Trump has DISASTER PRESSER as US HITS 40 TRILLION DEBT!!!
Donald Trump just wrapped up a. disastrous press conference in the White. House at the same time that the total. debt of the United States now exceeds. $40 trillion. And over 30% of that is. attributed to Donald Trump. Donald. Trump's disastrous press conference. featured crypto leaders and tech. leaders. And just as the US national. debt exceeded $40 trillion, it also just. so happened while those crypto leaders. were in the White House that Bitcoin. rose in value over 7% today. Let me show.
you what went down during this. disastrous White House press conference. Donald Trump said that he loves to hear. bad economic numbers. Here, play this. clip. >> Pretty simple to me, but it's a killer. >> You know, I almost like to hear bad. numbers. I'm saying I hope we have bad. numbers today. interest rates will go. down. It doesn't make sense. >> And then he said, "Every time I hear our. country is doing well, I say too bad.". And that makes me upset. Here, play this. clip. >> Interest rates should go down. But every.
time I hear our country is doing well, I. say, "Oh, that's too bad." Because they. lift up interest rates. They should drop. interest rates because it means we have. a strong country. Now, before Donald. Trump uh arrived, he made the crypto and. tech leaders wait for over an hour, and. some members of the press were mocking. them, asking if they wanted to play Red. Rover. Red Rover here, play this clip. >> We have a few Bitcoin.
>> Want to play Red Rover? And of course, we continue to see Donald. Trump's cognitive and physical decline. You can see Donald Trump's droopy face. as he falls asleep while the SEC chair. was talking. Here, play this clip. >> Consonant with our belief that the most. important priority is for Congress. >> More of Donald Trump falling asleep as. some of these tech people or crypto.
people are speaking. You can see for. yourself Donald Trump sleeping. Let's. play it. Tokenization will open up. markets that have long been out of. reach, including private companies. Today, too much economic value is being. created before ordinary investors get a. chance to participate. And while Donald. Trump was sleeping, he was also making. these very weird faces. It was like he. was having these involuntary spasms. where he would just make like these.
weird smiles. I'll show you what it. looked like so you can see for yourself. Let's play this clip. >> And tangible outcome that's really now. benefiting the US and adoption of US. >> and Donald Trump really struggled to. talk throughout this press conference. He was trying to say that we're in the. very beginning of a financial. revolution, but he called it a fictional. revolution. You could listen to it for. yourself. Let's play this clip right. here. >> But we're also on the very beginning of. a revolution and fictional and.
financial. you you take a look at some. of the things that are being done on a. financial basis and the financial. technology that's the potential to. create more jobs, opportunity, and. wealth for all Americans. And that's. what it's doing is creating jobs and. great wealth. And then he was excited to. show off the Wlvoss brothers who he. refers to as my male models who happen. to be geniuses behind him. Again, so. utterly deranged. here play this clip. >> or if anybody else of this very.
distinguished would somebody like to say. something my male models who happen to. be genius they're brilliant and they. look good right but uh anybody would you. like to say something go ahead please. >> just want to thank you Mr. president for. all of your leadership. America should. lead in crypto. >> And then he started to attack. Switzerland and says, "If I want to, I. will cut off all business to. Switzerland." Let's play this clip. >> On the bin market, is the administration.
done enough to stabilize the bond market. after. >> Well, I think it is, but I mean they. it's it's very sad. Every time we do. great, we announce great numbers, the. interest rates go up, and they go up. because they want to stop inflation. They should go down because the country. is strong. You know, I see countries. like Switzerland where they're the. number one lowest interest rates, a half. a percent. And we pay three and a half%. And yet, if we stop doing business, for. instance, I have the absolute right to. cut off all business with a country like. Switzerland, like anything. So why are.
they prime if I can cut off the business. and they are no longer functional? And. yet they're considered to be like an. elite country. And I don't want to. single them out because there's 60. countries like that. They live off the. United States. So why are we paying. higher interest rates than them? You. know, in the old days, we used to pay. the lowest interest rate no matter how. we were doing because we sort of. generate for the whole world. And I want. to see it where interest rate and and I. have to tell you, we have a wonderful. chairman. I think he's doing a great. job. The problem is he has a board and.
it's a political board. People put in by. Obama, Biden, and me. And uh there are. quite a few members still left as you. understand. And so they vote to raise. interest rates. I don't know if they're. doing it because they think they're. doing a good thing or because they like. the politics of it. But my point is. years ago, 25 years ago, when the. country announced good numbers, interest. rates went down because we had a. stronger country. Now when we announced. good numbers, the better they are, the. worse it is for interest rates. So he.
