The Bipolar Economy: Trump, Oil & the End of Balance with Carole Nakhle

In a single week, Donald Trump goes after the Federal Reserve, criminalises Jerome Powell, and shakes the idea of central bank independence, the quiet pillar holding the global financial system together. At the same time, two oil superpowers, Venezuela and Iran, slide into fresh instability. Coincidence? Not quite. We unpack a world that feels wildly out of balance. In the U.S., markets are booming while consumer confidence collapses. The top 10 stocks now make up 40% of the S&P 500, profits are rising six times faster than wages, and young unemployment is running at 8.5% while older workers stack second jobs. GDP says “fine.” Lived reality says otherwise. Then we turn to energy, the thing that still prices everything. With oil hovering around $60 a barrel, sanctions wobbling, OPEC under strain, and Iran emerging as the real wildcard, we ask what happens next. Oil expert Carol Nackley joins us to explain why Venezuela’s reserves don’t mean cheap fuel, why Iran could flip the market overnight, and why political chaos makes long-term energy investment almost impossible. This episode is about imbalance, in money, markets, power, and psychology, and why when trust in institutions cracks, the consequences show up everywhere: in your wages, your bills, and the price you pay at the pump. Hosted on Acast. See acast.com/privacy for more information.