Trump Warns of Market Crash and Another ‘Great Depression’ If He Loses White House Bid

Published on December 31, 2023

Former President Donald Trump predicted Friday that if he doesn’t win the 2024 presidential election, America will suffer the biggest stock market crash in history—followed by another Great Depression-style event. President Trump made the remark in a post on social media, in which he said the economy under President Joe Biden is in “terrible” shape as high inflation has hammered American households and eroded their buying power. “The only thing that is keeping the economy ‘alive’ is the fumes of what we accomplished during the Trump administration,” the former president wrote, adding that, by some measures, the cumulative level of inflation since he left office is over 30 percent....