Trump Threatens ‘Everyone Will Be Poor’ If He Gets Impeached; But Stock Market Says Otherwise


Photo by K-ZAP

These past few days have been regarded as the worst day ever (or yet) for the Trump administration. Paul Manafort, Trump’s ex-campaign manager has pleaded guilty to bribery among other charges, acting on Trump’s behest. Hence, the president is now on defense mode, making claims as bold as the “stock market will crash and everyone will be poor” if he ever gets impeached.

In an interview with Fox & Friends just this morning, Trump stated that “I’ll tell you what, if I ever got impeached, I think the market would crash. I think everybody would be very poor, because, without this thinking, you would see numbers that you wouldn’t believe, in reverse.” Seemingly as a warning to his enemies and his critics who would love to see him off the office.

However, people are probably used to Trump’s post-truth and alternative facts by now. So whatever he said really does not carry any weight or merit in reality. This case has been proven, thanks to a couple of economic analysts and stock market experts. In fact, ever since the Manafort incident, stocks have seen nothing but minor fluctuations. Some stocks even had modest gains just today, despite the political turmoil.

Moreover, if the U.S.-China trade war, initiated by Trump, was to cool down, then the stock market would even improve, according to economic analyst Greg Valliere. That only means that Trump’s impeachment would do the stock market good, meaning an overall positive effect on the economy. Rest assured, politics will have little to no impact on the stock market, and Trump is probably just being his usual self this morning.

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Natividad Sidlangan
Sid was born, did some stuff, then decided to become a writer. He is now on a quest to farm some accolades and life experiences so that he can boast about them in his online 'about yourself' page. So far, the only thing he was able to boast about is a handlebar mustache.

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