Former President Donald Trump said he expects the nation’s economy to spiral into a “depression” like the 1929 “Great Depression’ if he doesn’t win the 2024 election.
Speaking to Breitbart, Trump said:
“I think if I don’t win, we’re going to have a depression like 1929.”
“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.”
The stock market is booming, closing in the year by climbing for the ninth straight week.
“Stocks fell slightly on Friday, but the S&P 500 closed out 2023 with a surprising gain of 24% as inflation slowed, the economy remained strong, and the Federal Reserve signaled an end to its rate-hiking campaign,” CNBC’s Samantha Subin wrote.
We’ll see another Great Depression if President Trump doesn’t win…#Trump2024ToSaveAmerica pic.twitter.com/7O8hEKs52F
— NanLee2 (@NanLee1124) December 31, 2023
“The inflation has eaten up any gains,” Trump said.
“The inflation is so rampant. The inflation has calmed down a little bit now, but that’s because the economy is not good. The jobs numbers are fake because millions of people are not looking for jobs.”
Trump was asked why the media is attacking him as an “authoritarian.”
“They have nothing to campaign on,” Trump said.
“The country is a disaster. Inflation has eaten up everything. There’s a new narrative; I’m telling you the reason the stock market is up is only because people think I’m going to win the election.”
“That’s coming out big right now.”
“They’re saying the stock market is up because people think I’m going to win the election. That’s happening by a lot.”
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