The Real Economic Impact of the Iran War | Peter St Onge & Michelle Makori

Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, sits down with Peter St Onge, economist at the Heritage Foundation, to break down the real economic consequences of the Iran war and what it could mean for the U.S. economy, oil markets, inflation, and global financial stability.Peter St Onge explains why the economic impact of the war may not fall where many expect and why the biggest risks may lie in oil markets, the global dollar system, and hidden vulnerabilities in the financial system.Peter also breaks down what oil prices would need to do to truly trigger a recession and why energy shocks historically play a critical role in economic downturns.In this episode of The Real Story with Michelle Makori:- Whether the Iran war could push the U.S. economy toward recession- Why oil markets are experiencing historic volatility- Which countries could suffer the biggest economic damage- The role of China and discounted sanctioned oil- The risks to the dollar’s reserve currency status- Whether private credit could become the next financial crisis- Why some analysts warn the global financial system is structurally fragileFollow Michelle Makori on X: https://x.com/MichelleMakori        Follow Miles Franklin Media on X: https://x.com/MilesFranklinCo Follow Peter St Onge on X: https://x.com/profstongeYou can sign up for our newsletter here: https://milesfranklin.com/sign-up/ 👍 Like, 🔔 Subscribe, and Stay InformedJoin Miles Franklin Media for expert interviews, market insights, and real-time coverage of gold, silver, Bitcoin, and global economics. Hit the bell to get notified the moment new content drops – don’t miss a move in the markets.___________________Miles Franklin:📞 Call us: 1-952-929-7006📧 Email us: [email protected]🔗 Website: https://milesfranklin.com/▶️ YouTube: https://www.youtube.com/@MilesFranklinMedia 📱 X: https://x.com/MilesFranklinCo 📸 Instagram: https://www.instagram.com/milesfranklinmedia/ 💼 LinkedIn: https://www.linkedin.com/company/miles-franklin-media/ 📘 Facebook: http://fb.com/MilesFranklinCo 📩 For media inquiries, contact: [email protected]📺 About Miles Franklin MediaJoin Miles Franklin Media for unfiltered financial and economic news and insights. Through expert interviews and real market intelligence, we cut through the noise and challenge the mainstream narrative. Anchored in the principles of sound money, we uncover the truth about money, markets, macroeconomics, geopolitics, and power – delivering credible insights to help you protect your wealth, future, and freedom.🏦 About Miles FranklinMiles Franklin is a trusted leader in wealth preservation, with over $11 billion in precious metals sales since 1989. Specializing in gold and silver, we help clients safeguard their wealth with real assets that stand the test of time.___________________Disclaimer: The views and opinions expressed in this video are those of the individual speakers and do not necessarily reflect the views of Miles Franklin Precious Metals, its affiliates, owners, anchors, producers or hosts. This content is provided for informational and educational purposes only and is not intended as financial, legal, or investment advice. Nothing said in this video should be construed as a recommendation to buy or sell any financial asset. You should always consult with a qualified financial advisor, legal professional, or tax expert before making any investment decisions. Investing involves risk, including the potential loss of principal.By watching this video, you agree that neither the hosts, guests, nor Miles Franklin Media are responsible for any investment decisions you make based on the information presented. Use of this content is at your own risk.