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Donald Trump said in an interview that economic conditions are so perilous that the country is headed for a “very massive recession” and that “it’s a terrible time right now” to invest in the stock market, embracing a distinctly gloomy view of the economy that counters mainstream economic forecasts.
The New York billionaire dismissed concern that his comments — which are exceedingly unusual, if not unprecedented, for a major party front-runner — could potentially affect financial markets.
“I know the Wall Street people probably better than anybody knows them,” said Trump, who has misfired on such predictions in the past. “I don’t need them.”
Trump’s go-it-alone instincts were a consistent refrain — “I’m the Lone Ranger,” he said at one point — during a 96-minute interview, in which he talked candidly about his aggressive style of campaigning and offered new details about what he would do as president.
originally posted by: okrian
So let me get this straight…
Trump says the USA is going to hell in a handbasket, UNLESS we elect him as president to save all of us?
originally posted by: onequestion
a reply to: Annee
He's going to raise tariffs on international imports haven't you been listening?
The trade deficits are massive amounts of leverage on their financial markets and he can probably use his famous negotiating skills to get what he wants.
originally posted by: carewemust
Donald John Trump is So Refreshing!! His Latest Plans to: "Make America The Greatest Again".
Donald Trump also says that he will eliminate the USA's debt by the end of his second term.
As a result, the Trump plan increases the federal deficit over the next decade by $10 trillion or $12 trillion, according to several estimates
originally posted by: Gothmog
a reply to: Annee
Kinda makes me think what would happen if all the Mexican's quit their jobs and left America.
Put millions of US CITIZENS back to work?
In 2007, Bourdain told the Houston Press’ Robb Walsh, “The bald fact is that the entire restaurant industry in America would close down overnight, would never recover, if current immigration laws were enforced quickly and thoroughly across the board.”
originally posted by: onequestion
I just start a thread about a prediction I'm making of a very near future major economic downturn.
I also lost recently about the new banking regulations that are going to tighten everyone's belts.
What I'm saying is I think a bunch of us see the same exact issues.
originally posted by: carewemust
Personally, I prefer Donald Trump's Presidential goals, over Ted Cruz's. Ted wants to totally wipe out agencies... like the IRS, Planned Parenthood, Obamacare. Mr. Trump wants to build and modernize infrastructures. This will create tons of jobs both directly, and indirectly. It would be really great if these two could "bury the hatchet", and run on the same ticket as Pres/VicePres.