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Krystal Kyle & Friends

Episode 210: Ben Norton

Krystal Kyle & Friends

Krystal

News, Politics

4.61.4K Ratings

🗓️ 1 February 2025

⏱️ 78 minutes

🧾️ Download transcript

Summary

Ben Norton walks us through the impending economic crash.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Crystal Kyle and friends everybody. Today it's just Kyle and friend. And we're going to have a very interesting conversation here. So of course, I'm talking to Ben Norton from Geopolitical Economy Report. Thank you very much for joining me, Ben.

0:20.2

Thanks for having me, Kyle.

0:21.3

It's a pleasure being here. Okay, so I'll just cut right to it. I saw you released a video the other day.

0:29.0

It was, I forget the exact title, but it was something to the effect of the United States is in the biggest bubble in history, biggest economic bubble in history.

0:39.5

And, you know, I'm fairly knowledgeable about the economy and politics and things of that nature. But when I watched that

0:42.7

video, there were like five or six different data points that I was completely unfamiliar with.

0:47.1

That just absolutely blew my mind about how it's true. We may even be in a worse bubble than

0:53.5

1929 when we had the stock market crash and the

0:56.7

Great Depression. So this is a very timely conversation that we're having. We just discussed this off

1:01.0

air, but this is early in the week, guys, as we're recording this, but what just happened today

1:05.7

is that Navidia stock tumbled colossally. Other tech stocks tumbled colossally. And the reason for that has to do

1:14.1

with China and Deep Seek and the fact that they were basically able to make better AI for way,

1:19.6

way, way cheaper. And so the hype bubble in the tech sector in the U.S., the air is now coming out of

1:24.9

it. And so I guess let's just start there. Let's start with, did you foresee this coming?

1:30.2

Because I had no idea.

1:32.6

Like I never know what's going to be the genesis of a crash.

1:35.1

Sometimes I feel, yeah, crash is probably coming.

1:37.1

I never know what's going to be the thing that pops the bubble.

1:39.9

Did you see this coming?

1:41.1

And is this the thing that leads to the big crash?

1:45.4

It could be. I mean, this is the question everyone's asking. This is the multi-trillion dollar question, right?

1:51.2

Now, it's funny because, Kyle, when you originally invited me a few weeks ago, I was busy traveling.

...

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