'We're going to have a much bigger problem than recession. We'll have a depression,' said former U.S. President Donald Trump. inflation
Donald Trump Warns US Economy Is Facing 'Much Bigger Problem Than Recession' — 'We'll Have a Depression'
Trump warned that the U.S. economy could enter a depression similar to the Great Depression of 1929. Recent data showed that“Real wages are collapsing and we’re on the verge of a devastating, and this is devastating. It’s called stagflation look it up. It’s not good,” Trump stressed. “What I’m concerned about, they keep talking about having some reversals … where we’re going now could be a very bad place.
Not recession. Recession’s a nice word. We’re going to have a much bigger problem than recession. We’ll have a depression.
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