Stagflation, Oil Spikes & War: Why America Isn’t Ready | 3/20/26

Are we sleepwalking into an economic disaster? I’m joined by economist and energy expert Tracy Shuchart, who breaks down why America's fragile, debt-ridden economy will struggle to sustain a $200 billion war with Iran. We explain why, despite the good intentions of dealing with Iran, the U.S. is not economically prepared for war — and how oil shocks, stagflation, and runaway debt could trigger a financial crisis. Tracy makes the point that we should focus more on oil refineries and pipelines, which are even more important than increased oil drilling. Separately, I tackle how Trump is both retreating on immigration and making the issue unpopular. Also, he is focused on the wrong issues with AI and is more interested in building the surveillance state than a healthy, broad-based economy. Learn more about your ad choices. Visit megaphone.fm/adchoices