Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on January 02, 2024, 07:10:43 AM

Title: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: sirty143 on January 02, 2024, 07:10:43 AM
Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win Presidential Election

(https://i.imgur.com/FNng8Nrm.jpg)

Former U.S. President Donald Trump has warned that the U.S. could face a stock market crash worse than that of 1929 and a Great Depression if he doesn’t win the upcoming presidential election. He stressed that the U.S. economy is “terrible”... See more for yourself here (https://news.bitcoin.com/donald-trump-warns-of-stock-market-crash-and-great-depression-if-he-doesnt-win-presidential-election/).

Your opinion is greatly appreciated.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: Senin on January 03, 2024, 08:02:14 AM
This is probably the last argument of Trump, who is using every opportunity to return to the presidency of the United States. Trump is not an economist, so these claims of a great depression if he doesn't win the election should be taken with a grain of salt. At the same time, the US economy, like most countries, is not in the best position. For Trump himself, the threat that someone else might be removed from the election has increased. Already two states, Colorado and Maine, have banned Trump from participating in the elections due to his role in the attack on the Capitol on January 6, 2021.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: yhiaali3 on January 08, 2024, 02:27:31 AM
The warning issued by Donald Trump about the collapse of the stock market and the Great Depression that will hit the United States is true, but regardless of whether Trump is elected or excluded, this warning is a reality because the economic conditions in the world are heading for the worse.

Trump knows nothing but noise and causing problems. Why did he not solve the economic problems during his presidential term? These statements are all electoral agendas and have nothing to do with reality because no one will save the American economy, neither Trump nor anyone else.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: Don Pedro Dinero on January 08, 2024, 04:39:18 AM
Well, this kind of argument is older than Methuselah. Either me or chaos' is what it says, and I agree that it is more election propaganda than anything else. Can anyone imagine if Trump wins and there is an economic crisis and a stock market crash? By then he would already be in power and I don't think he would resign because of it. He would find some external culprit.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: trendcoin on January 08, 2024, 11:03:28 PM
This is a brief explanation of how the capitalist economy operates. It goes through periods of growth, followed by periods of decline, as well as instances of overheating or cooling down, which can result in significant crises. While some economists and conspiracy theorists have been forecasting a "great reset" for a long time, the current system is still functioning well despite occasional disruptions.

I don't hold a positive or negative view about Trump, but I believe he is a skilled demagogue. He is strategic with his words and has the ability to influence the masses. I'm not sure if the Americans will give him another chance, but I think he will be luckier this time because he will probably have Biden against him again. :)
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: hasyurt on January 08, 2024, 11:20:15 PM
Trump is preparing for the presidential election with a different tactic, but this may backfire.
Because he doesn't talk about what will change when he comes. It came before, but the USA did not see great economic values.
I think there is no need for these statements. Trump will most likely be elected.
There is already a very high quality management approach in the USA. No matter who is president, it doesn't matter who comes as there is a system in the USA.
If Trump is not president, there will be no crisis as he says. I don't believe what he said.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: joniboini on January 09, 2024, 05:41:05 AM
I don't get where his confidence is coming from. He claims the current state of the economy is possible because people believe him to win the election and resume his previous projects, but what data shows that? Is he just trying all he can do to instill fear in the voters by telling this so that they believe it? Damn, he's really trying hard. I would be surprised if this strategy works, considering how easy it is to access information in the US. However, Trump might also use it to spread a ton of information to confuse people even further.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: Faisal2202 on January 09, 2024, 09:53:20 PM
Well if that's the case then people will make a profit by shorting hehe, as back in 1929 people also made a profit by taking short trades and they at that time made millions, and if compared with the current world inflation they can make billions. But to be honest, I don't think he has any chance to win the election but maybe who knows?

He is a manipulative guy and to me, I like him more than Biden. Maybe I know more about him and lesser about Biden but he seems to be more energetic. I think it is one of his ways to manipulate the opponent by saying such statements.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: Nwada001 on January 10, 2024, 01:48:34 AM
So typically speaking, he is indirectly saying that he alone can revive the US economy, and if he doesn't get elected, he also has the power to crash the stock markets. This statement could be seen in two ways: it's looking like a direct trait of the present sitting government, and such a statement could put fear on voters minds, especially those investors without strong will.
 
Those statements are just mere campaign rhetoric; they won't go any where. He should focus on more campaign strategy to win voters over than trying to manipulate their minds with deceitful information, as we all know, and it's no longer news that the world economy is not in its current state right now, not just the US. So it's not something to threaten to deal with the stock market again; where will he get such power to pull that off?
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: LogitechMouse on January 10, 2024, 10:12:12 AM
TBH, this might be true. Remember that I used the word "might" because he's just speculating.

I'm not from the US, but I saw how both Trump, and Biden became a president, and I would say that the country is better with Trump as their president. What's happening with the country now that their president is Biden? The buying power of their currency went down, and average people barely survived with their day-to-day job. An average person can't afford to buy their own home because the prices of houses right now are just too high compared to their daily salary. I mean it's just worse compared to when Trump is their president.

His warning is more of a blackmailing for me for him to win and he can't back that statement with data and proof, but I like him to win this upcoming election though.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: Fenix on January 10, 2024, 08:29:40 PM
Quote from: LogitechMouse on January 10, 2024, 10:12:12 AM
TBH, this might be true. Remember that I used the word "might" because he's just speculating.

I'm not from the US, but I saw how both Trump, and Biden became a president, and I would say that the country is better with Trump as their president. What's happening with the country now that their president is Biden? The buying power of their currency went down, and average people barely survived with their day-to-day job. An average person can't afford to buy their own home because the prices of houses right now are just too high compared to their daily salary. I mean it's just worse compared to when Trump is their president.

His warning is more of a blackmailing for me for him to win and he can't back that statement with data and proof, but I like him to win this upcoming election though.
The economic situation in the United States has worsened not because Biden became president. Now all countries are experiencing a decline in their economy and the reason for this is the consequences of the long-term fight against coronavirus, which led to a drop in production and inflation, wars, sudden climate change, natural disasters and much more.
If Trump becomes President of the United States again, the overall situation will only worsen, and real chaos will ensue on the world stage. Trump is actually going to support Russia in its war of aggression against Ukraine, destroy NATO by withdrawing the United States from this military bloc, and so on. Therefore, many world leaders from different countries fear that Trump may become president again.
I hope that in February the US Supreme Court will uphold the Colorado Supreme Court's ruling that former President Donald Trump is not constitutionally eligible to run for president in 2024.
Title: Re: Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win
Post by: Dr.Bitcoin_Strange on January 10, 2024, 10:47:37 PM
Most of these politicians usually make one or two promises to the public so that they could win favour from them to be able to gain more vote than they other contestants. I feel that during the time when Trump was still the president, the economic system was much better than that of Joe Biden but even if Trump win the next election as he desired, how doe he plan to prevent the stock market from crashing as he has pre-assume? I don't think their is any thing he can actually do,  he might be just saying all that to win the people over so that they can vote for him.