Trump LOSES ALL CONTROL and SHATTERS US ECONOMY!!!

Donald Trump is crashing the United. States economy as he further escalates. his catastrophic war in Iran. In the. real world, not in Donald Trump's. fraudulent criminal world, the United. States has not brought in $19.2. trillion. If we brought in $19.2. trillion, then why is the debt going up. over $3.5 trillion in this year alone? Why has the total debt and I know a lot. of people aren't talking about this.

anymore because they just want to cover. up for Donald Trump and MAGA but the. national debt is approaching $40. trillion. Donald Trump has added. basically 30% in his presidencies to the. overall national debt. Let's just take a. look at charts, not Donald Trump's. fraud, to talk about what's really. happening in the economy. And you know. what's happening in your economy, in. your home, in your apartment. You know.

the struggle to pay rent. You know that. housing is not affordable. Groceries are. not affordable. Gas prices are going. back up right now. Let's just talk about. the data because that's what we do here. at the Midas Touch Network. You want to. take a look at the traffic in the. straight of Hormuz. You know how Donald. Trump says never before have we had such. good traffic. It's like never before so. good. Actually, if you take a look right. here, um you know, it looks like uh to. the left the giant wall from uh Game of.

Thrones. And then uh everywhere to the. right of it is where the traffic is. right now. Traffic in the straight of. Hormuz is at a complete standstill. There are no ships leaving the straight. of Hormuz as now it appears Iran will. escalate in response to more of the war. crimes being committed by the Trump. regime and perhaps shut down the Bob. Elandab Strait in the Red Sea. At the. end of last week, oil prices are up 20%.

over the past 10 to 15 days or so. Oil. prices were approaching $90 a barrel. You have Treasury Secretary Bessant, in. my opinion, trying to manipulate the. market by bringing in certain whale. investors to short the crude market and. try to bring down the price there. But. the crack spreads, they don't lie. That's the difference between the. refinery price and the price of crude at. an all-time high there. Those crack.

spreads like $86 a barrel. the crack. spreads are higher than the price of. crude itself, which is unheard of. And. that crude price is that 80 to90 uh. range. But with this escalation, we can. expect that to go up into the 90s and. perhaps even higher. We'll see where. that lands later today when the futures. market opens uh there. Uh when it comes. to uh mortgages right now as you know uh.

the uh mortgage rate about 6.55%. uh up sharply recently and that. continues to go up. I mean housing um. entirely unaffordable. Um, you take a. look right now, speaking of housing, um, you have foreclosures this year, a 21%. increase from last year and a 30%. increase from 2 years ago. And I think. these are important metrics. Foreclosure. up right now, 30% from 2 years ago. And.

when you look at uh, credit card. delinquencies, record high. Student loan. delinquencies, record high, medical debt. delinquencies, record highs. Consumer. sentiment, all-time historical lows. And. when I say record highs and all-time. historical lows, you know, when it comes. to all of this data, um, always in the. negative, always on the bad side of. these things. I mean, we're talking.

about great recession. We're talking. about the collapse of the dot boom. I. mean, we're talking about, you know, a a. lot of data right here being uh. aggregated. Um, you have healthc care. being torn away from Donald Trump's one. big beautiful bill, the disastrous fraud. that that was, you've seen already. millions of people lose their health. insurance. As soon as uh the midterms. are over, we're going to see millions of.

more people get kicked off of Medicaid. and millions of more people lose the. insurance that they have. That's coming. soon. And more and more people losing uh. their insurance. Um you know, when you. look at um all of the like economic. metrics, they look a whole hell of a lot. like Donald Trump's DJT. Uh you know, Trump media. I mean, you. look at Trump Media crashing right now. Um, the stock is sub $10. When you start.

a spa, you start at $10 a share. So, it's just below water right there. Um, and what's the priority of Trump Media. right now? You heard at the end of last. week, Trump media has been pitching. $100,000. monthly fees for stock traders to get. instant or to get access to Donald. Trump's posts where Trump manipulates. the markets. This is real before. everybody else sees Donald Trump's post.

