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Trump's Tweets Are Causing Stock Market To Collapse - Duration: 4:57.
There is a very good chance that Donald Trump is going to tweet us into a massive stock
market collapse, and the reason I say that is because that's actually the warning that
economists are currently giving us.
Now.
This is something I've actually brought up many times in the past and it's that the stock
market, in fact, the entire financial market here in the United States is incredibly fragile.
Any and everything that the president says has an effect on that market, not just policies
or executive orders that he signs or bills that he signed into laws.
His words and his just temperament in general will affect the market.
Now, I have spoken to friends of mine in the past who actually work in the market.
Not Fun people to talk to you most of the time, but nonetheless, they have told me that
they have to pay attention to what the president says.
Every state of the union, every press conference, they have to listen carefully to those words
and respond accordingly in the market.
That is telling you something that tells you so much about how fragile this market is,
and we've seen the results recently, right?
You know, Christmas Eve, huge stock market crash on that day, many crash, I guess you'd
call it the biggest losses ever reported on a Christmas Eve in the history of the stock
market.
Then day after Christmas, boom, back up a thousand points day after that it opened 400,
500 points down, another dip and the reason why we're seeing these wild swings and people
getting out of the market, doing whatever they can to stock buybacks, which are the
only things keeping the market afloat float right now.
The reason we see that is because of what the president does a right before the big
crash, Donald Trump is on Twitter criticizing the Federal Reserve that didn't go over well
rather than working with them as past presidents have.
He's working against them.
And so in order to assert their independence, according to economists, uh, no, a Smith,
they're raising rates and that hurts the market.
Past presidents have worked with him quietly, calmly, cooly, to get them to lower rates,
to help them market Trump.
Now he's got to do his bully ways.
He's got a threatened them on social media and it doesn't work out well for anyone and
I've seen a lot of people tweeting out recent, like good stock market crash.
Let the rich people take it on the chin.
They deserve it.
I agree, except for the fact that they're not the only ones who suffer when the stock
market crashes, and that is a sad reality of the United States.
Most of us, myself included, have nothing in the market, nothing, not a thing, and yet
a stock market crash will affect us eventually because what happens when rich people start
losing money, they start tightening those purse strings a little bit more.
Whether it's a CEO, you know, whether it's just a wealthy retiree, they're spending contracts,
you know, suddenly corporations may have to look at, well, our stocks are down, our profits
are down.
As a result of that, you know our dividends, so why don't we start cutting labor?
Why don't we start raising prices?
Do something to bring the money back in for us and that's when it starts affecting the
rest of us.
The rich are going to make up their losses somewhere else and those make up losses are
coming from the rest of us, so don't sit out there and think, good, rich people are losing
money.
Yeah, they're the ones losing money right this second.
They're going to make it up and we're going to be the ones paying the difference so that
they get their profits back up.
It will eventually affect us all.
It'll affect the housing market.
It'll affect the auto market.
It will affect everything.
The job market, there's nothing that won't be touched by this.
If the president continues tweeting us into a complete financial collapse and the problem
is there is nobody in that White House, probably nobody on this planet who could convince the
president to stop tweeting because it's going to end up hurting all of us.
He doesn't care and he doesn't even think it's a reality.
He thinks he can say whatever he wants without any kind of consequence, but at least in this
point, as we all go down, we understand that, hey, at least Trump's going down with us too,
because even he is not immune from a massive stock market crash and it'll be poetic justice
if he is the one who causes it.
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'Who needs Suarez!' - Arsenal fans react to Joe Willock's FA Cup performance - Duration: 2:25.
Promising Arsenal youngster Joe Willock has been showered with praised by fans after bagging an FA Cup brace at Blackpool
Boss Unai Emery showed faith in the 19-year-old and fellow academy products Ainsley Maitland-Niles and Eddie Nketiah for the third-round tie at Bloomfield Road on Saturday
And Emery was rewarded for his faith in Willock as the youngster netted twice in the first half to give the Gunners a comfortable advantage at the break, which was added to by Alex Iwobi in the second half as Arsenal ran out 3-0 winners
The midfielder made his Premier League debut away at Newcastle United in April, and scored his first professional goal in November in the Europa League
Since then, Willock has shone for the Gunners in the Checkatrade Trophy this season and judging by the reaction on social media, it is clear fans believe they have got a wonderkid on their hands
Dubbed "one of our own", supporters were quick to compare the academy graduate to their rivals, and seem keen for the midfielder to be given more Premier League chances
Arsenal's transfer plans for January With the January transfer window in full swing, football
london want to hear from Arsenal fans on the business they want to see from the club in the first month of 2019 and their view on the season so far under Unai Emery
Take part by completing our survey below or click here if you cannot see the form
Keep up to date with the latest news, features and exclusives from football.london via the free football
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