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BumRushDaShow

(150,696 posts)
Fri Apr 4, 2025, 07:13 PM Apr 4

Trump Shares Video About How He Is 'Purposely Crashing the Stock Market' [View all]

Source: Rolling Stone

April 4, 2025


Financial markets are taking a nosedive for the second straight day amid global panic and investor anxiety over Donald Trump’s implementation of broad tariffs on foreign imports. Economists are warning that the president’s actions are putting not just the United States, but the world at risk of a global recession, and that working class Americans will experience acute economic pain. Fret not, says the president, he is apparently playing chess while the world is playing checkers — whatever that means. Even some of his most prominent GOP supporters aren’t buying it.

On Friday morning, the president shared a link on Truth Social to what appears to be a video claiming that he was “Purposely CRASHING The Market.” The one-minute video — originally shared March 15 on TikTok — predates the president’s tariff announcement on Wednesday. It claims that “Trump is crashing the stock market by 20 percent this month, but he’s doing it on purpose. […] Here’s the secret game he’s playing, and it could make you rich.”

The video proposes that Trump is attempting to “push cash into treasuries, which forces the Fed to slash interest rates in May, and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively. It also weakens the dollar and drops mortgage rates. Now it’s a wild chess move, but it’s working.” “What about his tariffs? I’ll tell you, it’s a genius play,” the video adds. “It actually forces companies to build here to dodge them. It also forces farmers to sell more of their products here in the U.S., to bring grocery prices way down. We’ve already seen this with eggs. Now, remember, 94 percent of all stocks are owned only by 8 percent of Americans.

So Trump, he’s taking from the rich short term and handing it to the middle class through lower prices.” Sound dodgy and completely made up? Don’t stress, the video makes sure to point out that super rich guy Warren Buffett “just said [that] Trump is making the best economic moves he’s seen in over 50 years.” Only Warren Buffett never said that. He actually called Trump’s proposed tariff regime an “act of war.”

Read more: https://www.rollingstone.com/politics/politics-news/trump-shares-post-purposely-crashing-stock-market-1235310745/

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Well that changes everything. Buddyzbuddy Apr 4 #1
"It actually forces companies to build here to dodge them"...no, it fucking doesn't. Why do we have to learn the same Karasu Apr 4 #2
He's clearly mentally not right not fooled Apr 4 #3
How the actual fuck will it force farmers to sell more product here? lonely bird Apr 4 #4
No, that's not it. twodogsbarking Apr 4 #5
Our criminal president made his fortunes from Russian money laundering... AntiFascist Apr 4 #6
The lies that come out of that bamagal62 Apr 4 #7
what are the odds its Russian propaganda? LymphocyteLover Apr 5 #21
If only Biden had thought of this Diraven Apr 4 #8
Exactly, Just Add Some Artificial Intelligence Prompts Referring to Action Stars and Masculinity... TomCADem Apr 4 #10
but Biden was OLD LymphocyteLover Apr 5 #22
Because that worked out so well for Hoover IronLionZion Apr 4 #9
You don't actually think he's capable of understanding... dchill Apr 5 #17
Or listening to anyone who disagrees with him IronLionZion Apr 5 #20
all he knows is it says he's right about what he's doing... total cult reinforcement LymphocyteLover Apr 5 #24
"Here's our secret plan, and, it's going to make you rich!" - he sounds like a greasy huckster. Oneironaut Apr 4 #11
Nah, You Just Need to Make Failure Sound Bad Ass ... TomCADem Apr 4 #12
Chris Murphy's take on All In is correct imho Deminpenn Apr 4 #13
Riiiiight... LudwigPastorius Apr 4 #14
Thank you...I scrolled down to see if anyone shared that! Drum Apr 5 #15
"...and it could make you rich." dchill Apr 5 #16
No- Warren Buffet never said any such thing. James48 Apr 5 #18
Well, that explains an idiotic response I got to a post on another site. MAGA will believe anything. Vinca Apr 5 #19
Every statement in that video is a complete lie IronLionZion Apr 5 #23
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