So if Trump post about Nvidia or Micron. or whatever the stock it is, if you pay. $100,000, you can get access or this was. being floated uh to Trump's social media. posts on Trump Media First available to. the oligarchs and the stock traders. If. you I mean what are they like. systematizing. uh you know this horrific horrific. behavior. Um, you know, also, I'm sure. you've been following this, um, SpaceX. crashing, tanking down 22%.

or close to 23%. uh, since it was added to the NASDAQ. 100. So, Trump and Musk had the rules. changed for the NASDAQ and NASDAQ 100. Normally, you'd have to wait a. significant period of time to see how a. company does because you want to avoid. pump and dumps and all of these schemes. before a stock can be put on the NASDAQ. 100 because a lot of 401ks and mutual.

funds and funds that people invest in, part of the investment is in the NASDAQ. 100 or in the NASDAQ. So when SpaceX put. itself into the NASDAQ, you may not want. to even own SpaceX, but your 401k, your. mutual fund, your funds that you may. have been invested in had space had to. they had to purchase SpaceX because they. follow their criteria which says they. have to buy certain NASDAQ companies. So.

when it was added to the NASDAQ 100 and. it got this status, they had to buy. SpaceX. So that's been harming people's. portfolios right now. And the reality is. and in my opinion, I mean, it's the. revenue that it was making never merited. anywhere near the valuation um that it. was given at first. And you know, and. and and and here's the results of of all. of this. also more reporting about how. uh Donald Trump would make social media.

posts about various companies um in and. around the time that he would purchase. the stocks in these companies. And CNN. did a pretty good expose where they said. Trump trades stocks before favorable. truth social post and they gave tons of. examples how Trump uh made stock trades. shortly before posting favorable. comments about them. So, with all of. this taking place, and I know the. struggle is real, um, what's Treasury. Secretary Scott Besson saying? How is.

how is he dealing with all this? Well, he went on a podcast called, uh, The Way. I Heard It. And Treasury Secretary. Bessence of Everything is, look, if you. do the right thing and you work hard and. you make good decision, there still may. be the American dream for you. I mean, just what an this guy is, huh? Here, play this clip. I really think. it's up to us to let people know that. the system does work for them. If you do. the right thing, if you they want to.

work hard, if you want to make good. decisions, then there is still the. American dream. So, and you got to make. sure that they are good paying jobs on. the other side where people can move up. Then he goes on state regime media Fox. with um with uh with state regime media. Fox and he talks to them and he's just. like look you know the uh you know the. Fort Knox has gold and we're with Jesse. Waters everybody I forget Jesse Waters.

name you know we have the gold in Fort. Knox and you can trade these. certificates for gold. No you can't what. are you talking what are you talking. about Fort Knox gold? They want to talk. about everything other than the struggle. that the American people are. experiencing. Here, let's play this. clip. >> Have you visited Fort Knox? >> I I haven't. I haven't. People on my. staff has uh we're going to the. treasur's office. The treasurer has been. to Fort Knox. I am happy to say all gold. is present and accounted for. Uh the US. has the largest pile of gold in the.

world, over a trillion dollars at. current market value. >> And we're getting more gold from. Venezuela here. Uh we're getting a lot. from Venezuela. We're we're getting uh. gold. These oil sales are going great. It's going back to the Venezuelan. people. >> And just so you see, even though he. says, "I never took the trip to Fort. Knox." This has actually been something. that Donald Trump has been saying to his. supporters over and over again. We got. to check out if the gold's in Fort Knox. We're going to get rich with all that.

gold in Fort Knox. You'll see it's all. right around the corner. Just like your. Doge dividend checks, right? $5,000. Your tariff rebate checks. It's right. around the corner. The golden Fort Knox. You're going to get rich. You're going. to get rich. You're going to get rich. Remember when Donald Trump said, he. goes, "I would be the greatest communist. like Lenin." That's what he said. Lennin, just like Lenin, cuz I would. just promise people everything and then. I wouldn't even have to deliver. I'd. make the greatest communist. He said. here, but I don't need to show you that.

he said that. But here's uh here's the. video of Fort Knox. >> on this one. You know, all my life I've. heard about Fort Knox. That's where the. gold is kept, right? I heard Fort Knox. Oh, but you know, we're getting a little. bit shaky. We're getting the yips on. this stuff. Like, I want to find out. So, we're going to open up the doors. I'm going to see if we have gold there. We want to find out. Did anybody steal. the gold in Fort Knox? It's a pretty. amazing place, but I'm going to actually. go. We're going to open the doors. We're. going to inspect Fort Knox. We want to. make sure that we actually have, you. know, 400 tons of gold or whatever the.

