Exclusive — Donald Trump: ‘Depression
Like 1929’ Looms if ‘I Don’t Win’
Breitbart Politics,
by
Matthew Boyle
&
Alexander Marlow
Original Article
Posted By: Imright,
12/30/2023 3:19:54 PM
Palm Beach, Florida — Former President Donald Trump told Breitbart News exclusively on Thursday evening that if he does not win the 2024 presidential election, he expects the nation’s economy will spiral into a “depression” like the 1929 “Great Depression.”
Trump, who sat with Breitbart News for more than two hours on Thursday evening at his Mar-a-Lago resort, also said during the interview that recent stock market gains are happening because the polls show him leading Democrat President Joe Biden significantly and that people are betting on a Trump victory in November.
“I think if I don’t win, we’re going to have a depression like
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Reply 1 - Posted by:
chumley 12/30/2023 3:47:38 PM (No. 1626958)
Maybe, maybe not. What concerns me is that he's starting to sound like those climate change grifters. If you dont vote for me the world is going to end. It doesn't help us if he sounds unhinged.
6 people like this.
Reply 2 - Posted by:
Son of Grady 12/30/2023 5:46:47 PM (No. 1627018)
The world won't end if Trump doesn't win, Our world will end.
With the Obama/Biden policies, we are sprinting towards a depression.
Trump is the quickest way to avoid it. Other republicans are accomplices
to our destruction.
18 people like this.
Reply 3 - Posted by:
udanja99 12/30/2023 6:36:48 PM (No. 1627043)
He’s right. As usual. Only I think that it will be worse than 1929 - the country wasn’t full of illegal invaders and din-do-nuffins on welfare back then. We think the smash and grabs are bad now. Just wait.
13 people like this.
Reply 4 - Posted by:
chance_232 12/30/2023 7:32:25 PM (No. 1627063)
I think a major downturn is baked in already. It's not if, but when.
I know that Biden and the democrats will only hasten it and make it worse. I would like to think that Trump and the Republicans can mitigate the damage, but frankly, we don't have the money to bail out the economy.
8 people like this.
Reply 5 - Posted by:
Catherine 12/30/2023 7:36:39 PM (No. 1627067)
Lots of farmers during the depression. Not so now. Hardy souls back then who didn't expect the government to take care of them. Not so now. A depression today will be much worse.
11 people like this.
Reply 6 - Posted by:
TXknitter 12/30/2023 8:50:55 PM (No. 1627087)
Yes #3. Even though armed and prepped, eventually the ammo runs out.
4 people like this.
Reply 7 - Posted by:
DVC 12/31/2023 12:47:29 AM (No. 1627127)
The upset of 1929 would have been over by 1931 for certain if the damned Federal government hadn't insisted on making things worse by every single decision that they made for a decade and a half.
Roosevelt created a depression out of a recession because he was completely innumerate, unable to grasp numbers in any useful way, and was a leftist fool, believing in "more government is better government" when precisely the opposite.....MUCH LESS government was what was needed.
2 people like this.
Reply 8 - Posted by:
EJKrausJr 12/31/2023 2:35:31 AM (No. 1627141)
Even 45 won't be able to stop the economic event that is coming soon to America. Years of spending money and printing money by the tanker full will catch up and cause an economic depression worse than the 1930's depression. Buckle up buckaroos.
2 people like this.
Reply 9 - Posted by:
mifla 12/31/2023 5:06:33 AM (No. 1627172)
2024 is going to be horrible. No one will be able to stop what is coming.
2 people like this.
Reply 10 - Posted by:
JimBob 12/31/2023 9:57:04 AM (No. 1627282)
I don't pretend to know WHEN, but at some point the Debt Bubble will pop, and the Feces will hit the Fan.
The Dollar was once backed by silver (Silver Certificates) and gold reserves. As I understand it, these are either gone or insignificant in size compared to the number of dollars in circulation. So, what we have is a 'fiat' (An arbitrary order or decree) currency, it has a value because the government declared, and everyone agrees, that it has a value.
However, the Federal government has been deliberately overspending more and more each year. We are now $34 TRILLION ($34,000,000,000,000) dollars in debt (and that's just the official number, not counting unfunded retirement liabilities and a bunch of other stuff.) At some point, some prominent person is going to say "I don't believe the Dollar is worth anything", and the crowd will follow, just like the 1920 stock market crash where the stocks went up, and up, and up, then suddenly some prominent person decided to sell, and the herd followed. The question is, if there is a mass abandonment of the dollar, what will replace it? From what I can see, the other 'fiat' currencies are just as oversold, if not more so than the dollar.
So.... what will happen?
I have no idea.
0 people like this.
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