IHIP News - Trump in Full Meltdown After Warnings of Worst Economic Crash in History

Episode Date: November 29, 2025

We are joined by Nathan Jun to discuss the incoming burst of Trump's feeble economy. Order our new book, join our Substack, shop our merch, and more by clicking here: https://linktr.ee/ivehad...itpodcast.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript
Discussion (0)
Starting point is 00:00:00 Something amazing is happening all over the internet as the left-wing media ecosystem is getting built. And somebody wandered into my algorithm and I was immediately obsessed. And this is Nathan June. And he is specializing in economics, public policy, and media literacy. And his messaging on Instagram and Twitter are something where it's just like, yes. Yes, his messaging has fangs, his messaging is direct. So welcome to IHIP News, Nathan June. How are you today?
Starting point is 00:00:37 I am doing great. First off, it's actually threads because I jumped the ship on X when the fascists took over. But I am beyond thrilled to be here right now. Okay. So you had a viral video where you explain the AI bubble burst. Can you please explain that to all? our listeners. So we have basically the economy for like seven companies. And then we have the economy for the rest of the United States of American. And just so happens the CEOs of these
Starting point is 00:01:12 seven companies are all Trump, sycophants, ass kissers, humiliate themselves in the Oval Office by doing these embarrassing trophy presentations. Tell us what is happening. Because we had a real estate burst with the mortgages. We had a dot com burst. And everybody thinks we're on the verge of another massive burst. Yeah. So what is basically happening right now is these companies are investing, you know, half a trillion dollars into AI. So, you know, they're putting all this money into it.
Starting point is 00:01:46 And it's not the AI that people are thinking. I think a lot of people when they hear AI, they think like generative AI or like, you know, Trump, you know, as Rambo, you know what I mean, like sitting on a horse. I don't know if you've seen this in the past 24 hours. He is going on an AI posting spree on Truth Social just in the past 24 hours. And he's posting screen grabs of ex post. I don't understand how this is the president of the United States. Every single day I tell myself, this is just the new normal.
Starting point is 00:02:18 But every day I'm just like, what in the actual fuck is happening? But like, you know, with AI, you have all these companies that are pouring money into it. Okay. Right now, the actual revenue. The avenue that they're generating is a fraction of what they are investing into it. And they're building these city-sized data centers. And they're building basically all of these systems to try and force people to adapt to AI because they believe, transparently speaking, they believe it's their best way to compete with China right now. And so what's happening and why a lot of not just like people like me, but you have investors.
Starting point is 00:02:58 You have analysts, you have economists who are basically saying, this needs to produce a lot of revenue very, very quickly. Otherwise, these companies are going to start pulling back their investment and they're going to start withdrawing their commitments. And when that happens, again, the stock market, the S&P, is basically kept afloat by the Magnificent Seven. And so people are basically fearing a crash because you see MAGA morons and you see Trump every day celebrating how strong our economy is. And they always point back to the stock market. And mind you, 90% of the stock market is owned by the top 10% of Americans or just investors in general. So you're talking about the stock market being strong, rich people getting richer. And it's basically supported by these seven companies who are investing,
Starting point is 00:03:55 half a trillion dollars into AI. So if this bursts, it's going to basically be somebody out of these seven are going to withdraw their commitment to AI or they're going to stop investing in it. And it's going to create a domino effect. And we're going to potentially see a giant crash, which ultimately impacts people's retirement. It impacts like our tax dollars being able to go towards federal funding just because when this happens, there's going to be layoffs. When people get laid off, like they.
Starting point is 00:04:25 stop paying federal taxes. So that's kind of a lot of what I'm trying to explain in very simple terms is like it's not definitely going to happen. It just might happen. But then you also have things like, you know, Amazon is committing $50 billion. They're giving $50 billion in AI systems to the U.S. government. Why are they just giving them $50 billion in, you know, commitments and just gifting them this? It's because they're they need somebody to use this right now. And so the government is going to basically just force their own employees to adapt to AI. And isn't the military going to start using GROC?
Starting point is 00:05:07 I got, I can't get it. It's like. Because I mean, yeah, it's really, like GROC keeps getting these lobotomies. And it was the other day saying that it would be the number one, the Elon Musk would be the number one draft choice in the NBA and the Elon Musk. all this crazy shit. I mean, Elon Musk is clearly chubby is all get out, which no disrespect to chubby people, but they're basically saying he has this physical specimen. And I just can't imagine just that the United States government, the military is going to buy and use grok as their
Starting point is 00:05:44 AI system when it's run by this untreated drug addict that gives a lobotomy all the time to change facts. The thing that people need to understand about GROC specifically is that, and, you know, if you look at chat or if you look at Claude or all of these kind of, you know, LLMs, is that they take in information, meaning like they take in the most consistent, you know, reference for this. So if you ask GROC, like, do you think Elon Musk is a great man? Of course it's going to tell you because X is just infiltrated with people who want to blow him every single day. It's like... From Nigeria, it's turned out.
