Trump is Trying to Provoke Panic Over a Common Stock Market Drop to Save His Failing Campaign

President Biden is going to go down in history as patriot who always put his country before his own personal interests. That display of character was recently demonstrated again when he stepped aside and endorsed his Vice-President, Kamala Harris, to succeed him as the Democratic candidate for president.

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Donald Trump, Stock Market

For contrast, Donald Trump has always put himself before country and every other concern that wasn’t directly associated with his selfish aspirations for money or power or self-aggrandizement. Not to mention his compulsion to avoid going to prison. His malignant narcissism is so severe that he has openly expressed an explicit desire for catastrophes that would harm millions of Americans if it helped him in some way.

SEE THIS: Trump’s Cult Cheers His Hope that Americans Suffer a ‘Great Depression’ While Biden is President

On Monday morning Trump sought to exploit a decline in the stock market for his personal, political benefit. He posted a comment on his floundering social media scam, Truth Social, whose purpose could only be interpreted as a deliberate attempt to stoke needless panic and turn a small market dip into major disaster. He wrote that…

“Of course there is a massive market downturn. Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can’t play games with MARKETS. KAMALA CRASH!!!”

This is just plain weird, as well as flagrantly untrue. First of all, if Trump wants to blame Harris for the wealth and prosperity of San Francisco and California, she probably won’t mind. Secondly, if the performance of the stock market is a reflection of the Biden/Harris administration, then it’s pretty good reason to vote for Harris and every other Democrat on the ballot. Thirdly, Trump is crawling out onto a pretty weak limb with his fear mongering about a “GREAT DEPRESSION.”

For the record, there was a real stock market crash in late 2008 during the GW Bush term that took the markets down 37%. The S&P index is down only about 2% today, and only 6% from its all time high. That’s a minor and expected correction from the 17% rise in the past year, and the 36% gain since Biden and Harris took office. What’s more, markets worldwide are also down about 2%. Does Trump think that Biden and Harris are also the leaders of every other country on the planet?

Financial experts know that markets are not driven by presidential politics. The gains and losses are due to the performance of the companies that comprise the indexes and the broader state of the economy. Which in this case is firing on all cylinders. Profits are at record highs. More jobs have been created than at any time in modern history. Manufacturing has returned to the U.S. from foreign shores. Wages are rising faster than inflation.

For a look at what bad management does to a company on the stock exchange, take a look at Trump Media and Technology Group (TMTG: ticker DJT) that is the parent corporation of Truth Social. While the broader markets are down about 2% today, DJT is down 8%. Furthermore, it is down a whopping 34% since it went public just four moths ago.

MORE HERE: Trump’s Truth Social is Shedding Users Like a Miserable Childless Woman’s Mangy Cat

Trump’s fear mongering is not just purposefully dishonest, it’s downright dangerous. He is trying to create a worse outcome by driving people to panic. He actually wants America to fail, and for people to get hurt, in order to prop himself up politically. And his cronies in Congress are playing along.

Trump seems to know that the only way he can win is for the American people to suffer. So he’s doing everything he can to produce that result. And anyone who is considering voting for him better reconsider. He’s not on your side. He’s only for himself. And he has no solutions to any of the problems that real people are facing. He has only whining, lying and fear mongering.

UPDATE I: The day following the “massive market downturn” that Trump said was leading to a “GREAT DEPRESSION,” the market gained back more than half of the prior day’s decline.
UPDATE II: Three days after Trump’s “GREAT DEPRESSION,” prediction, the market has recovered more than its losses. It is now higher than it was on before his gloomy and ridiculous prediction.

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