Trump said markets would drop to 1929 levels if war with Iran continues
President Trump, speaking at the G7 summit, warned that ongoing U.S. military actions against Iran could send markets tumbling to the depths of the 1929 Great Depression. He also hinted at a possible agreement to de-escalate tensions. This comes amid growing concerns about the economic impact of prolonged conflict and its potential to destabilize global markets, highlighting the delicate balance between geopolitical strategy and economic health. Trump's comments underscore the interconnectedness of global affairs and financial markets.
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