XJO - Bear Posts only (Factors which might cause the markets to fall), page-22757

https://www.cnbc.com/2025/06/03/trump-crypto-wallet-meme-coin.html

$TRUMP crypto wallet launches for meme token. Eric Trump denies knowing about it

Trump’s expanding crypto portfolio already includes NFTs, a stablecoin, a decentralized finance platform with its own virtual token, meme coins named after him and the First Lady, as well as plans for crypto ETFs through Truth Social’s new financial arm, TruthFi.


What phase of the market cycle are we in when the President is now openly grifting? I thought he was going to drain the "swamp" not fill it up? Seems its not just us that see the corruption:

https://www.theguardian.com/us-news/2025/jun/03/elon-musk-trump-tax-bill-disgusting-abomination

Elon Musk calls Trump’s ‘big, beautiful’ tax bill a ‘disgusting abomination’

The former head of Doge said the ‘outrageous’ tax bill will cause the deficit to grow to $2.5tn


So how corrupt is Trump when the worlds former number 1 grifter is shocked by the levels of corruption? As I keep saying this always happens right before the collapse/crash.

P.S. Retail need to understand this won't be an "ordinary" crash/collapse we are talking a wipe out not seen in our lifetimes IMO and its well deserved: