”WHIPPING America’s Industrial Ass!” Kevin O’Leary x Steve Keen Economics Debate

2026-07-16

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The US-Iran MOU, designed for speed, was intentionally vague - and now it’s unravelling, threatening to spike costs for everything from oil and fertilizer to food and borrowing. As inflation climbs, this economic instability becomes a critical challenge for President Trump in an election year.Meanwhile, Trump is promoting initiatives like the ‘Freedom Fuel Network,’ ‘Trump Accounts,’ and ‘Trump RX’ - moves that have sparked debates about government intervention and socialism. What is actually happening with the US e...

The US-Iran MOU, designed for speed, was intentionally vague - and now it’s unravelling, threatening to spike costs for everything from oil and fertilizer to food and borrowing.

As inflation climbs, this economic instability becomes a critical challenge for President Trump in an election year.Meanwhile, Trump is promoting initiatives like the ‘Freedom Fuel Network,’ ‘Trump Accounts,’ and ‘Trump RX’ - moves that have sparked debates about government intervention and socialism.

What is actually happening with the US economy? Piers Morgan speaks to ‘Shark Tank investor Kevin O’Leary and economics professor Steve Keen and breaks down these policies and the fierce debate surrounding wealth taxes.

(00:00) Introduction

(01:59) Why markets are so resilient despite the war in Iran

(10:30) Why is Trump not explaining the economic reasons for war?

(13:01) Wealth tax

(16:10) Elon Musk becoming a trillionaire

(18:41) America vs China

(22:03) AI

(28:59) Gen Z

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