The MeidasTouch Podcast
The MeidasTouch Podcast

Trump has Disaster Morning as War Plan Fails

August 20, 2026

AI Summary

5 min read

Trump Has Disaster Morning as War Plan Fails

Iran's top officials escalated their rhetoric against Donald Trump this morning, with one national security advisor calling Trump a "cornered rat" and warning that "any further mistake or miscalculation will carry consequences far greater than before." The warnings came as Trump's newly announced economic warfare strategy against Iran appeared to backfire almost immediately, with Treasury yields surging past pre-announcement levels and oil prices continuing to climb despite the administration's promises of relief.

The Economic Warfare Plan Unravels

Treasury Secretary Scott Bessent was sent before cameras yesterday to announce what Trump had billed as "the most crushing economic operation ever taken against any country" — an "economic D-Day for Iran." Bessent's scheme involved a $4 billion bond buyback intended to provide liquidity support and lower Treasury yields. It worked for roughly 24 hours: the 10-year note yield fell from 4.68% to 4.63% after the announcement. But by this morning, yields had surged past their pre-announcement levels to 4.71%, as markets signaled distrust in the administration's market manipulation.

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What you'll learn

  • 1 (00:00) **Iran Issues New Warnings as Economic Crisis Deepens** - The episode opens with Iran's top officials warning Trump, calling him a "cornered rat," while treasury yields surge and diesel prices hit near $200 a barrel.
  • 2 (00:50) **Treasury Secretary Bessent Flounders in Press Briefing** - Scott Bessent appears flustered when questioned about surging oil prices, blaming Biden and offering no clear answers.
  • 3 (02:08) **Agriculture Secretary Blames Biden for Affordability Crisis** - Brooke Rollins on Newsmax deflects questions about Trump’s economic promises, pointing to Biden-era food price increases.
  • 4 (03:18) **Top Iranian Officials Escalate Rhetoric** - Abraham Azizi and Gar Babadi issue stark warnings to Trump, rejecting his "economic D-Day" threats.
  • 5 (04:32) **Bessent Dodges Question on China’s Role in Iran Sanctions** - When asked if Trump’s economic warfare includes China, Bessent avoids a direct answer.
  • 6 (07:22) **Iran’s Foreign Minister Dismisses "Economic D-Day"** - Foreign Minister Araghchi posts that Trump’s threats are a diversion from America’s own debt crisis and surging interest costs.
  • 7 (07:57) **Trump’s Bond Buyback Scheme Fails Within 24 Hours** - The 10-year note yield rises above pre-announcement levels, exposing the manipulation of markets.

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Guests on this episode

Show Notes


MeidasTouch host Ben Meiselas reports on Donald Trump getting a rude awakening as he crashes the United States economy and military as his Iran war plan, or lack of any plans, continues to lead to massive failure. Smalls: For a limited time only, get 60% OFF plus FREE SHIPPING and FREE TREATS for LIFE at https://Smalls.com/meidas Pre-order the new book from MeidasTouch, WTF America?!: The Way Out of This Hell and Back to Democracy, today: https://bit.ly/wtfamericayoutube Visit https://meidasplus.com for more!


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