Home / News / International / Donald Trump predicts ‘very massive recession’ in US

Donald Trump predicts ‘very massive recession’ in US

Milwaukee: Republican presidential front-runner Donald Trump predicted that the United States is on course for a “very massive recession,” warning that a combination of high unemployment and an overvalued stock market had set the stage for another economic slump.

“I think we’re sitting on an economic bubble. A financial bubble,” the billionaire businessman said in an interview with The Washington Post published on Saturday.

Coming off a tough week on the campaign trail in which he made a series of missteps, Trump`s latest comments bring him back into the limelight ahead of Tuesday`s important primary in Wisconsin where he trails in the polls.

The former reality TV star said that the real U.S. jobless figure is much higher than five percent number released by the U.S. Bureau of Labor Statistics.

Leave a Reply

x

Check Also

How Pakistan kept a tight vigil on Jadhav’s meeting with wife, mother

How Pakistan kept a tight vigil on Jadhav’s meeting with wife, mother

ISLAMABAD: In a carefully choreographed event that unfolded in tweets, photos and ...

Cop Killed After Terrorists Attack Police Building In Kashmir, Firing On

Cop Killed After Terrorists Attack Police Building In Kashmir, Firing On

NEW DELHI :- A policeman was killed and six others were injured ...