"So there are five scenarios in which the war could end because Trump is stupid enough to take on what Israel wanted to do, which was destroy Iran, but they've bitten off far more than they can chew. S..."

">> Professor Steven, who who are you? If you had to sort of distill it down to three areas of specialism, what would those be? history of economic thought, financial instability, so the what causes vo..."

">> We'll talk about that as well today. I really want to focus on what's going on in the world right now because there's so many questions. It's it's all quite confusing >> extremely >> and understand..."

">> Why would Israel want to destroy Iran? What's the context there? >> This goes back to religious elements. The Zionist state had the right to that whole region and there's an expansionist element to..."

"dump. >> Let's explain the straight of hormones. >> Oh god. Yeah. is if we had to explain it for 16 year olds because there's been lots of coverage on it and I think some people have kind of skipped p..."

"can't produce chips anymore. And you can't Well, you got hang on. You can't produce these chips either because the fertilizer is disappearing. >> So, you're holding a potato in your hand. >> Yeah. >> ..."

">> And what's the last uh tanker you've got down there? There's one more on the floor. >> Oh my god. Okay. Hey, that's pretty good. It was accidental, but that's that's petroleum. Okay. A petroleum ta..."

">> And for the average person listening now, what will they start to experience if this war doesn't immediately end? 2 or 3 months India is going to run out of fertilizer and so there'll be a famine i..."

">> I got in an Uber yesterday and I was with a a wonderful guy who was actually weirdly I sat to the Uber at 2 a.m. and I looked up on the screen and he was listening to the D of Sierra and then he cl..."

"Do do wars typically make inequality worse? >> Very good question. I think wars are created when inequality is bad. If you go back to the Great Depression and see what caused World War II, it was larg..."

">> So you've got five scenarios laid out on these cards in front of you here that you think could happen next. I'm going to ask you to explain to me what the five scenarios are and then tell me which ..."

">> So, scenario one, which is the one that I think Trump is I think Israel wants this one, Iran has destroyed. Okay, if that happens, we're all gone because to destroy Iran, you're going to have to us..."

">> Yeah. So scenario two is Iran destroys the Gulf power infrastructure. I think that's highly likely. >> Iran destroys Gulf power infrastructure. What does that mean? >> What it means is that Iran al..."

">> So that was scenario number two. >> Okay. Scenario three. That's the one that really scares me because that is the Samson doctrine. You know the story of Samson. Yeah. Okay. Samson is a enormously ..."

">> So what is scenario four in your envelopes there? Iran disables Israel's nukes. Nobody can know. But I do believe that Iran has not developed nuclear weapons. >> So you're hoping Iran disables Isra..."

">> You can look at his behavior and sort of understand what he wants. He wants to win this war and he he want you know he wants to win the war and that's and get out of there because that's what he's ..."

">> Do you think he will send ground troops in? Yes, I do. Uh, and like I've seen people talking about where the troops might land. And the only part of they can land is is right towards this edge here..."

">> What is the best case scenario? The Americans have to realize they've lost. They've not going to negotiate the terms of reparation. And what Iran has proposed, when you look at Iran's terms, they'r..."

">> So, we've got one more scenario. Scenario five. >> Iran develops nuclear weapons. I'd rather four happen than five. >> Which of these five outcomes do you think is most probable to happen? >> I thi..."

"the for the average person that's listening now when they hear all this conflict going on on in the world from an economic perspective, is there anything they can be doing to protect themselves agains..."

">> I've heard you make a few predictions about the future of the economic markets. You know, you're famous for predicting 2008 and the financial crash that occurred then. I've heard you saying that yo..."

">> what do we do as entrepreneurs as team members and companies what do we do at this moment if what you're saying is correct that there will be a >> a boom and bust >> a boom and bust which which I t..."

">> You think a universal basic income is a good idea? I we should probably explain what that is. >> Yeah. Well, it's it's the state provides everybody with enough money to stay alive. That's the basic..."

">> And you think up to 50% of working-class jobs could be wiped out because of AI and robotics. >> Yeah. >> I mean, that's um that's been a prediction from the leaders of some of the biggest companies..."

"something you actually said earlier. You talked about Bitcoin briefly. I've heard you say that you think Bitcoin is going to zero. >> Yeah. >> Okay. This is worrying. I think I have some Bitcoin. >> Y..."

"be electing? Do you think we should be electing? >> I don't think I I think even lifting leaders itself is a mistake because what we then do is end up getting we we pander to narcissists. We pander to..."

">> What is a better system then? Uh I think I think what China has done is a better in a better direction. They have a they have a collective focus as well as an individual focus. >> What's their syst..."

">> What's wrong with capitalism? And capitalism is what the UK and the US have adopted as their sort of economic model. >> It's seeing competition absolutely ruling and ignoring cooperation. Now the r..."