Trump in Full Meltdown After Warnings of Worst Economic Crash in History

0:04Something 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, his messaging has fangs, his messaging is direct. So welcome to IHIP News, Nathan June. How are you today? 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.

0:51Okay. So you had a viral video where you explain the AI bubble burst. Can you please explain that to 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 America. And it just so happens the CEOs of these 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.

1:33Yeah. 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 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. Um, he, 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. It's, and there he's posting screen grabs of X posts. It's, I don't understand how this is the president of the United States.

2:15Every single day, I tell myself, this is just the new normal, 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 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, you know, you have analysts, you have economists who are basically saying, this needs to produce a lot of revenue very, very quickly.

3:09Otherwise, 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 half a trillion dollars into AI.

3:57So 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 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, they stop paying federal taxes. So that's a lot of what I'm trying to explain in very simple terms is it's not definitely going to happen. It just might happen.

4:36But then you also have things like, you know, Amazon is committing$50 billion. They're giving$50 billion in AI systems to the US government. Why are they just giving them$50 billion in, you know, commitments and just gifting them this? It's because 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 Grok? I, God, I can't get, it's like. Because I can't with this whole thing, like Grok 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.

5:26I mean, Elon Musk is clearly chubby as 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 AI system when it's run by this untreated drug addict that gives it a lobotomy all the time to change facts. The thing that people need to understand about Grok specifically is that, and you know if you look at chat or if you look at clod or all of these kind of um 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 rock like do you think elon musk is a great man of course it's gonna 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.

6:27Oh, I can't even get into that. Like, 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, 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. I know I said this before, but how is this our reality? And so you have Grok, which Grok can actually fact check. I've asked Grok before, fact check this idiot who posted this. And it will say, no, this person is actually not accurate.

7:18So 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, 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 reelection campaign, and you have just Jeff Bezos that spiked the endorsement of Kamala, and then they all trotted out to the inauguration.

8:19And 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 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.

9:18And 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 pervs hitting 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.

9:58This 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 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 her you know who says her foreign policy with russia is that she can see parts of it from her state right you know and 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 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.

11:18There 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 argument to make. And so you see Zoran Mamdani in my city and you're new at a city as well, Jennifer, like he ran i 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 mamdani won because he focused on easy to understand issues in new york city which is the rent is too high you have child care 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.

12:34And we focus so much on just trying to maintain power or trying to have 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 Alyssa Slotkin to be like hung. You know what I mean? Like, and we're sitting there and we're trying to say, you know, you, you have, you know, Chuck Schumer going on there and just like doing what can only be like, you know, it's like, I liken it to somebody who hates their job at the airport giving announcements. Like, 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.

13:19And you're just like, like, please just like in this, like in the cruelty of having to endure this right now. Well, and the reason that Zoran was able to make such a clear eyed message of affordability is he doesn't take money from corporations. Yeah, he doesn't take APAC 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 or Cory Booker, Gillibrand and others that take a lot of PAC money, whether it be from APAC or from corporations. You get them on a podcast and they can't hold up because they start word salad platitudes.

14:04And that is so the politics of 15 years ago. And when I have on like Ro Khanna, 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.

14:55And they feel like conservatives to me. 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 some of the wins that we had a couple weeks ago or in the Tuesday elections, you don't need to take these massive corporate donations in order to win elections.

15:44You 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 thing where it's like, you know, we just have to find out how to have this balance. You know what 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$500 ,000 from the CEO of Home Depot.

16:26And 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 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 tick tocks 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.

17:05And 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 Carville owning it and saying, 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.

17:49And you've built an amazing following and I want to help you grow it. And I 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. 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.

18:27Yeah, I again, I was saying in the pre interview, I am 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 C. Jun. And then I have a podcast as well. That is bad, but I'm working on it. Hey, you know what? When we first started, our podcast was terrible. We had no idea what we were doing. Keep going at it. Keep building. You've built an amazing following. I think you are an excellent messenger. And thank you so much for coming on and we'll collaborate again soon. No, I appreciate it.

19:09Thank you so much for having me. Bye-bye. Thank you.