Piers Morgan Uncensored "Heading For Global DEPRESSION!" Professor Jiang Debates Iran War, Trump And China Ties
14 snips
May 5, 2026 
Professor Jiang (game theorist focusing on China and Iran) offers sharp geopolitical analysis. Stephen Moore (former Trump economic adviser) argues supply-side fixes and political risks. Steve Keen (economics professor critical of mainstream models) warns on debt, energy shocks and market fragility. They debate the Strait of Hormuz shutdown, China’s diplomatic moves, escalation risks, and whether crisis spurs depression or tech-driven recovery.
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Use Futures Markets To Gauge Oil Shock Duration
- Monitor oil futures to gauge market expectations for how long price shocks will last.
- Stephen Moore highlights futures pricing predicting oil migrating back to $70–$80 a barrel as a practical signal for policymakers and markets.
Alienating Allies Limits Crisis Response Options
- Diplomatic isolation weakens coordinated responses to Strait of Hormuz disruptions.
- Stephen Moore argues Trump's public insults of allies have left him with little international help to reopen the strait.
China Secured A Ceasefire Through Backdoor Diplomacy
- China used quiet diplomacy to pressure Iran into a ceasefire rather than openly intervening.
- Jiang Xueqin says China’s backdoor diplomacy secured the ceasefire, an atypical and strategic Chinese move.