then attacks Iran and he says uh well he. says that a lot of pipelines are being. built and I think the Hormuz Strait is. not going to be as important anymore. So. you can hear this for yourself. Let's. play it. >> at other places. In addition, a lot of. pipelines, record numbers of pipelines. are being built. So uh I think the. hormone straight's not going to be quite. as important as it was in the past. Then. he lies and claims the straight of. Hormuz is open. And he says, "A lot of.
boats are coming through. No one's. reporting it," he says. But it's wide. open. We know this is not true. We know. the strategic petroleum reserves have. hit all-time lows. We know that the. price of diesel is now $5.50 a gallon. We know the crack spread over $102 a. barrel. We know that the price of gas. nationwide over $4 a gallon. But okay, this is just Donald Trump lying. But. he's got the tech bros and the crypto. bros behind him. Let's play this clip. >> I want to ask you about Canada, but.
first the Treasury Secretary says that. we could see the most impactful. sanctions on Iran this week. When will. they come and what else could be. sanctioned on Iran? >> Well, we have things that we could. sanction. We have very draconian. sanctions and we'll uh see what happens. Right now, the straight is open. We a. lot of boats are coming through. People. aren't reporting that and that may slow. down a little bit. at some point, but. right now a lot of boats are coming. through. Uh, the naval blockade has been. extremely effective.
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Then he goes and praises Kim Jong-un and. he said it he says it made him very. angry to find out that the US and South. Korea were doing military exercises. together and he says that it was very. insulting to Kim Jong-un who's been a. great partner. Kim Jong-un continues to. threaten the United States and our. allies or I guess former allies. He was. doing ballistic missile tests the other. day. Um he his sister just mocked you.
which is one of the main leaders in. North Korea and said that they're not. even having conversations with you and. that you're lying and Korea's helping. China and Russia and Iran. But okay, sure. Sure, Donald. And by the way, in. South Korea, they said that they got no. notice at all that Donald Trump was. going to shut down joint military. exercises and attack military. cooperation between United States and. South Korea to help his friend Kim. Jong-un. Let's play this clip. >> Didn't like the fact that we're doing. these massive military exercises really.
against North Korea. It was a, you know, exercise against North Korea when I'm. friendly with him when we have I don't. see anything happening for certainly two. and a half years. It's not going to. happen with me, but I don't see anything. happening. And I was not happy when. South Korea said, "No, they're not. interested in helping us with the Armo. Strait." And yet they get 60% of the oil. from the Haros Strait. I said, 'Would. you like to help us?' He said, 'No, thank you. I said, ' That's nice, please. Thank you. He made us a lot of.
money. I didn't like that. So, uh, I I. felt that to do a massive, we were doing. a massive war exercise. I thought that. was very insulting to somebody that. frankly has been during my term at. least, uh, very well behaved. >> More from Donald Trump here. He says. there needs to be data centers in. everybody's backyard. And if Donald. Trump was a mayor, he would make sure. that there were data centers uh in his. town. Let's play this clip. >> If I were the mayor of a town or the. governor of a state and I had a chance. to get a big plant in, an AI plant or a.
data center, I would absolutely want it. because the jobs are enormous and the. money paid, the taxes paid are just. enormous. And if you don't take it, you're going to be left behind because. there are plenty of places that want it. And then Donald Trump says that uh it. was a bad thing that Obama and Biden. were not loved by Kim Jong-un, but Kim. Jong-un loves him. So that's a good. thing he says. Let's play this clip. >> Well, I don't want to talk about that, but I do have a good relationship with. Kim Jong-un. Uh as you know, you've seen.
uh he didn't like Biden, he didn't like. Obama, he didn't like anybody, but he. likes me and I like I you know, I just. got along with him very good. We had we. had great meetings. we speak. Uh, and I. think our nation and I think other. nations, frankly, whether it's Japan or. or South Korea, they're a lot safer if. I'm president of somebody else's. president. Now, I didn't like the fact. And then he says something really. revealing here, although he's too dumb. to even realize what he's saying. He.
says, "When our country is strong, interest rates should go down. When our. country is weak, they should go up.". That's what's happening right now. The. country is weak, so interest rates are. going up. That's why the Treasury yields. were very very high. They still are high. although you did a buyback scheme. earlier this morning uh where you are. artificially propping up short-term. bonds in order to artificially suppress. long-term bonds as part of a broader.