hell it is. It's a lot of gold. I don't. want to open it and the cupboards are. bare. Could happen if you look at some. of the things. Oh, by the way, wait till. we go into the education department. We. haven't even done that. So, we we could. find as much as it $1.5 trillion worth. of waste, fraud, and abuse. If we do. that, we can balance budgets. We can do. a lot of other things. All right, I'll. show you just so you can hear him say, "Len, Lenin, I'd make the greatest. communist." Here, let's play this clip. I want to get the word out because.

what's forming is a communism in the. country and communism's easy to sell. I. would be the greatest communist in. history. I'd be right up there with. Lenin. I'd be I'd be as good as anybody. You've got free rent for the rest of. your life. What they don't say is that. you'll be living in squalor in 12. months. You've got the free house. Would. anybody like to have a free house? We'll. take it away from somebody. We'll give. it to you. You'll have murders all over. the place. Communism is a disaster. It's. been proven to be for thousands of years.

under different names, but same thing. It's um very important. And you know, it's and then you'll even see in 2025. Donald Trump when he was in the Oval. Office with French President Emanuel. Mcronone. Trump again talking about Fort. Knox and Mcronone looking at him like. he's like a like a crazy person here. playing this clip. >> We're actually going to Fort Knox to see. if the gold is there because maybe. somebody stole the gold. tons of golf. >> I think also the way to think about. these uh reconciliation bills that.

Donald Trump does, you know, I used to. litigate against Ponzi schemes and I was. a lawyer. I would be appointed by a. receiver um who would work for the SEC. and I would litigate these cases against. massive Ponzi scheme frauds. One of the. tactics that they would do is they would. create SPVS, special purpose vehicle 1, special purpose vehicle 2, special. purpose vehicle 3. So they'd raise money. for special purpose vehicle one. They. take it for themselves. They would tell.

special purpose vehicle one investors, "We got all this money for you, billions. of dollars we've made." And then what do. they do? They then do special purpose. vehicle two to then pay a little bit to. special purpose vehicle one investor so. that they feel okay. And then the in the. Ponzi schemers then take for themselves. and then they do it with special purpose. vehicle three and four and so on until. they get busted. That's like a a Ponzi. scheme. Reconciliation one, the big. beautiful bill. Reconciliation 2, now.

3.0 to me is just like special purpose. vehicles 1 2 and three. It is robbing. Peter to pay Paul. Except here it's. robbing from the American people or. bringing the American people further. into debt in order to pay Paul in this. case, no offense if your name is Paul, Donald Trump and the right-wing. oligarchs and the military-industrial. complex and to feed the money to them. and then create another urgency. Ah, we. need reconciliation 4.0. Ah, we need. reconcili you all say the big beautiful.

bill was going to cover everything. Not. only did it destroy American lives, it. didn't cover anything. So, you had to go. back for 2.0. 0 you had to go back for. 3. It's a Ponzi scheme. And all the. while Donald Trump throws out the. fraudulent number $19.2 trillion I. brought in. And of course he didn't. bring in 19.2 by the way. So we talk. about in our book WTF America pre-order. right now. WTF America I think we have. on the QR code. Um it's climbing the. charts. It comes out in October.

Pre-order helps us a lot. All right. I. want to bring in right now Justin. Wolfers. An interview I just did with. him. Um, uh, top economist, runs. Platypus Economics. He's the chief. economist at Midas Touch. Now, let's. bring in Justin Wolfers. Now, I want to bring in Justin Wolfers, chief economist at the Midas Touch. Network, also the founder of Platypus. Economics. Justin, great to see you as. always. Donald Trump's jawboning this. week, saying Iran wants to meet. Iran.

wants to meet. Yep. the boy who cried. wolf. Uh clearly looks like that weak. little pathetic boy in my opinion. Um. claiming deals. The boy who cried deal, I should probably call it. Um nobody. wants to, you know, nobody's the I don't. think the markets are buying it anymore. This comes at a time where there has. been not just an escalation, a rapid. escalation. Donald Trump destroying. bridges and civilian infrastructure in. Iran. Iran responding responding by.

targeting a substantial infrastructure. of the Arab nation neighbors. We're. learning that further escalation is. probably likely the pipe dream like. there's not even a thing anymore that we. ain't we ain't getting back to there in. my opinion anytime soon. At the same. time in the dark of night you had Donald. Trump tariffing Brazil 25% because of. the Bolsinaro family. It's many believe. that uh they're kind of putting tariffs. on Brazil, but only the Bolsinaros can. get away with it as Flabio is running.

