Blue Wave Backlash: New York’s Socialist Gamble & The Market’s Sudden Crash | The Tom Bilyeu Show

Mamdani is now the mayor of New York. I guess they're gonna have to learn once again how economies work. A UPS plane still full of fuel crashes during takeoff leaving a mile long fire. Tommy Robinson has been acquitted in The UK of terrorism. The government shutdown is now the longest in US history and TSA Houston walked off the job and brain computer interfaces have now reached sci fi levels. The world is about to get very weird. Alright. We gotta talk about it. If you're a Democrat, you're on top of the moon today. They have that's true. Are you're gonna talk about Maumdani? Yeah. We're start we're starting with Maumdani, but they the government, the governor of, Virginia is now a Democrat. The governor of New Jersey is now a Democrat. Yeah. Prop 50 in California passed. And, of course, Mamdani won NYC, so it was a blue wave that kind of happened. I have his, cons what a portion of his victory speech up here. What are your initial thoughts, though, of Mamdani taking the w? So I'm a little bit surprised that it it made me feel some type of way. So I don't usually navigate life by a whole lot of feelings. It's like where are we trying to end up? So that caused me to pause. I don't trust my emotions. So, but I felt very negative. I felt very sad for, the direction of America. I do think that Mom Donnie in New York is indicative of something larger happening. And so, if I feel about Mom Donnie the same way that I feel about Gary's economics where it's like you've got your finger on the right problem and the answer is so catastrophic and will accelerate this. It's like how I felt when Steve Jobs was like, I have pancreatic cancer and so I'm gonna do just like apple juice. And it's like, bro, that that is going to make things worse. You're feeding a tumor which survives on carbohydrates, you're feeding it a steady diet of guess what? Carbohydrates. So, it's one of those where when you don't understand the fundamental cause and effect of things, you can make the most like egregious obvious own goals and that's what we're about to see. So, the great irony of all this is I want the same outcome they purport to want. Now, I think that Mamdani is only understandable when you think of him as somebody who despises the wealthy, not as somebody who actually wants to help the poor. Once you think of him that way, then things are gonna make sense. You understand how we could look at the world and see just failure after failure after failure of these policies, and still want to do it. But they really do punish the rich as well. So it beats everybody up and that is wild to me. And dude, sometimes really when I'm writing the deep dives, I …