Funding the Future When will the Trump bubble burst?
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Oct 18, 2025 The discussion paints a vivid picture of the political bubble surrounding Trump, driven by hype and delusion. It delves into how his policies, especially tariffs, harm American consumers and farmers alike. The host critiques Trump's record on jobs and inequality, suggesting that global far-right movements are built on similar shaky foundations. As belief begins to falter, a potential collapse is predicted, paving the way for a new political landscape focused on truth and care.
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Political Bubbles Mirror Economic Ones
- Richard Murphy argues political bubbles mirror economic ones, built on hype and delusion rather than value.
- He warns Trump has replaced competence with cruelty and lies, so belief will collapse when reality returns.
Tariffs Are Hidden Taxes
- Murphy explains tariffs act as consumer taxes and disrupt supply chains, raising prices domestically.
- He highlights this harm falls hardest on Republican heartlands, risking loss of support for Trump.
Midwest Farmers' Lost Market
- Murphy cites Midwestern farmers losing the Chinese soya bean market as a concrete example of policy harm.
- He says expected soya exports to China in 2025 are precisely nothing, showing livelihoods already damaged.