“Markets Will Tumble”: Trump Supporter Warns of Economic Collapse and Recovery Under Proposed Policies
In a widely discussed post on the social media platform X, an influential user known as @FischerKing64 painted a stark picture of economic upheaval should former President Donald Trump return to office and implement his ambitious agenda. The user, who has an audience of over 173,000 followers, outlined the potential for significant economic turmoil triggered by Trump’s policies, noting that while there could be a collapse, a swift recovery would follow.
The post quickly gained traction, especially after a response from X CEO Elon Musk, who is not only a significant Trump supporter but also a potential key player in a future Trump administration. Musk’s agreement with the post raised eyebrows among onlookers and commentators, signaling a prominent endorsement of the potential for initial instability followed by what Musk and Trump’s camp see as economic recovery.
In the post, @FischerKing64 speculated on the outcomes of Trump’s promised policies, including mass deportations, substantial government cutbacks, and deficit reductions. “If Trump succeeds in forcing through mass deportations, combined with Elon [Musk] hacking away at the government, firing people, and reducing the deficit,” the influencer wrote, “there will be an initial severe overreaction in the economy.”
The user argued that such measures would lead to temporary chaos in markets, emphasizing the economic impact of reducing the labor pool through deportations and eliminating government debt that, in his view, has inflated asset bubbles and suppressed wages. He elaborated further on the market implications, stating, “Markets will tumble.”
However, the influencer held an optimistic view of the long-term effects, suggesting that this initial shock would be necessary to stabilize the economy. “But when the storm passes and everyone realizes we are on sound footing, there will be a rapid recovery to a healthier, sustainable economy. History could be made in the coming two years,” he concluded.
Musk’s reply, a simple but affirming “Sounds about right,” added weight to the post and amplified concerns among observers. Brian Beutler, co-host of Off Message, expressed alarm at the exchange, cautioning that Musk’s endorsement of the proposed economic collapse highlights the broader plan behind Trump’s vision, which he fears may not align with what many Trump supporters expect, told CBC News.
“Trump’s top backer, whom Trump has promised to hand this very remit, acknowledges the plan is to crash the economy and markets so they can rebuild society in MAGA’s image. I don’t think most Trump voters were in on that plan!” Beutler commented.
Beutler’s critique sheds light on a disconnect between Trump’s campaign promises and the potential impact his policies could have on everyday Americans. For many, the idea of a controlled economic collapse is unsettling, raising questions about the feasibility and risks involved in an approach that could affect jobs, savings, and financial stability nationwide.
The dialogue between Musk and @FischerKing64 has sparked a broader conversation about the viability of the proposed “rebuild” strategy. The notion of crashing the economy to reset it toward a “sustainable” path, as described in the post, is polarizing and could face strong opposition from economic analysts and the public alike.
While some see it as a bold, long-term solution to current economic problems, others view it as a potentially disastrous experiment that could destabilize the nation’s financial well-being. As the election approaches, the vision shared by Trump’s camp is drawing more scrutiny. The debate over the costs and benefits of such sweeping economic reforms is likely to intensify, especially with high-profile endorsements and concerns that this plan might bring unintended consequences for voters who may not fully understand its implications.