MeidasTouch Full Podcast - 5/9/25
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What chaos is Trump causing in the economy?
Donald Trump announced a fake deal with the United Kingdom today where essentially Trump partially removed tariffs that he put in place in early April. And he's calling that a deal while trying to manipulate the markets and telling people, I don't know, something good may happen with China. You may want to start to buy stock right now. We've seen this game with Donald Trump before. But let's face it, mainstream real people are suffering right now, unless you're in the 1% or the 1% of 1% inflations on the rise. Again, the deficits, trade deficits are actually getting larger. Our economy is shrinking. We'll talk about that on this episode. Also, a new pope was selected, the first ever American pope now named Pope. Leo the 14th was previously a cardinal in Chicago.
One of the interesting data points is that the new pope had previously made lots of posts very critical of Donald Trump and J.D. Vance, and also a bishop who was part of Donald Trump's Committee on Religion had made a statement that he does not expect there ever to be an American pope unless the power of America is in decline. And if an American pope were to ever be appointed, it would demonstrate the view by the Vatican that America is in decline. So you can ask yourself if that's a correlation, but this bishop who's part of Donald Trump's religious council is the person who made that statement. Also, the MAGA Republicans at war with each other over the reconciliation of the You've got a lot of MAGA Republicans who want to gut Medicaid. Others are worried about the optics of gutting Medicaid and how that could impact their election in the midterm. They're calling this a big, beautiful bill because Donald Trump's making them call it that.
but it is a big massive disaster and already mega republicans in the senate like ron johnson from wisconsin are already saying there's no chance that a reconciliation along the lines of what the mega republicans in the house are doing will ever pass the uh senate we'll talk about that we'll talk about a lot more and of course donald trump uh saying little girls you get one pencil one doll and shut up Trump regime central planning is telling you what you can buy and not buy while Donald Trump is getting ready for a trip to the Middle East to meet with countries whose sovereign wealth funds have put literally, what, $4 billion in Donald Trump's pocket in the past 100 days, whether it's a resort deal with Qatar, Abu Dhabi using Trump crypto, Saudi Arabia having Trump resorts in Oman, and more.
Donald Trump's family is the only person benefiting off of all of of these, what I like to refer to as the rug pull Ponzi scheme presidency. Let's bring in Brett and Jordy. Guys, how are you doing, brothers?
Doing well. Trying to make sense of this all, Ben, Jordy. Good to see you guys. Good to see you, Midas, Mighty, everybody watching here on YouTube, everybody listening on Apple Podcasts, Spotify, wherever you get podcasts. Make sure to add the Midas Touch podcast. Another day, another day of chaos, as always, with Donald Trump. I like how these Republicans are always concerned about the opposition. What if it looks bad that we're taking away people's health care? How about don't be so concerned about the optics and be concerned about the fact that you're actually trying to take away people's health care? How about we start there and not with how is this going to look to people? Because it looks pretty bad. because it is pretty bad.
And Trump now kind of just encouraging these shortages, saying that we're going to have to learn to live with less, that girls are going to have to have less dolls, fewer dolls. And what's his obsession with dolls anyway? Everything's about to get more expensive. There are about to be shortages of every single product under the sun. And Donald Trump just continues to sit there, manipulate the markets, do his same scheme, and honestly sound like a communist dictator. of the way he speaks like trump is like full-on commie right now the statements coming out of his mouth are what we've heard from communist regimes throughout history now it's coming from an american president and the irony of the party who's always calling everything communist the irony of that coming from them is just very apparent to me i would say anyway good to be here with you guys jordy what's the latest on your end
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Chapters
6 chapters
1
What chaos is Trump causing in the economy?
0:00–6:59
2
How is Trump's trade policy affecting the economy?
6:59–16:53
3
What controversies surround the new American Pope?
16:53–29:33
4
How are GOP Senators reacting to Trump's spending bill?
29:33–42:46
5
What are the implications of Trump's Middle East deals?
42:46–57:25
6
How are tariffs impacting American consumers?
57:25–1:17:24