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Krystal, Ryan and Emily discuss China calling Trump's bluff on tariffs, stock market reacts, and a lawyer for a wrongly deported man responds to JD Vance.
YouTube: https://youtu.be/5aaiNVuR134
Spotify Link: https://open.spotify.com/show/2togMvVQ0F4mXQmbwuFs4K?si=wEARUQEoSR2o4KFxn-wR4w
Timestamps:
(00:00)Introduction and Overview of Liberation Day
(2:25)Jobs Report Analysis and Economic Implications
(14:58)The Impact of Tariffs on Domestic Economy
(26:15)Trump's Economic Strategy and Its Consequences
(40:55)The Autocratic Leadership Style of Trump
(42:19)The Case of Kilmar Abrego Garcia
(1:12:02)The Shift in Democratic Leadership Dynamics
(1:17:53)Upcoming Nationwide Protests Against Trump
(1:33:45)End Of Show
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Strip all 8 senators of their committee assignments. This was strategic and there are other senators who silently agree with what they did. They aren’t up for election. So the only value and cherished thing they have is their precious committee assignments. Demand their removal now. This will be a warning to those that these games are not allowed anymore.
While the economy is dogshit, it’s important to note that today’s “high unemployment rate” for 20 to 24 year olds is still 50% lower than in 2009 during then recession
2025=9.2
2009=14.7 with a HIGH of 17.2 in April 2010
Now, if you argue that we are in the period BEFORE the recession, 2008 was STILL HIGHER THAN TODAY:
2025 = 9.2
2008 = 11 (09/2008)
This isn’t to “counter” Breaking Points, but merely to show that while sentiment is WAY worse today, the actuality is still technically better (but not by very much).
This is really just indicative that we are in the same economic peril, but at least we see it coming. Do what you can and must to prepare.
The next (AI) crash will be worse, as more of the economy is wrapped up in this single industry, which will hurt every industry much worse when it collapses.
As an aside, as a cloud / AI engineer, I am more certain of the doomerism on AI than ever after crashouts by AI leaders like Altman and Karp. Their sensitivity and fear comes ...