Starting point is 00:06:27 Oh, I can't even get into that. Like, like, the fact that, like, a majority of the largest MAGA accounts we have now discovered are from Nigeria, Ethiopia, the Middle East, Israel. American first, baby. It was felt so vindicated. But then you look at the fact that that's the root of where MAGA gets all their talking points is these accounts that are from Russia, Nigeria, Ethiopia, and then the president shares them.
Starting point is 00:06:57 Like, I know I said this before, but like, how is this our reality? And so you have this, you have GROC, which, you know, GROC can actually fact check. You know, I've like asked GROC before, like, fact check this idiot who posted this. And it will say, no, this person is actually not accurate. So, like, it's not, like, completely insane, but it's being fed propaganda to basically, you know, manipulate people into believing their own confirmation bias. And the idea that our military is going to start using it, like, to basically even make, like, national defense decisions, like, asking a robot that is created by Elon Musk to use it as decision making, it should scare. everybody. Well, and when you think about how the tech giants kind of went from San Francisco,
Starting point is 00:07:57 Silicon Valley liberals to then turning into billionaires, to then being one of the big industries on the globe. And then when they all started secretly funding Trump's re-election campaign, and you have just Jeff Bezos that spiked the endorsement of Kamala. And then they all trotted out to the inauguration. And then you see in the most recent clean CR where the Democrats capitulated that and in the big bullshit bill that they want no regulation on AI. They want no regulations. Time Magazine just came out with an article about all of the sexual predation on
Starting point is 00:08:40 meta sites of Instagram and Facebook and how unsafe these spaces and these chatbots are for people. The reason they sucked up to Trump is because Trump has no principle. If you pay him and you give him money, he doesn't give a fuck, he'll deregulate anything you want. He does not care about public safety. And so it's amazing to me that we have again, really, really in black and white visuals, how the Republican Party has been lying to their base since Ronald Reagan, that wealth will trickle down and regulations prevent business. And so there's a vacuum here where Democrats can come in and say, let's talk about these deregulations. Do you want a bunch of perves hitting
Starting point is 00:09:25 on your daughter on Instagram or on Facebook? Because that's what Trump, who also was covering up the Epstein Files, is doing. And so taking all of that into account, I think you're a very good online Democratic messenger. And that's why I wanted to have you on here. Because as we build this new ecosystem, pro-democracy ecosystem. We have to be clear-eyed about criticizing our own party and our own party's messaging and also pointing out what just breathtaking dipshits Republicans are and have been long before Trump. This isn't new. They're just less polite about it. So what are your takeaways from where the Democrats need to be messaging right now on the foothills of all of these victories that we just had? It has to come down.
Starting point is 00:10:13 to affordability we have you know fucked ourselves into this corner over the course of the past really the course of the past you know 12-16 years you know Sarah Palin was the birthplace of MAGA you have this complete moron who looks at or you know who says her foreign policy with Russia is that she can see parts of it from her state right you know and you know logically in the mind of 78 million voting Americans who voted for Donald Trump, you're like, that makes sense because it's adjacency. What I see basically from Democratic leadership is I want to like punch myself in the face and
Starting point is 00:10:56 then fall asleep because their inability to just focus on what Americans actually care about and need right now is so convoluted in all of these things where they're trying to just like scream, you know, Donald Trump is this. Donald Trump is that. Donald Trump is destroying this. Donald Trump is destroying that. There has to be this shift where you actually have to look at the way that Donald Trump was able to penetrate 78 million voting Americans in the most recent election and basically say, you know what? Maybe standing in front of a box of fucking Cheerios and saying, I'm going to make this more affordable on day one is actually a very believable, like, argument to make. And so you see Zoran Mamdani and, you know, are, you know, my city and, you know,
Starting point is 00:11:48 you're new a city as well, Jennifer. Like, he ran. I've said this all the time the past few days, because there's a lot of people who say, like, you see, like, democratic socialism and socialism principles can work. And I always say, Zorn Maldani won because he focused on easy to understand issues in New York City, which is the rent is too high. You have childcare affordability. You have accessibility to food. And then you just have overall, like, wealth inequality. Those were easy to understand things. It's like, so what we need to do is rather than having our leadership shun him for being able to just win an election, like we focus so much on, you know, this weird aspect of purity politics and we focus so much on just trying to maintain power or trying to have
Starting point is 00:12:38 this even like keeled sense and we're sitting there and we're like the president of the united states is currently calling for senator mark kelly and senator elicit slotkin to be like hung you know what i mean like yeah and we're sitting there and we're trying to say you know you have you know chuck schumer going on there and just like doing what can only be like you know it's like i i liken it to somebody who hates their job at the airport giving announcements. Like every time I see him do an interview, it's like, you know, please note your zone number and please, you know, we are running out of overheads.
