Trump: US will be in ‘massive depression’ if Biden wins elections

US President Donald Trump believes that if his rival Joseph Biden, representing the Democratic party, wins the election, the country will be depressed, Report says, citing TASS.

If Joe Biden (D) wins in November, he will raise taxes and plunge the country into a depression, President Donald Trump said Saturday at his rally in Janesville, Wisconsin.

"So if you vote for me, you'll have the greatest … if he gets in, he's going to raise your taxes like crazy. If he gets in, and it's not him again, it's his people that tell him what to do. If he gets in, you'll have the most significant depression in the history of this country. Your stocks will go to hell."

"This election is a choice between a Trump super recovery and a Biden depression. And you know they're going to raise your taxes substantially, like, quadruple," he told the crowd at the Supporting Law Enforcement event.