Trump makes flurry of posts as global markets fall amid fears of US recession

Donald Trump posted to social media more than 100 times on Monday in a frenzy of self-aggrandizing messages even as the global stock market fell sharply amid fears that his economic policies could produce a US recession.

Far from rushing to calm troubled waters after markets reacted shakily to his refusal to rule out a recession, the US president instead shared a blizzard of links on Truth Social, the platform he owns, starting at 11.44am ET with a link to a Fox News article about Keir Starmer, the British prime minister, raising defense spending before visiting Washington last month.

After US markets closed – with the S&P down 2.7%, the Dow Jones down 2%, the Nasdaq down 4%, and shares in Elon Musk’s Tesla seeing their worst day since late 2020, falling 15 points – Trump’s account was posting ads for The Apprentice, the 2000s reality show that rescued him from financial oblivion and set him out on the road to political power.

  • DarkFuture@lemmy.world
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    3 days ago

    Conservatives sending us into yet another recession.

    Starting to see a pattern here.

    Maybe we shouldn’t keep letting the dumbest among us call the shots.

  • chuck@lemmy.ca
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    3 days ago

    Nothing says recession louder than there isn’t a recession from the guy who has a lot to lose putting us in a recession.

    Honestly guys ask France for the plans for guillotines they will be willing to share If you ask nicely.

  • Zaktor@sopuli.xyz
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    3 days ago

    Everyone knows that making a hundred rapid fire posts while a crisis is unfolding is the best way to convey that everything is going to be ok.