'Complete Catastrophe': Economist Says U.S. Losing The War And Going Broke | Steve Hanke

Grab your Priority Gold FREE precious metals playbook here: https://www.prioritygold.com/david Steve Hanke, Professor of Applied Economics at Johns Hopkins University, explains how the Iran war is disrupting global oil markets and exposing deep vulnerabilities in the US economy, while also breaking down the government's own balance sheet numbers and what rising bond yields mean for gold.Read Prof. Hanke's article on Fortune: https://archive.is/QL4ShWatch Prof. Hanke's last interview: https://youtu.be/_cRUYOcieo0*This video was recorded on March 27, 2026.To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcwSubscribe to my Briefs channel: https://www.youtube.com/@DavidLinReportBriefsSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW STEVE HANKE: X (@steve_hanke): https://x.com/steve_hankeCapital, Interest, And Waiting: https://shorturl.at/jBed6Making Money Work: https://shorturl.at/TLTHCProfile at The Mises Institute: https://mises.org/profile/steve-h-hankeFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]: 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 - Intro.1:03 - Global recession if war doesn’t conclude?7:51 - Why Iran is winning the war14:41 - Iran negotiations and Trump’s strategy19:29 - Iranian oil, Russia, and sanctions26:10 - Solutions and consequences31:57 - Is the US insolvent?35:16 - Inflation, bonds, and gold39:05 - Does war boost the economy?#iran #investing #oil