Ponzi scheme. I covered this with Justin. Wolfers in an earlier video I did, but. you can hear what he says. How revealing. is this? Let's play this clip. Look, when our country is strong, interest. rates should go down. When our country. is weak, frankly, they should go up. But. this country is strong. They've never. had, there's never been in history the. kind of money coming into a country as. we have right now. Trillions and. trillions of dollars are being invested. in plants, factories, everything.
Everything you can think of. We're the. hottest country in the world. We are by. far and I you know I said it a hundred. times the king of Saudi Arabia many many. people they said two years ago three. years ago your country was dead now you. have the hottest country in the world. that's what we have we have the hottest. country in the world and then Donald. Trump's diagnosis on the straight of. hormuz and gas prices is it will either. be really good or it will be really bad. but we will see stay tuned to the next. episode of these dystopian episode of.
the apprentice the reality show that the. American people in the world are non-con. non-consensual participants and and. nobody wants to be associated with in. Trump's sick derange world. Here, play. this clip. >> for other places. But we'll see. We're. going to see what happens. Uh it'll. either be extremely good and oil prices. are going to drop like a rock or we'll. continue to do exactly what we're doing. You know, uh they were talking about. $350 a barrel and it's today 8485. Donald Trump is asked if Americans.
should be concerned about the bond. markets and he goes, "No, because we're. so rich. Everything's amazing." That's. not true. Here, play this clip. Even. despite the fact of what's happening. with interest rates, >> should Americans be concerned about this. volatility in the bond market? >> No, I don't think so. Because, like I. said, our country is doing so well. despite interest rates. We have interest. rates that are artificially they're. actually artificially high. They raise. them for no reason. And you can't go out. to the market when you have a Fed that's.
raising interest. You can't say, "I want. to pay three points less than what the. Fed says you're supposed to be paying.". So, no, I don't think so at all. I think. we have a very powerful country and. we're powering through these ridiculous. interest rates. They're ridiculous. And then he goes on and he's uh. continues to be asked question. Oh, the. chair of the SEC says, "We're making. IPOs great again." All right. Well, tell. that to the average American or 99% of.
Americans, not the 1% who are not. saying, "We've made IPOs great, but who. can't afford groceries or can't afford. rent or certainly can't afford to buy a. home." Here, play this clip. >> From day one, you've made our nation's. financial dominance and innovation. Job. one. We at the SEC are delivering on. your agenda. We're making IPOs great. again to continue on your theme by. cutting red tape that discourages. companies from going public. Then he. goes and says that he's a genius and. that's why he signed the Genius Act. You. can see this for yourself right here.
>> What it's done, it's been amazing. One. year ago this summer, I signed landmark. legislation known as the Genius Act. I. named it after myself. I didn't want. anyone to I didn't want to use my name, so I just called it the Genius Act. Paving the. >> And then finally, he's whines about the. bond market and says it's all very. everything's unfair. It's all cheating. Everything's unfair against him. It's. all a conspiracy against Donald. Here, play this clip. >> Now, when we announce good numbers, the. better they are, the worse it is for. interest rates. So, we could be we could.
have a GDP of 10 times. You know, they. say, "Oh, it's going to be three times. or 4.1.". Uh, we could have a GDP of 10, 12, 15. times if they just leave us alone. Let. us let the rates go down. We should pay. the lowest interest rates. You know, every point of interest is $600 billion. Think of that. Every point of interest. is 600 billion. Two points means we make. a fortune, but we keep driving it up.
It's a very unfair system. And I'll just. finally remind you that earlier today we. covered Donald Trump roaming around the. White House premises. being completely deranged about the. stones and the grass and feeding the. grass. and the grass is eating food or. whatever the hell he is. I'll just. remind you what it looked like earlier. today. Play this clip. >> So then put instead of putting straight. pieces down, we have the stone is. absolutely perfectly rounded. If you.
look at it, it's sort of amazing because. you can barely see it, but it's just a. slight radial cut and uh it's a perfect. job. It's a. >> There you have it everybody. Let me know. what you think. Hit subscribe. Let's get. to 7 million subscribers. Thanks for. watching. Before you go, our book WTF. America is available for pre-order now. It's the story of how we got here and. how we fight our way back. To pre-order, scan the QR code or click the link in. the description. Let's do this.
