Trump's Truth Social Has Become His Biggest Humiliation Ever

Donald Trump had been touting his conservative outlet, Truth Social, for months before it finally launched in February. And things have gone rapidly downhill ever since. Not only is the site a virtual ghost town, but the few people who want to use it can't even get in. Trump has suffered many public humiliations in his life, and this one may end up being the worst for reasons most people haven't even considered. Farron Cousins explains what's happening.

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*This transcript was auto-generated. Please excuse any typos.

Donald Trump has suffered many major humiliations public humiliations over the course of his career, right? Trump airlines, Trump bottled water, Trump stakes, Trump university, Trump Dodge, Mahal, other Trump casinos, all kinds of things that just didn't pan out for the former president back before he even had presidential aspirations. In fact, pretty much every business that the guy has gotten into with the exception of real estate has been an utter failure. The guy sucks at business other than real estate. And of course his new venture truth. Social is absolutely no different. However, this may be one of his biggest humiliations to date, and there's a reason why I think this, but first to recap, let's talk about the failures of truth, social so far, it launched on president's day, which I believe was February 20. First of this year, huge problems got overloaded. Couldn't handle it on the servers, went down for like half a day, you know, within just a few hours of launching officially, Donald Trump has sent out like one or two statements.

Meanwhile, he's actually sending out other statements from Malago that his press secretary has to push out on Twitter. He's not using his app. There's still a wait list of over 800,000 people trying to get on the site. Those that have gotten on have reported dis satisfaction with it because it's boring as hell. And most of the people who are on it are actually just copying, pasting their tweets from Twitter and putting it on truth. Social it's a virtual ghost town folks. It is a failed experiment and it hasn't even been live for a month. So the reason I believe this is going to be Donald Trump's biggest humiliation is because it wasn't just truth. Social.

Remember in the early days of Donald Trump starting this media company, this conservative social media site was only the beginning of it, right? It was only a, a part of what was to come. There was also supposed to be like a television network like Trump TV. Remember that see a lot of people forgot about all of this. It wasn't just the truth social platform. It was supposed to be a mega multimedia higher of Donald Trump with truth, social, just being the bedrock for it. And that bedrock has already crumbled into sand. And when that happens, the rest of these things that Trump is supposed to be building with other people's money is going to come crumbling down. As it's being built. If truth, social cannot get off the ground, if it cannot prove its viability, investors are going to flee it, the money is going to dry up and disappear.

The stock is going to become worthless. And of course, these are all things by the way, I think are happening now, not to the largest scale that we need to see, but they are happening. The stock price has gone way down and it's not showing any signs of going back up. So when investor confidence starts to weigh, like it is now what happens to the rest of the things he's supposed to be building the money's gone, dude, you've spent it all. You've wasted it all. You've lost it all because the stock is essentially worthless at some point, what happens to Trump TV? Where does that go? It goes nowhere because none of this was ever meant to sway pilot tick. None of this was meant to provide a platform of free speech. It was also just a giant vanity project from Donald Trump that he got other investors to pay for and it failed less than a month before it even got off the ground.