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The WORST of all Possibles if Trump Wins… He could get the blame for a Biden recession

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Photo credit: Library of Congress https://loc.gov/presidential-portraits

Donald Trump rarely talks about his one big fear should he win in November. Back in January he mentioned it to The Hill and its CHILLING.
 
Trump feels the stock market is on edge and a crash is coming. Not that he WANTS a crash, but if it happens, the worst possible time would be during his second term, giving him a Herbert Hoover scenario.
 
Black Friday and the start of the Great Depression happened just a few months into Hoover’s term, marring his legacy and impeding his goals as president.
 
Trump is afraid the same may happen to him – due to Biden’s disastrous economic policies.
 
And the worst thing is there isn’t anything Trump can do to prevent it, but it could seriously derail his agenda.
 
For that reason, Trump think it would be better for Biden’s crash to happen on Biden’s watch – SOONER rather than later. And time is running short.
 
Of course, we may already be in a recession. A new survey shows that a majority of American farmers and agricultural economists believe we are on the verge of a recession or already in one. Farmers know what’s up with the economy.
 
Economists who specialize in agriculture are keenly aware of these early economic indicators as they wade through commodity prices like corn and wheat every day.  Some quotes from agriculture economists –
 
“Farm incomes are down. Ag manufacturers are laying people off. Suppliers for those manufacturers are laying people off. What are the bright spots? Cattle, depending on the segment? Trade with Mexico? After that, the list gets pretty thin.”
 
“I do think the U.S. ag economy is in a recession. The projection for 2023 and 2024 farm incomes in real dollars are the two largest declines in history. Costs exceed prices for most commodities. And the outlook doesn’t provide indication of improvement soon.”
Chillingly:
 
“I think we’ll enter into a recession after the election.”
If that prediction comes true, even a Trump win could be a long term loss for sound economic policies.
 
Are you ready for all economic possibilities on the horizon

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*Views and opinions expressed are those of the authors they are meant for general informational purposes only, and should not be construed or interpreted as a recommendation or solicitation. Reagan Gold Group does not provide investment tax, legal financial planning, estate, planning, or any other personal finance advice. Reagan Gold Group holds no liability for the accuracy, or timeliness of the information provided.

**Note – The Reagan Gold Group is not affiliated with the Reagan Library or the Reagan Foundation in any way. We’re just fans of Ronald Reagan and what he did for American gold ownership as president.

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