The MeidasTouch Podcast
The MeidasTouch Podcast

Trump's War Strategy Backfires as Markets Tumble

2h ago16:481,870 words
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MeidasTouch host Ben Meiselas reports on Donald Trump losing control over his market manipulation scheme in the war and crashing the global economy and causing irreparable harm to the United States....

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Diese Woche, der große Bauer Frucht Jogot, 250 Gramm,

für nur 39 Cent, oder geroll Steiner Mineralwasser.

1,5 Liter, für nur 79 Cent, zuzüglich Pfand. Entdecke weitere Angebote in deinem Aldi Nord. Aldi, gutes für alle. "Let me not mince words. Donald Trump has lost all control. He has crashed the United States economy.

His market manipulation and escalation of the war has reached a point where there is no turning back. This is precisely what I've been warning about. Those invested in the market manipulation have been working very, very hard to try to cover up what's been taking place,

beneath the surface of their market manipulation. I've been warning you about this. The strategic petroleum reserves are at tank bottom. Donald Trump continuing to do this escalation with the fake deals

that he keeps on claiming would finally reach a breaking point

and the global economy would crash. I sadly believe that we've hit this point. We know we hit this point before for most Americans. Now the global economy, as we approach August, is collapsing before our eyes.

I'll remind you which has happened over the past 12 hours. You had the royal Saudi Air Force and US sent come joining together to attack certain positions of the popular mobilization forces. The PMF in Iraq, these are malicious that are technically within the Iraqi army that are loyal to Iran.

Saudi Arabia claims that the PMF was attacking Saudi Arabia in interest PMF denied it, the Houthis actually claimed that they were the ones who had been striking the different refineries in Saudi Arabia, yet Saudi Arabia did not attack the Houthis. But with the United States, attack the PMF in Iraq.

And if you want to see what's going on here behind the scenes,

Donald Trump has been working with the Iraqi Prime Minister Al Zaiidi to try to get rid of the PMF in Iraq as part of a global regional war strategy. Saudi Arabia wants to avoid for now a larger altercation with the Houthis who have been striking the refineries

in Saudi Arabia to go after the Iraqi militias as part of a plan to try to check Iran's saw what was happening before it was going down. Iran also was aware that Netanyahu was meeting with Donald Trump using Lindsey Graham's funeral as a pretext

for this meeting between Netanyahu and Trump in order to plot further escalation of the catastrophic war in the region. So Iran took the initiative and struck the U.S. air base in Jordan where there were three soldiers that were killed a week ago.

Or so that was the air base in Jordan.

The Muafik air base, the U.S. and Jordan claimed

that there was no direct hits by the Iranian ballistic missiles but we see that there were direct hits by the Iranian ballistic missiles and said come lies about everything. The IRGC Navy says that it struck and stopped three tankers earlier after they allegedly ignored repeated warnings

and continued transits and transiting. And what it called the unsafe and unauthorized route the route by Oman referring to the U.S. designated southern shipping lane off the coast of Oman. So Iran stopped three ships earlier today.

And you have a statement coming out from Iran's parliament leader M.B. Gallabov's kind of unofficial spokesperson saying the following, the latest data indicates that Trump has tasks said come with preparing for a two-week war against Iran.

You know, in this kind of constant escalation by Trump, the pulling out of the memorandum of understanding has finally caused the global economy to reach a point of no return. We're seeing the early signs of this in the crash of the South Korean market, which I want people to pay attention

to.

I always want to give you the indicators of where these things

are coming from. Like I've been talking about these strategic reserves for a very long time. I've been talking about the Treasury yields, the 10, the 20, the 30 year Treasury Note yields.

That are at record highs. I want to point out the South Korean market

Because this is a contagion that is spreading

and will spread into the semi-conductor.

And we already see it into the semi-conductor industry

here in the United States and across the world. And this AI bubble that people have been warning about. The semi-conductor bubble that people have been warning about. But other people were saying, look under the policies and buy it and others.

It could grow and grow and grow and grow. Well Donald Trump just put a massive, massive nuclear bomb, if you will, at economic one, within the kind of growth in these sectors with the constant market manipulation. And we are seeing right now throughout the morning.

