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Oil Crisis Escalates: When Does Iran War End? | Richard Wolff

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Click the link http://kalshi.com/r/LIN or download the Kalshi App and use code LIN to sign up and trade today! Richard Wolff, Professor Emeritus of Economics at the University of Massachusetts Amherst and co-founder of Democracy at Work, discusses the Iran war, rising oil prices and inflation, America's declining economic power, growing dissatisfaction with capitalism, and the rise of socialism in American politics. *This video was recorded on October 9, 2026 Register for the upcoming New Orleans Investment Conference, Oct. 28 - 31, 2026, here: https://neworleansconference.com/dlr/ Subscribe to my clips channel: https://www.youtube.com/@DavidLinReportClips Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW RICHARD D. WOLFF: Richard Wolff website: https://www.rdwolff.com Twitter (@profwolff): https://twitter.com/profwolff Democracy At Work: https://www.youtube.com/@democracyatwrk FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at [email protected] DISCLAIMER: This video is for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice. Always conduct your own research and consult a licensed financial professional before making any investment decisions. The views and opinions expressed by guests are solely their own and do not represent the views of this channel. Any forecasts or forward-looking statements are based on personal opinions and are not guarantees of future performance. This channel may include sponsors or affiliates. Their inclusion does not constitute an endorsement, and the channel is not responsible for the performance, claims, or actions of any sponsor, affiliate, or third party. No content in this video should be interpreted as a solicitation to buy or sell any securities or assets. Investments carry risk, including the potential loss of principal. 0:00 - America's Declining Power 2:42 - Iran War: Who's Winning? 6:09 - Iran's Nuclear Program 12:11 - When Will Hormuz Reopen? 16:47 - U.S. Withdrawal From Middle East? 20:27 - Oil & Inflation Crisis 25:50 - War & U.S. Politics 28:09 - America's Economic Decline 31:58 - Socialism vs. Capitalism 34:48 - JD Vance on Socialism 37:38 - The American Dream 40:37 - Immigration & Economic Anger 43:56 - America's Political Future #economy #IranWar #oil

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