Will the Iran War Cause a Global Depression?

Stalin

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448,600 views May 1, 2026 The Chris Hedges Report

The ill-conceived US war on Iran is leading the world to a global recession or depression.
Professor Richard Wolff places the current crisis in the context of the capitalist system and the decline of US hegemonic power.

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(0:00) Intro (3:19)
Supply chain damage(10:58)
Long term disruptions(14:51)
How will the ruling class respond?(19:51)
Food prices(22:11)
Declining empire(27:10)
Dollar hegemony (32:19)
Consequences of collapsing dollar(37:06)
How could this get bad? (42:36)
Flirting with global depression(45:19)
Outro

comrade stalin
moscow
 
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