At some point, a 10% drop in the South Korean market. It is a faster crash than what took place

during the 2008 financial crisis, which was also an indicator

of what was to come here in the United States. And so what I'm seeing right now is that with oil prices surging based on the Saudi Arabia, US attack

of the Iraqi bases with the Iranian attacks in Jordan,

with this escalation taking place with the strategic reserves where they are. This is going to be a very, very, very, very difficult, exactly what we've been warning about now for a very long time. Also, a broader regional war is being understood

by Iran, Iran working very closely with China right now. Reuters confirming mightest touch reporting from earlier in the week. This was the exclusive from Reuters this morning. Exclusive, Iran to get Chinese shoulder launch missile

system in weak sources, say Iran has expected to receive within weeks, a first shipment out of up to 400 Chinese made shoulder fired air defense missile launchers. Three sources familiar with the deal told Reuters as it rebuilds its defenses.

I'm in the war in the United States, the purchase

valued at $60 to $70 million is one of Tehran's

largest known efforts to strengthen its strong. It's short-range air defense since the outbreak of the war. The contract covers the purchase of between 300 and 400 man portable air defense systems, man pads, including the Chinese made QW12 and the FN16 missiles as well.

Now, we know that yesterday Donald Trump met with Netanyahu. Iran saw that as part of the broader plan of the destruction of Iranian bridges, power plans, and that would be taking place soon.

I think Trump sees the writing on the wall in terms of the --

I mean, he should. He's delusional. Besan sees it but is lying about a litnic season lying about it. The economic catastrophe, global economic catastrophe that's unfolding. So, I think Trump will just move further and further

into all out war right now. You're Netanyahu talk about his meeting with Trump saying I talked about the nukes and that we have to stop the nukes and that they're building up new nukes. And there was a great meeting with Donald Trump.

You're playing this clip. You met with the president today. How did that meeting go? It was great. It was what -- one of the best meetings that we've had.

And I was -- you know, I was hate to just support our would-be critics who were trying to find, you know, cracks in our lines. And what they find like today is a wall of granite. You know, because the president is so clear. I mean, he's so -- we have a common commitment.

We don't want to see this fanatic regime in Tehran and I have nuclear weapons to threaten every American and to threaten the peace of the world and to threaten the existence of Israel. So, we have a common -- Because right after Netanyahu said that,

Donald Trump released this video, "Finish the fight." So, he does the meeting with Netanyahu. Then Trump releases this video, "Finish the fight." Is what he calls it. Let's show you this.

Let's play it. And then, just to remind you what was taking place at the funeral of Lindsey Graham, you had Netanyahu appearing like he was giving -- almost like he was giving orders to Marco Rubio and Heggsett.

It was very weird to see the United States Secretary of State and Defense Secretary as load some as Rubio and Heggsett are like taking orders like before our eyes.

You had Rubio like look around to see if anybody was watching it

and everybody was watching Rubio.

Everybody is watching here. Let's play this clip.

Yeah, and then throughout the day yesterday,

you had Donald Trump going on state regime media, which calls it self-fox, boasting and bragging about -- state regime media, and it calls it self-fox, boasting and bragging about state regime media.

So, you had Donald Trump going on state regime media,

which calls it self-fox, boasting and bragging about state regime media, which calls it self-fox, boasting and bragging about state regime media. But stopping eight wars and making up that he stopped eight wars and that the tariff stopped the wars.

Here, our mind already said, let's play this clip.

The tariff that made this country a fortune, it made the country rich. And I stopped eight wars. I would say five of them because of tariff. The threat of tariff stopped India and Pakistan from going into a nuclear war. The threat of tariff stopped numerous other countries from going to --

these tariffs, it's the greatest thing. And only the really smart people or the people that are non-political in that get it, talk about the Democrats know how good it's been. Ice.

And finally, while the American people are suffering while Trump has called,

cause global economic catastrophe. Donald Trump is now working with Gianni and Fontino of FIFA in order to sell off the World Cup to private equity, working with the Kushners. So a Kushner-owned company working with Gianni and Fontino to create a hold-co, a hold company for FIFA, that they then want to sell stakes in the World Cup

to private equity companies and destroy the FIFA experience for everybody. The same way, by the way, these right-wing all the garks are buying up kids sports, children sports, and making it difficult to play sports to afford sport, making it possible. And this is this Trump regime Epstein class man. They ruin everything.

They ruin the economy. They destroy everything. I don't care what political party you're from. These are absolutely -- these are demons. These are destroyers who are screwing up everything for everybody.

It should be obvious. Thanks for watching. Hit subscribe.

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Appreciate you watching. Thanks for watching. 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.

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