Biden-Harris market crash shows they set not just the world, but the economy on fire

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Dow and Nasdaq futures plunge stoking fears of US recession

sure to continue in the event of a Harris victory, plus Joe and Kam’s stumbling and bumbling on the world stage, have turned out to be a deadly combination.One spark: a major whiff in US labor numbers.

In other words, the July number isn’t a blip but the flowering of an ugly trend — and suggests the July number may get chopped, too.Note, too, that Harris is fully on board the war on carbon fuels that will leave the nation unable to power AI computers — which have been the central driver of stock-market optimism.

Democrats have “normalized” $7 trillion a year in federal outlays — with $2 trillion of it borrowed — all to keep their core constituencies fat and happy. And now Kamala’s odds of victory are climbing, which means that with this selloff, the market is likely starting to price in another four years of fundamental frivolousness in the face of life-or-death issues.

 

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