Starting point is 00:13:19 And you're just like, like, please just like end this, like end the cruelty of having to endure this right now. Well, and the reason that Zoron was able to make such a clear-eyed message of affordability is he doesn't take money from corporations. Yeah. He doesn't take A PAC money. And I think that the Democratic establishment is starting to realize that the base has moved and that we see Democrat establishment candidates like Chuck Schumer, Cory Booker, Jilla Brand and others that take a lot of PAC money, whether it be from A PAC or from corporations, you get them on a podcast and they can't hold up because they start word salad platitudes. And that is so the politics of 15 years ago.
Starting point is 00:14:07 And when I have on like Rokana, for example, there's no pre meeting about the podcast or what we're going to talk about. He's like, ask me anything. I don't care. Same with Bernie Sanders. Same with AOC. And when you can clearly answer every question and your sole purpose is to serve your constituents and the American public over corporations, you have great fucking candidates. And so I'm just hopeful that we as messengers, you, me and other people that are building this pro-democracy ecosystem that we're 10 years behind in building, that we keep applying the pressure to these corporate Dems because they are really handicapping us from progressing forward. And they feel like conservatives to me.
Starting point is 00:14:57 You know, it's really funny because two years ago, I would have probably been more on the pragmatism side of PAC donations and corporate involvement. And that's only because if you look at the 2024 election, like the amount of corporate and super PAC funding that Republican candidates got versus Democratic candidates, it was like something like 80 to 20 margin. But I think you can see now how much desire there is. And we've now proven with the wins, you know, with some of the wins that we had, you know, a couple weeks ago. Or like in the Tuesday elections, like you don't need to take these massive corporate donations in order to win elections. You can run a grassroots campaign. And what's interesting is that you actually can win over moderates at a higher. ratio if you can actually prove that you are not bought and paid for that's right and it's this
Starting point is 00:15:59 thing where it's like you know we just have to find out how to have this balance you know i mean where not only can you go into an election if you are a candidate running as a democratic candidate like with a clear conscience of i am here for the people if you say i am here for the people in the affordability crisis the last thing that you can do is accept five hundred thousand dollars from the CEO of Home Depot. And I think this is a way that Democrats right now, a year ahead of the midterms, can start saying this is our solution to Citizens United. And it is as follows. We're going to do earned media. And we are going to brand our opponents, whether they be primary opponents, fellow Democrats, or Republican opponents in the general election, the more
Starting point is 00:16:48 corporate money they take, the more we are going to fuck them over on earned media. media and we're going to do podcasts and we're going to do TikToks and we're going to flood the zone and we're going to make it so toxic that you take this money that it will make up for our not taking it. And this is the way that people can respond to a corrupt John Roberts Supreme Court by making the decision that they ruled that has left the soil so prime for this dipshit fascist and all of his moronic friends to take over this country. This is a way that we can fight back. Zoran showed us how and you see even moderate centrist strategists like James Carvel owning it and saying,
Starting point is 00:17:33 yeah, we're going to have to do that. And so I think that's why I wanted to have you on, Nathan, because I don't want to just platform the largest voices. I want to platform people who are growing in their communities because everybody gets their news from people they trust now. And you've built an amazing following and I want to help you grow it. I don't want to help message to the LGBTQ plus community that this economic message and how we combine trans rights and immigrant rights and gay rights and black and brown rights is that the economic message is for everybody. We don't leave anybody behind in that. And that's how you combine human rights with economic rights. And so I want to thank you for coming on.
Starting point is 00:18:15 Tell my listeners how they can find you, how they can follow you. and I just want to congratulate you so much on your success online because I think this is the new media and this is the way. Yeah. I, again, I was saying in the pre-interview, I'm having a gay panic moment throughout this. I sat front row at Jennifer and Andrews, like I've had it podcast taping or show last year. You can find me across platforms, Nathan Siegyn. And then I have a podcast as well that is bad, but I'm working on it. You know what? When we first started, our podcast was terrible.
Starting point is 00:18:56 We had no idea what we were doing. Keep going at it. Keep building. You've built an amazing following. I think you're an excellent messenger. And thank you so much for coming on and we'll collaborate again soon. No, I appreciate it. Thank you so much for having me.
Starting point is 00:19:10 Bye. Bye. Thank you.

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