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Some NATO and Russian advisers think nuclear weapons are a viable option. Would a desperate Israel really nuke Iran? We speak with nuclear weapons expert Peter Kuznick, former CIA analyst Ray McGovern and economist Professor Richard Wolff.
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Oil prices continue to rise for a second straight week, as President Trump vowed more strikes against Iran after at least two American soldiers were killed by retaliatory Iranian strikes on U.S. Military bases in Jordan. This, as U.S. strategic petroleum reserves hits their lowest levels since 1983.
Prof. Richard Wolff, an American Economist and founder of Democracy at Work, noted that while the Trump Admin has relied on the U.S. emergency reserves to steady the oil market thus far, time is running out and the U.S. economy is in a “VERY DANGEROUS” place, as the war against Iran continues, the Strait of Hormuz remains closed, and all signs point to further escalation…
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Prof. Richard Wolff discusses how the economics of a dying world order, the US descent into authoritarianism, and Europe becoming a vassal of a US tributary system.
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Economist Prof. Richard Wolff argues that the death of the petrodollar has arrived as the Iran war digs the U.S. empire deeper into global depression. He joins the show to break down the latest economic developments emerging from this historic crisis in geopolitics.
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Prof. Richard Wolff discusses how the Iran War undermines the petrodollar and the US-led international economic system that has sustained the US empire.