The MeidasTouch Podcast - Trump's War Strategy Backfires as Markets Tumble

Episode Date: July 29, 2026

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. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Your sales order says one thing. Your inventory says another. Your spreadsheet says, good luck. O-Doo brings your business together on a single platform. From sales and accounting to inventory and marketing, visit O-D-com to book a demo. It's O-D-O-O-O-O-com. 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.

These 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 call. 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 what just happened over the past 12 hours. You had the Royal Saudi Air Force and US Sentcom joining together to attack certain positions of the popular mobilization forces. The PMF in Iraq, these are militias that are technically within the Iraqi army that are loyal to Iran. Saudi Arabia claims that the PMF was attacking Saudi Arabian interests. PMF denied it. The Houthis actually

claim that they were the ones who have 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-Zaidi 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. Iran 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 catathing. 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, well, 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 Sencom lies about everything. The IRGC Navy says that it struck and stopped three tankers earlier after they allegedly ignored repeated warnings and continued 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. Galabov's kind of unofficial spokesperson saying the following. The latest data indicates that Trump has tasked Sencom 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 crashing of the South Korea 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 the 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 semiconductor, and we already see it into the semiconductor industry here in the United States and across the world. And this, you know, AI bubble that people have been warning about, this semiconductor bubble that people have been warning about.

But other people were saying, look, under the policies, abide in others. It could grow and grow and grow and grow. Well, Donald Trump just put a massive, massive nuclear bomb, if you will, an economic one within the kind of growth in these sectors, with the constant market manipulation. And we are seeing right now, you know, throughout the morning, like 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, you know, what I'm seeing right now is that with oil prices surging based on the Saudi Arabia, U.S. attack of the Iraqi bases, with the Iranian attacks in Jordan, with this escalation taking place, with this 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, you know, understood by Iran. Iran working very closely with China right now. Reuters confirming Midas touch reporting from earlier in the week.

This was the exclusive from Reuters. this morning. Exclusive. Iran to get Chinese shoulder-launched missile systems in weak sources say. Iran is 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 amid the war in the United States. The purchase valued at $60 to $70 million as one of Tehran's largest known efforts to strengthen its strong, its short-range air defenses 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 QW-12 and the FN-16 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 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. Besson sees it, but is lying about it. A Lutnik sees it and lying about it.

The economic catastrophe, global economic catastrophe that's unfolding. So I think Trump will just move further and further into all the – out war right now. You had 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 it was a great meeting with Donald Trump. Here, play this clip. You met with the president today. Yeah. How'd that meeting go? It was great. One of the best meetings that we've had. I always hate to disappoint our would-be critics who are trying to find, you know, cracks in our alliance. 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 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 Lindsay Graham, you had Netanyahu appearing like he was giving, almost like he was giving orders to Marco Rubio and Hegzith.

It was very weird to see the United States Secretary of State and Defense Secretary, as lonesome as Rubio and Hegsith are, like taking orders, like before our eyes. And you had Rubio like look around to see if anybody was watching it. 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 itself Fox boasting and bragging about stopping eight wars and

making up that he stopped eight wars and that the tariffs stopped the wars. Here, our mind you what he said. Let's play this clip. The tariffs have made this country a fortune. It made the country rich. And I stopped eight wars. I would say five of them because of tariffs. The threat of tariffs stopped India and Pakistan from going into a nuclear war. The threat of tariffs, stopped numerous other countries from going to work. These tariffs, it's the greatest thing, and only the really smart people or the people that are non-political and that get it, talk about the Democrats know how good it's been. And finally, while the American people are suffering while Trump has caused global economic catastrophe, Donald Trump is now working with

Gianni Infantino 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 oligarchs are buying up kids' sports, children's sports, and making it difficult, to play sports, to afford sport, making it impossible. 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. Let's get to 7 million subscribers. Appreciate you watching.

Thanks for watching. Breaking news right now. My brothers and I wrote a book. 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.