against Lula for president and Donald. Trump now threatening more tariffs. against Canada, saying that because of. the wildfires, we want to punish Canada. Whereas Canada helped the United States. and when we had wildfires and lost their. lives helping us fight our fires here. This is what Donald Trump is doing. overall. I just want to get your take. because you and I talk about. reliability, predictability, what. America used to be known for, and this. isn't just volatility. The US is.

trading, in my opinion, like a penny. stock on steroids, or I should say truth. social. What do you make of it, >> man? I'm tempted just to start with a. joke that I'm surprised we haven't. gotten tariffs on Belgium for beating us. in the World Cup. But um the fact is the. president didn't use tariffs there. He. just called the head of FIFA. So, um, not really a joke there at all. Um, look, let's come back a level because. it's not just relentless dishonesty. It's if you don't have a reputation for.

being honest, it actually makes any form. of communication difficult. Right? If. you knew that I was a lying liar and you. went on a date with me and the date went. really well and at the end of the date I. said, "I think I love you.". You don't know where you stand. It gives. me no ability to form a relationship. with you or to walk away from a. relationship with you because nothing I. say can be trusted. And the president. has treated truth as if it were purely. optional. And in the short term, I think.

it had a very big political payoff for. him. It had a payoff because the news. media was not wired to was not wired for. someone to be relentlessly untruthful. There were a set of norms. If the. president said something, you would give. a difference. uh you wouldn't fact check. the president in real time. You would. take his messages because you thought. his messages would be informative and. you broke all that and it had a very. very large short-term gain for the. president. But where that leaves us as a. country is that he can go abroad and say.

things and no one takes him seriously. On one day he says he's going to blow. Iran smithetherines. I thought it was a. deeply dismaying day. I I hated every. part of it. I think blowing other. countries off the face of the earth is a. an immoral, unethical thing to do. But. this the thing to realize is that is a. power that we have and it's a power that. we have because our tax dollars have. gone to work creating this extraordinary. military and it does give us leverage. But if you speak like that and don't use.

the leverage, the leverage disappears. The president's speech no longer carries. any weight. And I think that's a huge. part of the problem in trying to get to. peace with Iran. and the guy promises. one thing today and then he rips it up. the next day. Right. Once you've seen. that act, why would you give something. up valuable if you're not going to get. anything valuable in return? >> You mentioned Belgium and the joke that. you were giving though, we should say. Belgium gave Donald Trump a golden ring. with all of these rubies and diamonds. True story. And that was one of the.

reasons that he made a tariff decision. uh that reduced certain tariffs after. getting a gift from Belgium you know be. before um when you as an economist are. making projections that's you know uh. when you teach university you know it's. charts it's mapping you know and the. charts are based on series of. assumptions and so when economists. whether they're at banks, whether there.

are people plotting mortgages, inflation, the markets, uh, jobs, whatever, you are able to assess trends. and you could, you know, you know, we. sometimes we call it soft landings and, you know, you you you follow things. uh. the one of the broad issues you know and. I want to hear your thoughts you know as. an economist the challenges that this. also presents now that we've established. what it means when trust is lost but the. level of volatility you know I is is so.

off the charts and it seems that the. only people who make money are the. insiders when essentially they create. their dips they buy their dips but at. some point the dips become and you know, you can only do that certain amount of. times before the dip becomes a whatever. And, you know, look, you see I I saw. Jamie Diamond, you know, someone who I, you know, used to very much respect. I. see him on stage. I understand he's got.

stakeholders and shareholders and he's. got to say certain things that he's got. to say, but, you know, he's up there on. stages with Trump saying things that. make me, to be honest, a little bit kind. of sick to my stomach while Trump is. doing all of this. And so I just want to. get your take broader about how you deal. with this as an economist, the. volatility. >> Yeah. So it's interesting because the. emotional volatility that you feel, I. mean, Ben, I know no one lives it more. than you do. You're on top of the news. cycle day in day out. If I every time I. look up on the internet, there you are.

