Some of the brightest minds in finance are apparently so TERRIFIED of what would happen to America’s economy if Democratic nominee Vice President wins the election that they’re planning to pull BILLIONS of dollars out of the stock market.
One of those brilliant minds is billionaire hedge fund manager John Paulson, and he has said that if America goes “down the path” of electing Kamala Harris it will be negative both for the economy and the markets.
Paulson notes that under President Joe Biden and Kamala Harris, they have managed to fake economic growth by rapidly increasing government spending to the tune of 14% this year alone.
However, he says this can only go on for so long because “sooner or later, you’re going to reach a wall.”
With America rapidly approaching this wall, he warns that a President Kamala Harris could bring about the total destruction of the American economy.
To hedge against what he believes would be an inevitable collapse under Kamala, Paulson plans to pull all of his money out of the markets – billions of dollars – and store it in cash or gold.
Paulson adds that Kamala Harris has no real plan for the economy aside from “spend, spend, spend” which equates to increasing taxes on hard-working Americans and increasing government spending.
Conversely, Paulson points out that President Donald Trump has a concrete plan to SAVE the American economy by doing things like taming inflation, reducing government spending and making America more competitive on a global scale.
Watch the video here to see why one of the smartest people in America is TERRFIED about what could happen to this country under Kamala Harris.