19,576 views
609 likes
“This is a serious warning,” Iran’s Revolutionary Guard said after firing on a U.S. warship. Now, the Strait of Hormuz, one of the world’s most vital oil chokepoints, has been shut.
A significant share of global energy passes through this narrow route and there’s growing concern the U.S. has no quick way to reopen it. Despite claims from President Trump that the U.S. doesn’t depend on the Strait, rising fuel prices and inflation suggest otherwise.
As oil is traded globally, the impact is being felt worldwide. The White House has promised relief once the Strait reopens but experts warn the economic fallout could last months.
Some are even warning of worst-case scenarios - from recession to food insecurity. So how bad could this get?
Piers Morgan is joined by panellists economics professor and commentator, Steve Keen, former economics adviser to President Trump, Steve Moore and game theorist known as 'Professor Jiang', Jiang Xueqin, to discuss all of this and more.
00:00 Introduction
01:40 Piers is joined by the panel
02:00 Steve Keen on the economic meltdown and a potential recession
05:15 Steve Moore on ‘Trumponomics’ and a two-pronged strategy in Iran
11:17 Piers asks Jiang Xueqin Why China is sitting this war out
12:13 Consequences of an American ground invasion in Iran
17:12 Trump’s Tariff war and economic strategy
20:40 Jiang Xueqin on China’s manufacturing resilience
22:35 Will China be deterred from invading Taiwan?
23:05 How will this war play out?
24:40 Geopolitical turmoil in the Gulf States
27:17 The inevitable consequences of adapting Isolationist policies
28:20 The future of Bitcoin
32:05 Are we heading towards a global recession?
Subscribe to stay up-to-date on all Uncensored content.
Follow Piers Morgan Uncensored on:
X: https://x.com/PiersUncensored
Instagram: https://www.instagram.com/piersmorganuncensored/
Facebook: https://www.facebook.com/piersmorganuncensored
TikTok: https://www.tiktok.com/@piersmorganuncensored
Follow Piers Morgan on:
X: https://x.com/piersmorgan
Instagram: https://www.instagram.com/piersmorgan
#piersmorgan #piersmorganinterview #piersmorgandebate