The Economy Is About to IMPLODE — and Trump’s Team Knows It! (w/ Joe Weisenthal)

The markets may be hanging in there but they also held strong in early 2020—right up until Covid hit New York. Meanwhile, tariffs are driving consumer confidence down, firms are talking about cutting back on hiring and investments, and Goldman Sachs is predicting that the U.S. will have the highest inflation and lowest growth of any developed economy this year. Plus, Scott Bessent is not a calming influence, and Trump has a real 'War on Christmas' in the works. The Stalwart Joe Weisenthal joins Tim Miller. Show Notes Joe and Tracy Alloway's newsletter on how the markets can get things wrong (gift) https://www.bloomberg.com/news/newsletters/2025-04-28/the-eerie-calm-in-the-s-p-500?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0NTk0NTgyMiwiZXhwIjoxNzQ2NTUwNjIyLCJhcnRpY2xlSWQiOiJTVkZPM1FUMEFGQjQwMCIsImJjb25uZWN0SWQiOiIyN0UzOTI3Q0NFRDM0RUZBQjc3MDExMjAxRUQ1NEU1MiJ9.JIMpQvuIGgwwEnw59UY3-_0WTrr6YudXwuHyh6lczL0 Recent 'Odd Lots' pod on the coming empty shelves & the War on Christmas https://podcasts.apple.com/us/podcast/anna-wong-empty-shelves-are-coming-soon/id1056200096?i=1000704869736 Joe's Bluesky post on the War on Christmas https://bsky.app/profile/weisenthal.bsky.social/post/3lnnhpmltpk2t Become a Bulwark Youtube Plus Member here - https://www.youtube.com/channel/UCG4Hp1KbGw4e02N7FpPXDgQ/join 0:00 Intro 2:10 Big picture economic outlook 12:32 Scott Bessent highlight reel 20:29 War on Christmas 23:52 Naked Wines 26:37 Amazon 30:34 Shipbuilding and federal funding 37:25 Congress & Wall Street 43:47 The deficit & bonds 48:44 Doomsday scenario 51:30 Crypto