US Politics |OT|

[Bofferbrauer2]

OdinHades said:

At least the US is pushing the european stock market hard right now. Fresh records everywhere you look!

Fun fact: In 2012 when Brack Obama was president, Donald Trump stated that any president that lets the Dow Jones sink by 1.000 points on two consecutive days should immediately resign. Trump did not only achieve that. He actually managed to let the Dow Jones drop at least temporarily by over 2.000 points on one single day on tuesday. Amazing!

And with the US economy crashing down (GDP growth went from 2.5% to -2.7% within a month or so) due to Trump's policies and DOGE's actions, the US are now not in the best position anymore. They were beating the European economy mostly due to the greenback (as in, the US can print almost as much money as they want without devaluating their currency because it's the reserve currency of the world, and as a result, spend much more to support the economy without having to resort to borrowing), but Trump's policies have destroyed this advantage within just a couple weeks.

I'm sure he'll blame it all on Biden and say that he inherited the crash/recession from him.