Thread by @Monaheart1229

74% of US Economists today are predicting that we'll see a recession by 2021..Trump's denial is stunning. It was pointed out today that traditionally, Presidents don't discuss US Markets publicly-bc it can backfire. He's SO unqualified. #MondayMotivation nytimes.com/2019/08/19/bus…

Trump has accused China of being currency manipulators, completely discounting his own public remarks that in fact, manipulate US Markets & his trade war that are greatly responsible for a rapidly descending recession, & now-CONSPIRACY! #MondayMotivation nytimes.com/2019/08/18/us/…

2-"Trump, confronting perhaps the most ominous economic signs of his time in office, has unleashed what is by now a familiar response: lashing out at what he believes is a conspiracy of forces arrayed against him.

3-"He has insisted that his own handpicked Federal Reserve chair, Jerome H. Powell, is intentionally acting against him. He has said other countries, including allies, are working to hurt American economic interests..he has accused the news media of trying to create a recession

4-"“The Fake News Media is doing everything they can to crash the economy because they think that will be bad for me and my re-election,” Mr. Trump tweeted last week. “The problem they have is that the economy is way too strong and we will soon be winning big on Trade,

5-"and everyone knows that, including China!” Mr. Trump has repeated the claims in private discussions with aides and allies, insisting that his critics are trying to take away what he sees as his calling card for re-election. Mr. Trump has been agitated in discussions of the

6-"economy, and by the news media’s reporting of warnings of a possible recession. He has said forces that do not want him to win have been overstating the damage his trade war has caused, according to people who have spoken with him. And several aides agree with him that the

7-"news media is overplaying the economic fears, adding to his feeling of being justified, people close to the president said...The president’s broadsides follow a long pattern of conspiratorial thinking. He has claimed, without evidence, that undocumented immigrants cast

8-"millions of ballots, costing him the popular vote in the 2016 election. During the campaign, he predicted that the system might prove to be “rigged” if he did not win. He conjured up a “deep state” conspiracy within the government to thwart his election and, more recently,

9-"his agenda. And he has said reporters are trying to harm him with pictures of empty seats at his rallies. The attacks come as the economy has begun flashing some warning signs, despite unemployment near historic lows and relatively high marks by voters on Mr. Trump’s

10-"economic stewardship. Global growth has been slowing. Last week, stock markets plunged as the yield on the 10-year Treasury note briefly fell below that of the two-year Treasury note,

11-"an unusual situation known as an inversion of the yield curve that is considered one of the most reliable leading indicators of recession in the United States...the president whipsawed between frustration and freewheeling meetings and golf outings, including one on Saturday

12-"with the president of the P.G.A. and the chairman of the Securities and Exchange Commission, according to two people familiar with his playing partners. Still, Mr. Trump was frustrated by the news media’s coverage of his rally in New Hampshire.

13-"He repeatedly complained about misleading pictures of empty seats, or that attendance at the arena had beat Elton John’s record crowd there, but no one was covering it." ~NYT, 8/19/19