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

<p>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&#39;s declining economic power, growing dissatisfaction with capitalism, and the rise of socialism in American politics.*This video was recorded on October 9, 2026Register 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/@DavidLinReportClipsSubscribe 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 RICHARD D. WOLFF:Richard Wolff website: https://www.rdwolff.comTwitter (@profwolff): https://twitter.com/profwolffDemocracy At Work: https://www.youtube.com/@democracyatwrkFOLLOW 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 david@thedavidlinreport.comDISCLAIMER: 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&#39;s Declining Power2:42 - Iran War: Who&#39;s Winning?6:09 - Iran&#39;s Nuclear Program12:11 - When Will Hormuz Reopen?16:47 - U.S. Withdrawal From Middle East?20:27 - Oil &amp; Inflation Crisis25:50 - War &amp; U.S. Politics28:09 - America&#39;s Economic Decline31:58 - Socialism vs