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Four years ago Trump said that the stock market would crash

Posted on 8/5/24 at 7:40 am
Posted by FLTech
he/won
Member since Sep 2017
28250 posts
Posted on 8/5/24 at 7:40 am
Posted by stout
Porte du Lafitte
Member since Sep 2006
182455 posts
Posted on 8/5/24 at 7:41 am to
Barron the time traveler told him
Posted by AubieinNC2009
Mountain NC
Member since Dec 2018
7325 posts
Posted on 8/5/24 at 8:05 am to
Its all Trump's fault, his tax cuts led to this. /s
Posted by Tr33fiddy
Hog Jaw, Arkansas (it exists)
Member since Aug 2023
1971 posts
Posted on 8/5/24 at 8:26 am to
I also remember him saying during the 2020 debates that biden would attack oil and gas causing 5 dollar a gallon gas. Haven't been able to find that clip
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
6557 posts
Posted on 8/5/24 at 8:27 am to
Four years ago?
What will his stock that's down 70% going to do?
Posted by NIH
Member since Aug 2008
122871 posts
Posted on 8/5/24 at 8:28 am to
Aren’t you an Uber driver?
Posted by Lsut81
Member since Jun 2005
85102 posts
Posted on 8/5/24 at 8:29 am to
quote:

Four years ago Trump said that the stock market would crash


Well whats it up since that statement?

Don't need to get ahead of ourselves. Yes, the underlying issues are there and will still be there for the economy, but the stock market isn't the benchmark.

Realistically, we can have a recession and the market still be higher than when he left office.
Posted by GeauxtigersMs36
The coast
Member since Jan 2018
13243 posts
Posted on 8/5/24 at 8:29 am to
Damn close enough. It’s been 3 plus in south Mississippi.
Posted by DoubleDown
New Orleans, Louisiana
Member since Oct 2008
13321 posts
Posted on 8/5/24 at 8:31 am to
I'd need somebody unbiased and better at the market/economics to explain why, however, the stock market is really the only thing doing well right now. Inflation is still high, gas is still high, the interest rates on cars and houses is still high. Basically the economy is not GREAT right now, however, the DOW/S&P and other stocks are, so unsure the reasoning.

But be careful, some of us are old enough to be adults in 2008 and everyone was feeling cocky then too. Then reality bitch smacked us in the face and the housing went kaboom and so did the market.
Posted by GBPackTigers
Louisiana
Member since Sep 2009
1644 posts
Posted on 8/5/24 at 8:33 am to
quote:

What will his stock that's down 70% going to do?


I’m sure his other multi-billion dollar venture will be ok. Nice gotcha though
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82395 posts
Posted on 8/5/24 at 8:34 am to
quote:

Its all Trump's fault, his tax cuts led to this.


His tax cuts postponed this for 4 years.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50742 posts
Posted on 8/5/24 at 8:35 am to
It's up over 40% in the last 4 years.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
24920 posts
Posted on 8/5/24 at 8:35 am to
quote:

Barron the time traveler told him


I keep seeing this, what does this mean?
Posted by Mickey Goldmill
Baton Rouge
Member since Mar 2010
26833 posts
Posted on 8/5/24 at 8:50 am to
He also took credit anytime the stock market was good.

Posted by JCinBAMA
North of Huntsville
Member since Oct 2009
18410 posts
Posted on 8/5/24 at 8:50 am to
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 8/5/24 at 8:51 am to
quote:

He also took credit anytime the stock market was good.


That tracks. The polls have now moderated and the market shits the bed.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50742 posts
Posted on 8/5/24 at 8:51 am to
quote:

He also took credit anytime the stock market was good.


Teflon Don always takes credit. Blame is for suckers.

This post was edited on 8/5/24 at 8:53 am
Posted by NIH
Member since Aug 2008
122871 posts
Posted on 8/5/24 at 8:52 am to
Are you still pretending to be a libertarian?
Posted by hogcard1964
Alabama
Member since Jan 2017
19964 posts
Posted on 8/5/24 at 8:53 am to
quote:

I also remember him saying during the 2020 debates that biden would attack oil and gas causing 5 dollar a gallon gas. Haven't been able to find that clip


Yep. Spot on
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21747 posts
Posted on 8/5/24 at 9:06 am to
Still no riots Stateside.

???

What are they planning? If its not violence then some type of October suprise? They have to create something to justify 150 million votes for Kamala in November. This is the last stretch!

I'm thinking maybe Martial Law and shutting down the election.
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