This week, the stock market measures in the United States dropped sharply. Former President Donald Trump blamed Vice President Kamala Harris for the drop and called her a “Radical Left Lunatic.”
In a series of posts on Truth Social, Trump blamed Harris for the “Kamala Crash.”
“Of course, the market is going down a lot.” She’s even worse than Crooked Joe. “Markets will never accept the crazy radical leftists who ruined California and San Francisco as a whole,” Trump wrote.
“The Great Depression of 2024 is the next move!” The market is not the place to play games. It was a Kamala crash, he said.
The Republican candidate for president then wrote another post in which he said that voters must decide between “TRUMP PROSPERITY OR THE KAMALA CRASH AND GREAT DEPRESSION OF 2024.”
“WORLD WAR 3 IS PROBABLE IF THESE VERY STUPID PEOPLE REMAIN IN OFFICE,” he repeated.
He also said, “Remember, Trump was right about everything!”
John Carney, the economics editor for Breitbart News, said that major stock markets like the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite took big hits Monday morning.
Since economic data came out last week showing that unemployment was going up and job growth was slowing more than expected, the drop shows how worried investors are. Producer polls also showed a big drop in sector activity, which is often a sign of how the economy is doing.
Despite predictions of 180,000 new jobs, the economy only added 114,000 jobs in July, according to the Department of Labor. Both the Institute for Supply Management and S&P Global surveyed business leaders, known as buying managers, and discovered a decline in plant activity during the month.
In addition, Carney noted that the presidential election may affect markets. The market was going up when Trump was the clear favorite in the polls. This drop occurs at the same time that Harris’ popularity is rising after taking over as President Joe Biden’s likely winner.
Harris and her team had not commented on Monday’s stock market drop as of this writing. Trump’s running mate, Sen. JD Vance (R-OH), is calling for it.
“Right now, something terrible could happen to the world’s economies.” “It needs steady leadership, which is what President Trump gave us for four years,” he wrote on X.
“Kamala Harris is too scared to talk to the media and can’t lead us through these tough times,” he said, adding the phrase “#WheresKamala.”
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