

5/5/25: Trump Says Recession OK, Buffett's Warning, Houthis Strike Israeli Airport & MORE!
47 snips May 5, 2025
Glenn Greenwald, a Pulitzer Prize-winning journalist, and Anthony Klan, an independent journalist focusing on Australian politics, dive into pressing global issues. They discuss Trump's controversial take on recession, Warren Buffett's stark economic warnings, and the Houthis' strike on an Israeli airport. Greenwald critiques the erosion of constitutional norms under Trump, while Klan links these dynamics to Australia's political climate. The conversation also touches on the evolving views of younger Republicans on Israel and the implications for U.S.-Australia relations.
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Saagar's Baby Supply Struggle
- Saagar Enjeti shares the personal challenge of researching diaper supply chains amid tariff impacts.
- He highlights the practical strain tariffs impose on new parents needing essential baby goods.
Tariffs Favor the Wealthy
- Trump downplays recession concerns, seeing tariffs as a means to wealth despite short-term pain.
- Economic turbulence from tariffs hits consumer goods and small businesses hardest, benefiting large corporations.
Tariff Disruptions Ripple Widely
- The reversal of the de minimis exemption devastates import-dependent companies like Timu and Shein.
- Tariff policy disruption causes economic ripple effects including major ad revenue losses and investment freezes.