The post Markets Are Crashing, and Trump Probably Loves It; Here’s Why He Prefers ‘Bad Economies’ appeared first on Coinpedia Fintech News
Fresh tariff tensions between the United States and China have sent shockwaves through global markets, leading to one of the most volatile weeks for Bitcoin and other cryptocurrencies. Prices plummeted sharply, mirroring the steep declines in traditional stock markets, particularly after President Donald Trump’s aggressive global tariffs—dubbed the “Liberation Day” tariffs—were reintroduced.
Traders are on edge, wondering if the sudden Bitcoin price correction could spiral into a full-blown market crash. The sell-off was widespread, with Asian markets hitting hard, Tokyo’s Nikkei 225 plunging nearly 8% as trading resumed on Monday.
Trump, however, has downplayed the crisis, stating, “I don’t want global markets to fall, but sometimes you have to take medicine to fix something.”
A History of Profiting from Market Crashes
This isn’t the first time Trump’s relationship with economic downturns has raised eyebrows. In the 2012 History Channel mini-series The Men Who Built America, Trump candidly admitted why he thrives during bad markets: “I find that I do better in bad markets. I buy things in bad markets, and you can’t do that in a great economy. You either buy it very expensively or not be able to buy it at all. So there’s a lot of opportunity I find in the bad times.”
His words have resurfaced amid the current market chaos, with critics questioning his economic policies. While Trump’s supporters argue that his tactics aim to strengthen the economy long-term, others fear that his approach might be more self-serving, exploiting market volatility for financial gain.
