Trump said if Harris wins, America will face the Great Recession

The victory of Democratic Party candidate Kamala Harris in the US presidential election could push the country into an economic crisis comparable to the Great Depression of the first half of the 20th century. This has been predicted. Republican presidential candidate Donald Trump announced at a meeting with supporters in North Carolina, reported.

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Trump noted that he was confident in his words. According to him, the administration of current President Joe Biden has “teared apart” the US economy.

Trump told his supporters that if he won, the country's people would enjoy better jobs, higher wages and a “bright economic future.”

On October 22, American businessman Elon Musk said the United States could face the risk of bankruptcy due to high government spending. According to him, if the government does not radically reduce government spending, America, like someone who has taken on too much, will almost go bankrupt.

The 60th US presidential election is scheduled to take place on November 5, 2024. Incumbent Vice President Kamala Harris is running for the post from the Democratic Party. Trump was officially announced as the Republican presidential nominee on July 15 during the party's 43rd National Convention. After Joe Biden withdrew from the presidential race, 78-year-old Trump became the oldest candidate for head of state. If the politician wins in November, this will be his second term, at which point he will no longer be able to run for president by law.

Previously, it was reported that the US national debt increased by nearly 350 billion USD in two days.