Um that emotional volatility that the. news cycle is literally an order of. magnitude faster than it's ever been. That the halflife of a story now is 2. hours. That's one thing, but actually it. translates in a very different way into. financial markets. Here, let's think. about this slowly. Let's say the. president says, "I'm going to invade. Canada." The first time he says that, you think to yourself, "Crikey, that. would be terrible. This is a president. out of control. I definitely have to. dump stocks. We have the worst possible.

president. This is going to lead to a. painful war. This is going to have. terrible economic consequences." And. then by the end of the afternoon, the. president said, "H, I was just kidding. about bombing Canada.". Okay, so you've lived through that. Now. the next day when he wakes up and says. he's going to bomb Canada, what are you. going to do? You're going to realize. that much of the time he says that he's. kidding or he backs down. in which case. you no longer want to be the one who. sells your stocks because they're going. to rise again by the rest by the end of. the afternoon uh when he says he's not.

going to bomb them because you see. they're going to rise in the afternoon. you're going to sell them in the morning. which actually means that the. president's words do less to move. markets today than they used to and I. can give you a couple of examples when. we first went into a run um no one was. sure how serious we were that actually. led to very sharp stock market movements. and And then the president every day, I. think I counted literally 50 occasions. where he said, "We're on the cusp of. peace with Iran. If we were literally on. the cusp of peace with Iran, you would.

expect the market to rise all the way. back up." And the first times he. announced it, that led markets to. respond that way. But then people kept. eventually understood every time the. president speaks, it doesn't actually. mean anything. And so that meant markets. today respond less to what the president. said than they used to. Let me explain. why that's complicated. One of the. biggest checks on the president is. sometimes he does a dumb thing and the. markets tank effectively telling him. it's dumb. The problem is if the markets. now understand half the time when the. president speaks he doesn't mean.

anything. This is the point of honesty. being important then the market no. longer tanks. And so that means next. time he does a dumb thing the market's. not going to tank in which case he's. going to persist with the dumb thing. Um, and so look, I maybe I went deeper. into that than you really want to, but. let me just. >> brought us to where we are today because. you look at these strategic petroleum. reserves and people who are a lot. smarter than me in this area say, you. know, remember that the Leonard DiCaprio. movie, you know, the comments coming.

down, don't look up, don't look up, you. know, and people are saying this tank. bottom thing is a real issue and it's. problematic and we look at the straight. of Hormuz and it's closed and Trump is. saying it's open, but it's not open. We. look at the escalation taking place and. you go, "Wait a minute. This right now. seems to be that moment where we need to. deal with this. This is serious stuff.". And you know, >> even though Brent crude is going to be.

approaching $90 a barrel, which is very. high, it took a long time for it to get. there. And I've been sounding like a oil. geek talking about 321 crack spreads and. trying to explain, you know, the delta. between crude and refinery prices. But. th this is this is this is the this is. your world of charts where you see these. issues and I feel like a crazy person. sometimes and everybody it's there. The.

comments there, I'm telling you and. you'll be like, Ben, it's not as bad as. you think it is. But but what do you. make? Cuz this moment particularly. though feels like this is the bad. moment, but with all of those other. times he did the tacos and the this kind. this moment feels like well you know but. I know our audience feels you know the. seriousness of it. What do you make of. it before we go? >> Yeah, it's funny that you raised the. taco because we can stick with Mexican. food here. So the so-called taco trade. was Trump always chickens out and when.

we went from bombing Iran to a ceasefire. the taco trade looked really good. Now, I've subsequently heard that our Mexican. food menu has expanded. I don't know, Ben, have you heard of the nacho trade? Um, this is the view that I think you're. expressing. Nacho is not a chance Hummus. opens. Um, so, uh, the the concern here. is that the US doesn't have a pathway to. getting the straight consistently, persistently open,

and that has much longerterm. consequences. And so this is where what. I want to do is sort of just draw your. attention to different phases of the war. with Iran. In the first phase of the. war, markets responded very badly. And. again, I want to remind people I'm not. obsessed with markets. It's what they're. trying to tell us about the economy. When markets tank, that's because smart. people on Wall Street who bet millions. of dollars are betting that the future. profitability of American firms will be. lower. And so I'm not obsessed with Wall. Street. What I'm obsessed with is. understanding the future of the economy.

So when we first went to war in Iran, markets absolutely tanked. And what they. were doing was responding to concern. about the intensity of the war, which is. how much damage would the US do? How. much would we damage Iranian. infrastructure? How much damage would. there be through the rest of the region? Remember this was meant to be a 4 to 6. week war. Now we're now at 4 to 6. months. And now that we went through one. phase one of the Trump campaign was. bomb, boast.

um and blockade. Then we had the. ceasefire didn't work. So we went to the. ceasefire and now phase two is bomb. boast blockade. Nothing's changed. And. the fact that we seem to be out of ideas. and unable to get ourselves to. negotiating table in order to do more. than Trump claims he had an agreement he. didn't. he had an agreement to agree in. which they hadn't actually agreed on any. of the terms that the two sides disagree. on. Um mate, I can have an agreement to. agree with you, but doesn't get us.

