Donald Trump

Former President Donald Trump gave a lengthy speech on the financial system from his golf club in New Jersey on Thursday and painted a dire picture of the U.S. economy, calling it a “nightmare” and claiming there can be a stock market crash if Kamala Harris is elected. As Trump spoke survive Fox News a ticker was shown within the backside right of the reveal tracking the inventory market, which showed the Dow up virtually 1.4 percent, some 554 points. The Dow Jones Industrial Reasonable rallied to shut at 40,563, while the Nasdaq ended up some 2.three p.c.

Trump attacked Harris and President Joe Biden making a collection of claims in regards to the financial system. Trump claimed “a hundred% of the web job introduction in the closing yr is gone to migrants. You understand that most of the job advent has gone to migrants. In fact, I’ve heard that extensively greater than, beyond that, in truth, beyond the number of 100%, it’s a much better quantity than that. But the government hasn’t caught up with that but.”

As he continued, Trump said, “If she’s elected, Social Safety will fail. It’ll be a blow up such as you’ve never viewed ahead of. It’ll be the chapter of the entire machine, almost certainly the nation itself.”

Trump predicts a 1929-fashion stock market crash if Kamala wins above a stock ticker showing that the Dow is over 40k %twitter.com/Uw2MmD9knE

— Aaron Rupar (@atrupar) August 15, 2024

“You don’t must think about what a Kamala Harris presidency would be, because you’re residing via that nightmare right now. And it is a nightmare. It’s a nightmare. And you’re going to prevent inflation, but we’re going to have a crash, and we’re going to have a crash like a 1929 crash if she will get in. You saw a gentleman the day before today who acquired up one of the high analysts on the earth, frankly, and, said that if Trump is elected, he predicts and he’s predicting you’ve a inventory market crash like 1929. He additionally said the one time and the one motive the stock market has long gone up, even supposing it had some dangerous moments recently. However I think we’ll take, I think we’ll take a considerable lead,” Trump mentioned.

Watch above by means of Fox Information.

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