Economist who predicted 2008 crash says coronavirus will send Trump’s 2020 campaign down in flames

Per Business Insider, Roubini told German newspaper Der Spiegel that he expects the virus will cause the stock market to drop by as much as 40 percent this year.

When that happens, Trump will lose his top talking point about the purported “greatest economy ever” and his reelection campaign will go down in flames, the economist predicted. What’s more, he said that Trump’s campaign was toast no matter who wins the 2020 Democratic presidential nomination.

“The Democratic field is poor, but Trump is dead,” he said.

Roubini also said he’s seen fears about coronavirus already impacting his local economy.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s