
News Link • Economy - Economics USA
Trump admits to purposely crashing the market in wild chess move
• MSNDonald Trump appeared to admit that he was 'purposely crashing the stock market' after sharing a 'wild' video on his Truth Social platform on Friday.
The clip, which Trump posted without comment this morning, revealed how the president had tanked the stock market by 20% but was "doing it on purpose". The narrator in the video, which lasts just over a minute and features several pictures of Trump, claims he is playing a "secret game" that aims to push more cash into the treasury.
The video suggests this move will 'force the fed to slash interest rates in May,' which will then give it the chance to 'refinance trillions of debt very inexpensively'. The narrator also suggested that the move would weaken the dollar and drop mortgage rates. The clip branded the approach a "wild chess move" but added "it's working", despite what many economists believe.
It comes after Trump had a mental collapse in a senile moment' while speaking for almost an hour on Wednesday, sparking health fears after yet another strange moment.
Trump is playing chess while everyone else is playing checkers. pic.twitter.com/fvThLx82Ev
— AmericanPapaBear (@AmericaPapaBear) April 4, 2025