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The Ben Shapiro Show

Ep. 963 - The Black Swan

The Ben Shapiro Show

The Daily Wire

News, News Commentary

4.4152.4K Ratings

🗓️ 28 February 2020

⏱️ 68 minutes

🧾️ Download transcript

Summary

Coronavirus tanks the stock market, Joe Biden seeks a big comeback victory, and we check the mailbag! Check out The Cold War: What We Saw, a new podcast written and presented by Bill Whittle at https://www.dailywire.com/coldwar. In Part 1 we peel back the layers of mystery cloaking the Terror state run by the Kremlin, and watch as America takes its first small steps onto the stage of world leadership. If you like The Ben Shapiro Show, become a member TODAY with promo code: SHAPIRO and enjoy the exclusive benefits for 10% off at https://www.dailywire.com/Shapiro Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Coronavirus tanks the stock market Joe Biden seeks a big comeback victory and perhaps we check the mailbag.

0:05.6

I'm Ben Shapiro. This is the Ben Shapiro show.

0:13.4

Today's show is sponsored by ExpressVPN. Protect your data from prying eyes at ExpressVPN.com

0:18.9

slash Ben. All righty. So the market is tanking again today.

0:23.2

As of this morning, it was dropping almost 1,000 points again below 25,000, which means that

0:28.2

we've seen a significant market sell off over the course of the last five days all the way down

0:32.9

from about 29,000, all the way down to below 25,000.

0:36.7

That is a market correction. Anything below 10% down

0:39.8

is a market correction we have seen well below 10% down. And this is leading to questions about

0:44.7

how real this drop is. Is this going to last? Are we going to see a gradual rise again as the

0:50.1

market improves based on the market pricing in all of the global supply chain disruptions.

0:55.5

What you are seeing in the news today is people trying to make political, hey, out of this

0:59.2

thing. There's just no question this is happening. And it's really a point of irritation to watch

1:02.3

the media who are definitely spinning people into a panic over this thing. Try to pretend that they are

1:06.6

not involved in spinning people into a panic over this thing. Or Democrats who continue to

1:10.6

claim that the government response is completely lackluster, then claim how dare President Trump responds

1:15.2

to our claims that he is botching a pandemic response. I mean, the fact is that there are people

1:19.9

out there who without evidence are suggesting that a pandemic is directly on the horizon,

1:24.2

that the United States is going to be hit with a wave that it is unprepared for, and not only that, but that President Trump is solely responsible for this.

1:31.6

You've seen Democrats out there claiming that the stock market drop is somehow reflective

1:34.9

of President Trump's inability to quell fears about the stock market.

1:39.5

Nancy Pelosi, for example, said just this yesterday.

...

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