MeidasTouch Full Podcast - 7/28/26

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The MeidasTouch Podcast 1h 16m 5 speakers 6 chapters transcribed 1 month ago
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What is the main topic discussed in this episode?

Ben Meiselas 0:00
We've got a lot to discuss on today's episode of the Midas Touch podcast.

How has the Strait of Hormuz and Bab el‑Mandeb shutdown affected global shipping and supply chains?

Ben Meiselas 0:04
The Strait of Hormuz remains closed. The Bab el-Mandab Strait effectively closed by the Houthis. Zero ships leaving from the Strait of Hormuz through any route other than the IRGC route. And even then, you have the US blockade in the Persian Gulf. In the Bab el-Mandab Strait, the Saudi tankers are effectively blockaded by the Houthis. You have what appears to have been a major drone strike by Iranian drones in Erbil, Iraq, by the Erbil International Airport. You have strikes escalating between Russia and Ukraine, each striking each other's infrastructure, often refinery-related infrastructure, but also cargo ships. You had Donald Trump over the past 24 to 48 hours following that disastrous White House Correspondents Dinner debacle, posting AI images of himself attacking Karg Island, engaged in war crimes.
Ben Meiselas 1:06
Weird AI cartoons of Bruce Springsteen and Chris Christie mocking Chris Christie for being fat, saying that we're the guardians of the world as he posts weird AI slop of the United States destroying civilian infrastructure in Iran. Weird AI images of himself standing next to JFK. I mean, deranged post after deranged post all throughout the day. and weird posts from the White House account where it's like a cartoon of an actual alien being like – looks like assaulted and touched in the chest area by border patrol while Donald Trump frolics, cartoon Trump frolics. It's like the hell is even going on here, America? I mean seriously, WTF? While all of this is going on, Donald Trump said, we hit the hell out of Iran.
Ben Meiselas 1:58
We hit them hard. So they asked, can we do a deal? They're begging me for a deal. We're doing that time. They're begging me. They're begging me. And I said, time is of the essence and I may blow the hell out of them again, but I'm going to wait and see. I'm going to wait and see this. As we learned over the weekend, what we've been reporting here now for weeks at the Midas Touch Network, that the U.S. is running very low on munitions. Some of the precision munitions have been 80% exhausted, others in that range. The U.S. air bases nearby to Iran basically do not have any defenses at all. So Iran's been able to really hit hard when it comes to the early warning detection radars and a lot of the equipment.
Ben Meiselas 2:46
planes and containerized barracks and other things that are there. That's why the US moved a lot of its equipment to Israel right now where there is that iron dome in Israel, but no security umbrella really anymore for the other Arab nations. One of the reasons we believe that Donald Trump stopped the escalation that he threatened to do, although you know, who the hell even knows, this guy posting weird AI slop, is because China has been getting involved in a more robust way. Xi Jinping through his foreign minister Wang Yi conveying to the Trump regime, China stands behind Iran, They've always said that before politically, militarily, economically. And if Trump unleashes hell on Iranian infrastructure, China could get involved.
Ben Meiselas 3:36
And since the United States doesn't have precision munitions, that would be a very big deal and very problematic. So a lot of this is being a lot of updates happening moment by moment here. And then Donald Trump gave a speech in a Michigan General Motors plant. where he was actually protested by data center, anti-data center activists, which it's basically most people right now are anti-data centers, as Donald Trump keeps pushing that he wants more data centers in every community. Also people calling him a pedo protector, and then Trump calling someone who called him a pedo protector a communist. You're a communist, you're a communist. And then Donald Trump told the crowd, I'm better than your parents are for you, remember that.
Ben Meiselas 4:21
I'm better than your mom and dad, remember that. and we're in a golden age right now. So we've got a lot to discuss. In other words, Brett and Jordy, how are you hanging in there, brothers?
Mat Nuclear 4:32
Very normal intro, Ben. Very normal things happening in the world, I got to say.

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