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18:04Now PlayingLivestreamed on: August 1, 2024
David Freedlander, writer at New York Magazine, to discuss his recent piece on Truth Social, Trump’s media company
David Freedlander then joins, diving right into an outline of the massive fraud machine that is Donald Trump’s Truth Social, a business considered generally worthless with massive losses alongside a market capitalization of $6 billion, functioning more as a financial proxy for Trump’s political power than an actual valuation. Stepping back, Freedlander walks through Trump’s background in wanting to push a social media company, and the role of his apprentice connections in making that a possibility after his first presidential term, before wrapping up with the danger this massive market capitalization can pose when it comes to Trump’s political power, and why it continues to work.
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