not gonna before he'd ever be sworn in or not so far gone he can do literally nothing.   Market psychology can only deny reality so long and we've been denying reality most of my adult life.
Link Posted: 12/30/2023 4:58:50 PM EDT
[#3]
I don't doubt it .
Link Posted: 12/30/2023 4:59:42 PM EDT
[#4]
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.
Link Posted: 12/30/2023 4:59:57 PM EDT
[#5]
Link Posted: 12/30/2023 5:01:04 PM EDT
[#6]
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.
Link Posted: 12/30/2023 5:01:09 PM EDT
[#7]
His pandemic response is a big reason for the current situation.
Link Posted: 12/30/2023 5:01:36 PM EDT
[#8]
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
Link Posted: 12/30/2023 5:01:37 PM EDT
[#9]
doesn't matter who the president is as long as the federal reserve keeps tapping the keyboard.
Link Posted: 12/30/2023 5:01:38 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Whats he gonna do print 6 trillion dollars out of thin air again?

Best economy ever!
View Quote


Lol.

Funny hearing him talk about inflation when he’s the one who started it.
Link Posted: 12/30/2023 5:01:44 PM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Whats he gonna do print 6 trillion dollars out of thin air again?

Best economy ever!
View Quote

My guess is he’d make us energy independent again and regain the energy export levels of 2019
Link Posted: 12/30/2023 5:01:51 PM EDT
[#12]
Trump 2024 NODS ain't cheap!

Gimmie dat stimmie
Link Posted: 12/30/2023 5:02:29 PM EDT
[#13]
He’s right. But I’m starting to wonder if its time to let the house of cards fall.
Link Posted: 12/30/2023 5:03:45 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
doesn't matter who the president is as long as the federal reserve keeps tapping the keyboard.
View Quote


This.
Link Posted: 12/30/2023 5:05:18 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote

LOL yes he is.
Link Posted: 12/30/2023 5:05:30 PM EDT
[#16]
I think you'll find that the fumes the economy is running on is T. Swift farting into a microphone.
Link Posted: 12/30/2023 5:06:49 PM EDT
[#17]
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
Link Posted: 12/30/2023 5:08:10 PM EDT
[#18]
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.
Link Posted: 12/30/2023 5:09:40 PM EDT
[#19]
Maybe he'll sign some more checks.
Link Posted: 12/30/2023 5:11:10 PM EDT
[#20]
I think it’ll happen either way
Link Posted: 12/30/2023 5:11:38 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote

Link Posted: 12/30/2023 5:15:18 PM EDT
[#22]
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.
Link Posted: 12/30/2023 5:16:14 PM EDT
[#23]
FPNI
Link Posted: 12/30/2023 5:16:16 PM EDT
[#24]
The delusions of an early onset dementia patient circling the drain.
Link Posted: 12/30/2023 5:16:59 PM EDT
[#25]
It's running on the trillions of new dollars poured into the economy.
Link Posted: 12/30/2023 5:18:03 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote


Except that it is likely to crash before the election.
Link Posted: 12/30/2023 5:19:39 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote

Trump can’t stop the economic avalanche that’s coming. In fact Trump himself helped pile it on.
Link Posted: 12/30/2023 5:27:39 PM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The delusions of an early onset dementia patient circling the drain.
View Quote


This thread is about Trump, not your boy Biden.  Pay attention.
Link Posted: 12/30/2023 5:29:05 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
doesn't matter who the president is as long as the federal reserve keeps tapping the keyboard.
View Quote

Link Posted: 12/30/2023 5:31:41 PM EDT
[#30]
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.

Link Posted: 12/30/2023 5:33:28 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote



He’s not. Newsom gets the nod and wins and the economy is fucked. Like really fucked. Like war and pestilence fucked.
Link Posted: 12/30/2023 5:37:33 PM EDT
[#32]
Is it the gummies making some folks memories delinquent?
Link Posted: 12/30/2023 5:37:34 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
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.
Link Posted: 12/30/2023 5:39:53 PM EDT
[#34]
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.
Link Posted: 12/30/2023 5:40:11 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
He's not really wrong.
View Quote

Attachment Attached File
Link Posted: 12/30/2023 5:41:01 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


This thread is about Trump, not your boy Biden.  Pay attention.
View Quote


An 80 year old liberal, anti-gun, big spending yankee.

It’s the same thing.
Link Posted: 12/30/2023 5:41:45 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
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
Discussion ForumsJump to Quoted PostQuote History
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.
Link Posted: 12/30/2023 5:43:39 PM EDT
[#38]
He thinks the market is up because he's up in some polls about an election a year from now?
Link Posted: 12/30/2023 5:46:08 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
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.



Link Posted: 12/30/2023 5:48:10 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


An 80 year old liberal, anti-gun, big spending yankee.

It's the same thing.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


This thread is about Trump, not your boy Biden.  Pay attention.


An 80 year old liberal, anti-gun, big spending yankee.

It's the same thing.
It doesn't matter, you're not voting for him anyway. You can write in deSantis if it makes you feel better.
Link Posted: 12/30/2023 5:48:31 PM EDT
[#41]
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.
Link Posted: 12/30/2023 5:49:04 PM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
It doesn't matter, you're not voting for him anyway. You can write in deSantis if it makes you feel better.
View Quote


Trust me, a choice between two octogenarian idiots doesn’t please me in the slightest.
Link Posted: 12/30/2023 5:50:05 PM EDT
[#43]
He’s good at tricking people….other side of the coin to Biden.

Both sinking this country.
Link Posted: 12/30/2023 5:51:26 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Lol.

Funny hearing him talk about inflation when he’s the one who started it.
View Quote


He didn't start it, but he definitely sped it up with his $6T or whatever it was for the wuflu
Link Posted: 12/30/2023 5:51:58 PM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I think it'll happen either way
View Quote

Link Posted: 12/30/2023 5:52:39 PM EDT
[#46]
Trump isn’t wrong with his take.
Link Posted: 12/30/2023 5:52:49 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
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
Attachment Attached File

Link Posted: 12/30/2023 5:53:41 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
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
Attachment Attached File


@CastleBravo91
Link Posted: 12/30/2023 5:54:26 PM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History
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.
Link Posted: 12/30/2023 5:55:23 PM EDT
[#50]
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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