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Prof. Wolff: the US debt crisis is coming for you

23 September 2026 at 15:32

Diesel is approaching $9 a gallon in California, the Federal Reserve just raised interest rates for the first time since 2023, and Americans have lost roughly 30% of their purchasing power in just six years. That’s not the economy malfunctioning – it’s proof of the American empire in decline, says Dr. Richard Wolff, economics professor and founder of Democracy at Work. He tells Zoe Alexandra and Rania Khalek the Strait of Hormuz is where Washington’s unchecked economic conquest finally hit a wall, and the costs are being offloaded onto working families.

From Washington’s “lucky” inheritance of a global empire after World War II, to Trump’s war on Iran choking the world’s oil supply, to a $40 trillion national debt now costing more in interest than the entire Pentagon defense budget, Wolff argues the capitalist system is doing just what it was designed to do: protect the interests of the ulta-rich. But history is instructive: Wolff points to Europe, where the end of empire and “decolonization” paved the way for extreme far-right (and left) politics in countries like France and Germany – a pattern he says is already unfolding stateside in real time.

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Is the UK breaking up? Ireland, Scotland & Wales unite for independence | w/ Declan Kearney

23 September 2026 at 10:54

Is the UK about to break apart? For the first time ever, Scotland, Wales, and the north of Ireland are led by pro-independence parties committed to “the right of each nation to determine its own future.” Declan Kearney, Sinn Féin’s national chairperson and a Member of the Legislative Assembly in the north of Ireland, joins Zoe Alexandra and Rania Khalek to break down the historic Cardiff agreement, and why he says the United Kingdom is truly on the edge of becoming “disunited.”

Kearney digs into how Brexit set off a populist realignment across British politics that’s still reshaping the map, and why Westminster’s refusal to set a date for an Irish reunification referendum may violate the very terms of the Good Friday Agreement – a treaty that still hasn’t delivered the vote it promised the north of Ireland 28 years ago. And what would a UK breakup mean for the world beyond these islands, considering Ireland’s deep solidarity with Palestine, Cuba, and the wider Global South, and growing anger at the British government’s continued role in arming and supporting Israel’s genocide in Gaza?

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