In Greece and in the day, the job is not a failure.
Today, the job is not a failure.
The job is to make a huge mistake.
“In the morning, the goal is to get a goal.”
- I hope you're done! - And now the job is done! This is a job for Sponsor Jobs. With real profits, it won't happen. For the day, the job is to get a job. And to get a qualified talent with Sponsor Jobs.
But still, indeed, there's no point in understanding. 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 and 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 that the interest rates will go to."
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." You're a play this clip.
“- Well, interest rates, you should go down.”
I mean, every time I hear our country is doing well, I say, "It'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 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 good points. 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.
- This 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's 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 looks 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. - Well, we're also on the very beginning of a revolution and fictional and financial.
You take a look at some of the things that have been 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 Winkle Voss brothers who he refers to as my male models who happen to be geniuses behind him again. So utterly deranged to your play this clip. - Chins 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 anybody would you like to say something? Go ahead, Chris. - 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.
I think it is, but I mean, 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's 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 percent.
And yet, if we stop doing business, for instance, I have the absolute right to cut off all business with a country. Like Switzerland's all like that. So why are they prime if I can cut off the business and they are no longer functional?
Yet they're considered to be like an elite country.
And I don't want to single them up because there's 60 countries like that. They live off the United States. So why are we paying higher interest rates in 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 I have to say 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 they're 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 announce good numbers, the better they are, the worse it is for interest rates. So he then attacks Iran and he says, well, he says that a lot of pipelines are being built.
“And I think the whole mood straight is not going to be as important anymore.”
So you can hear this for yourself. Let's play it.
And other places in addition, a lot of pipelines, record numbers of pipelines are being built.
So I think the, our most straight is not going to be quite as important as it was in the past. Then he lies and claims the straight of hormones is open. And he says a lot of boats are coming through. No one's reporting and 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 pros and the crypto bros behind him. Let's play this clip. Well, we have things that we could sanction. We have very draconian sanctions and we'll 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. The naval blockade has been extremely effective.
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“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. He his sister, just mocked you, was just 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.
Okay, short 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 the 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. 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 harmo straight. And yet they get 60% of the royal from the harmo straight. 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 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...
More from Donald Trump here, he says there needs to be data centers and everybody's backyard. And if Donald Trump was a mayor, he would make sure that there were data centers in his town. Let's play this clip. Right with a 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 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. As you know, you've seen he didn't like Biden, he didn't like Obama, he didn't like anybody, but he likes me. And I like, you know, I just got along with him very good. We had great meetings, we speak.
And I think our nation and I think other nations, frankly, whether it's Japan or South Korea, or South Korea, they're a lot safer if I'm present than if somebody else is present. 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 rate 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, where you are artificially propping up short-term bonds in order to do artificially suppressed long-term bonds as part of a broader Ponzi scheme. I covered this with Justin Wolferser 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 with the hottest country in the world. We are by far, and I said it a hundred times, the king of Saudi Arabia, but 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 hormones 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-consensual participants and nobody wants to be associated with. In Trump's sick-o-deranged world here play this clip.
For other places, but we'll see, we're going to see what happens. It'll either be extremely good and oil prices are going to drop like a rock or will continue to do exactly what we're doing. You know, they were talking about $350 a barrel, and it's today 84 85. Donald Trump has asked if American should be concerned about the bond market
and he goes, no, because we're so rich. Everything's amazing.
True, here play this clip. Even despite the fact of what's happening with interest rates. 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 artificial. 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 continues to be asked.
Question of 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 one percent 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 tapes that discourages companies from building 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 has done? It's been amazing.
When you go this summer, a signed landmark legislation known as the Genius Act.
I named it after myself.
So I just called the Genius Act.
Paving them.
“Paving them. And then finally he's winds about the bond market and says it's all very, it's everything's unfair. It's all cheating. Everything's unfair against him.”
It's all conspiracy against Donald here. Play this clip. Now when we announce good number, the better they are, the worst 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."
“So at 4.1, 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 to look like earlier today. Play this clip.
So then when it's a great piece of sound, we have to scroll it up.
If you look at it, it's sort of amazing because you can barely see it.
But it's just a slight radio cut to perfect job and shame. 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 find our way back. To pre-order, scan the QR code or click the link in the description. Let's do this. (upbeat music)
