Trump Goes Silent After Market Tanks
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Why did Trump cancel appearances amid market turmoil?
Another day and Donald Trump is tanking the markets. Yes, he's starting the week again by crashing our economy once again. And here's what he's sending to his supporters to try to con them even more as most Americans realize What a con artist he is. Donald Trump sends the following message. Please answer before this poll closes tonight. Would you accept a Doge dividend check signed by Trump? Should Trump give Doge savings back to American citizens via check? Then Donald Trump puts his top national economic advisor, Kevin Hassett, on CNBC. And here he says that the reason that we're seeing GDP contraction and likely a recession is it is Biden's fault. He says this is Biden's economy. Biden's doing everything wrong.
The Trump administration, the Trump regime is absolutely panicking today. Let me share with you this clip of Trump's national economic advisor. Play this clip.
Near term, we've got a Biden economy that, you know, still most of Biden policies are in place. If you look at the Atlanta Fed GDP now number, it's showing negative first quarter, which is kind of, if you like, a metric of the inheritance of President Biden. A lot of that is also from a big increase in the trade deficit, which, as you know and you've been covering, Joe, is happening in part because people are anxious about future tariffs. And so they're stockpiling. And so that's a very, very temporary phenomenon.
As our editor-in-chief, Ron Filipkowski, writes, here's the Trump recession timeline. One, this will be a golden age on day one. Prices will come down and the economy will boom. Two, these policies won't cause a recession. We know what we're doing. Three, okay, it will cause short-term pain, but it will be good in the long term. Four, this is Biden's recession. That's the pattern that we've seen. One of the things we're seeing as well, as Luke Cower writes, last week was the first time since 1988 that U.S. stocks fell 3% while global stocks decreased. that are not the US related stocks rose 2.5%. So the market's actually doing well outside of the US, but the US has become a toxic cesspool because the White House is a toxic cesspool. I mean, just take a look at this right here.
A whole bunch of themes are getting absolutely destroyed today, as George Perks writes. And it's not just AI adjacent stuff. Banks are down even more. Private equity is getting crushed. You name it, American companies are getting destroyed. right now and that means my 401k your 401k our pensions our life savings is getting destroyed like we told you it was going to because donald trump is an idiot and he's bankrupted every freaking thing essentially in his life so yes he was going to bankrupt it again the guy who has bankruptcy after bankruptcy who's the worst business person who's a destroyer who somehow convinces people that he's a good businessman even though he's bankrupted all of his companies yes guess what he's bankrupting the united states again and now he's panicking and lying and saying oh here's what's really going on here's what's really going on just front page today from the usa today
A theme, though, that we've been talking about, as you know, front page on the Midas Touch Network now for, what, several months. Canadian backlash. Stores pull wine, whiskey from shelves over tariffs. Now, we told you, we said... This Canadian boycott is going to sting and hurt the United States far more than anyone has predicted. And how do we know that? Well, there's a reason why the Midas Touch podcast is the number one podcast of all podcasts in Canada. We speak to Canadians. We speak to the Canadian leaders. We speak to the Canadian people. all of the time. We knew that the tourism boycott was gonna be more than 10%. I said it would be closer to 50 to 100%. People in Canada ain't traveling to the US anymore.
People in Canada ain't buying US anymore. And they were our biggest trading partner. So of course it's going to impact us beyond even the retaliatory tariffs from them. And so as the markets keep on crashing, what's Donald Trump saying?
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