Trump Is Buying Diesel From Putin?! Plus $40 Trillion in Debt - St. Louis Podcast: Episode #167
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Trump Is Buying Diesel From Putin?! Plus $40 Trillion in Debt - St. Louis Podcast: Episode #167
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France is on fire. It started with teachers and students protesting packed classrooms, unfilled teaching jobs and crumbling schools, and it turned into more than 2,300 arrests and about a thousand police injured in a single day. Energy prices there are up 21% in a year. Sound familiar?
Here at home, the national debt just passed $40 trillion, and the dollar has lost 23% of its value since 2020. Trump struck a deal with Putin for Russian diesel, Ukraine reportedly ran out of Patriot interceptors, and Finland is buying a million landmines.
Then there's Wall Street. Hedge funds just made their biggest cut to tech in nearly a decade, OpenAI's revenue came in about $20 billion short of what was floating around, and the 10 biggest companies now make up about 43% of the S&P 500. At the peak of the dot-com bubble, that number was 26%.
Eric's back on the news and asking if anyone's paying attention.
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