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On September 10th, there will be a live debate between Trump and Kamala Harris, and I'm sure that when that day comes, the Kamala balloon will burst.
Kamala did not come this far by speaking on her own like Trump, influencing people and forming her own base. The only thing that makes her appear as a rival to Trump is the incredible financial support of the Democrats and, of course, the media.
However, I see a fracture in the support Kamala is receiving.
Recently, an article in The Economist, known for its stance against Trump, stated that Kamala's economic program is completely nonsense. This is because Kamala has made many incredible statements, such as increasing the already high corporate tax, imposing taxes on unrealized gains in the stock market, appointing crypto opponent Gary Gensler as head of the SEC, and applying a ceiling on prices by intervening in the free market.
Increasing taxes is already a disaster, and taxing unrealized gains in the stock market on top of that is completely absurd.
If such a decision is made, CEOs or founders of many companies like Elon Musk, Jeff Bezos, Jensen Huang will have to sell their billion-dollar shares. Because their wealth comes from the shares they hold, not from the cash they have.
So Kamala wants to tax money and income that actually does not exist.
Just because of this, news of the company CEO and founders selling will trigger massive sell-offs in the exchanges and create a scenario in America that is reminiscent of doomsday.
In short, Kamala, who operates with an extremely communist perspective in the capital of capitalism, America, is not only a disaster for cryptos, but also for American stock exchanges and possibly all global markets.
In conclusion, I don't think that such a failed person can win the elections. Kamala's incompetence will come to light on September 10th. Indeed, the fact that some independent candidates are withdrawing their candidacy and starting to support Trump also creates an additional advantage for Trump.
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