anywhere. Um and so the the fear is at. this point we look like we don't have a. way out. And so now all the concern is. not about the intensity of the war, but. about the duration of the war. We know. it's not 4 to 6 weeks. We know it's. definitely at least 4 to 6 months. But. what's happening now is it's raising a. very real possibility of 4 to 6 years. That's not alarmist. That's actually. reality that that very much is in focus. right now. By the way, I did warn people. about this at the start of the war. And. so what that in turn means is you we can.

follow what's happening to the price of. what we call the spot price of oil, the. price of oil today. But people are also. betting on what oil prices will be in. the future. We call those futures. contracts. And what you see over this. current phase is those futures contracts. now are moving quite sharply. Again, that's just the market saying, "Hey, we're not really worried so much about. the intensity now. We're worried about. the duration, the possibility of uh, you. know, what folks call a forever war, but. something just drags out that the nacho, you know, never not a chance horses.

opens that things remain open, closed, open, closed, and the world oil markets. are going to continue to either be. deprived of a source of oil or continue. to be buffeted about for many years to. come now.". >> Yeah. And what worries me as a student. of history and psychology and pathology. and and seeing Trump's never had a way. out of any of this stuff. His his whole. life it's always been frameworks and. agree to agree later. He he's never.

actually done deals. If you read the art. of the deal, what he says is, I don't. actually view a deal as good faith. bargaining between parties where each. side gives. It's how you and I would. generally teach negotiation in a class. He said, "I view it as the starting. point to extract more and grind down the. other side." He's met a adversary in. Iran and people over there like foreign. minister Araji who have wrote books on. negotiations and they have a certain way. of thinking as well. That's not going to.

be like the way the Republican party was. to Trump or the way certain institutions. spent here in the United States because. they view it as Trump talks about it as. the very survival of the civilization. because Trump has described it in such. terms. And so the big fear to me when I. saw theou when I see his fake deals with. China when I see all these fake deals is. they're not real. They're not real. Just. like we didn't bring in $19 trillion.

And you can't really bluff it when you. see what's going on. You know, you can't. you can't keep it going for it. Let me. I'll give you the final word before we. go. >> Yeah. So, look, let me simplify it, which is when someone um thinks that the. start of a negotiation is to get you to. the table so then they can continually. take more and more and more from you, then you just don't want to go to the. table with them. If someone told you. that that was their approach to life on. a first date, you would just swipe. I. don't know which side do you swipe to. get rid of them, but you'd swipe to get.

rid of them. Um, >> very close to the same age. I never used. those app. >> We're both old men then, Ben. I'm not. much of a swiper either, but you know, you I think you swipe right to get rid. of them. Um, and in some sense, as it. works in love, so it works in war, which. is the Iranians are here to swipe right. Um, they don't need a relationship with. us. But there is an off-ramp that we saw. continuously through the trade war. The. trade war provides a really interesting. map for how Trump operates which is um.

he we actually did have deals. We had. very real trade agreements with Canada. for instance and the president came in. and just ripped it up as you said he. just comes to the table whenever he. wants and rips it up whenever he wants. And what he wanted was a belief that he. struck a deal. And so the cleverest. countries in the world, the Brits were. very, very good at this. The Japanese. did this as well, is they would. basically let the president walk out the. front, hold a press conference and say, "I extracted an incredible deal. I just. screwed this country absolutely from. here to kingdom come." And the prime.

minister of Britain, for instance, just. sat there and nodded. He understood that. there was no deal. He understood that. there's no follow through. This is not a. particularly competent administration. So he understood if he wanted to best. represent his country, he had to let the. president declare the win while quietly. actually doing nothing that the dealer. ever required because there was not in. fact a deal. That's the way out of this. The problem is that you know the prime. minister of England was able to do that.

and the the prime minister of Japan was. able to do that. But this seems like the. sort of thing that would be a lot more. difficult for a country like Iran to. stomach. >> And everybody make sure you subscribe to. Platypus Economics. That's uh Justin's. YouTube page and organization. We're. honored to have him as the chief. economist here at Midas Touch as well. We made the big announcement earlier. this week. So after this video ends, just search Platypus Economics and in. the comments tell Justin that Ben said. hello. Thanks everybody. Thanks Justin. Breaking news right now. My brothers and. I wrote a book. It's called WTF America.

And well, doesn't that just say it all? It comes out officially this October, but you can pre-order your copy today. Just scan the QR code or click the link. in the description below. [music].