THE GRIFT

DJT is Crashing!

Kevin King
The Haven
2 min readApr 2, 2024

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Ah, the glory of schadenfreude

Photo by Jp Valery on Unsplash

In a debate prior to the 2020 election, the orange one said that the stock market would crash if Joe Biden gets elected. Not surprisingly, Don Poorlione was patently wrong. The stock market has done well under the Biden administration. Here’s the last three years of the DOW:

Source: ThinkOrSwim

There are, however, some exceptions. For example, this is Truth Social’s DJT ticker as of a few minutes ago:

Source: ThinkOrSwim

The decline from the $60 range to the $50 range happened this morning. At listing, stock analysts warned that the valuation was pie-in-the-sky, and we see this being corrected daily. At its height —a mere six days ago — the stock traded for $79.38/share. On its race to the bottom, it just broke through $49/share. To be fair, it’ll likely bounce at least once, as desperate investors attempt to counter reality before literally losing it all.

What makes this even more glorious is that King Rapey of Crime-a-lot, who is already on the hook…

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Kevin King
The Haven

“The first step to achieving the impossible is to believe in its possibility.” I write short pieces to inform, inspire, and hopefully teach a fast-paced world.