{"id":530000,"date":"2026-03-10T01:36:08","date_gmt":"2026-03-10T01:36:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/530000\/"},"modified":"2026-03-10T01:36:08","modified_gmt":"2026-03-10T01:36:08","slug":"will-the-war-in-iran-crash-the-global-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/530000\/","title":{"rendered":"Will the war in Iran crash the global economy?"},"content":{"rendered":"<p>This week, editors\u00a0<a href=\"https:\/\/reason.com\/people\/peter-suderman\/\" rel=\"nofollow noopener\" target=\"_blank\">Peter Suderman<\/a>,\u00a0<a href=\"https:\/\/reason.com\/people\/katherine-mangu-ward\/\" rel=\"nofollow noopener\" target=\"_blank\">Katherine Mangu-Ward<\/a>,\u00a0<a href=\"https:\/\/reason.com\/people\/nick-gillespie\/\" rel=\"nofollow noopener\" target=\"_blank\">Nick Gillespie<\/a>, and\u00a0<a href=\"https:\/\/reason.com\/people\/matt-welch\/\" rel=\"nofollow noopener\" target=\"_blank\">Matt Welch<\/a> discuss the escalating war with Iran and its growing economic consequences. With oil prices surging past $100 a barrel, the panel examines the risks to global energy markets and the broader economy. They also debate the war&#8217;s trajectory after Iran elevates a new hardline supreme leader and launches wider counterattacks, raising fears of global escalation, nuclear proliferation, and the White House signaling that Cuba could be the next target.<\/p>\n<p>They also discuss the removal of Kristi Noem as secretary of Homeland Security and what her turbulent tenure says about the popularity of hardline immigration tactics. Then, the editors look at new polling showing that Americans dislike artificial intelligence more than Immigration and Customs Enforcement (ICE), continue to view government as the country&#8217;s biggest problem, and report collapsing levels of social trust. They also answer a listener&#8217;s question about drug use in libertarian circles.<\/p>\n<p>\u00a0<\/p>\n<p>0:00\u2014Economic fallout of war with Iran<\/p>\n<p>10:12\u2014China and the risk of global escalation<\/p>\n<p>25:04\u2014Noem removed as secretary of Homeland Security<\/p>\n<p>35:36\u2014Listener question on libertarian drug use<\/p>\n<p>44:27\u2014New polling on AI, social trust, and government approval<\/p>\n<p>57:30\u2014Weekly cultural recommendations<\/p>\n<p>\u00a0<\/p>\n<p>Mentioned in the podcast:<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/09\/regime-change-in-cuba-just-a-matter-of-time\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Regime Change in Cuba: &#8216;Just a Matter of Time,&#8217;<\/a>&#8221; by Matt Welch<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/09\/what-is-life-like-beneath-the-bombs-of-the-iran-war\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">What Is Life Like Beneath the Bombs of the Iran War?<\/a>&#8221; by Matthew Petti<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/06\/jobs-are-down-while-the-u-s-spends-2-billion-a-day-on-war-with-iran\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Jobs Are Down While the U.S. Spends $2 Billion a Day on War With Iran<\/a>,&#8221; by<br aria-hidden=\"true\"\/>Joe Lancaster<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/06\/trump-bragged-about-lower-gas-prices-then-he-bombed-iran\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Trump Bragged About Lower Gas Prices. Then He Bombed Iran,<\/a>&#8221; by Joe Lancaster<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/05\/senate-punts-on-iran-war-powers-as-ground-war-grows-more-likely\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Senate Punts on Iran War Powers as Ground War Grows More Likely<\/a>,&#8221; by Matthew Petti<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/05\/yes-the-iran-war-is-a-war-of-choice-and-a-bad-one\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Yes, the Iran War Is a &#8216;War of Choice,&#8217; and a Bad One<\/a>,&#8221; by Nick Gillespie<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/03\/the-iran-war-is-unconstitutional\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">The Iran War Is Unconstitutional<\/a>,&#8221; by Damon Root<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2004\/05\/01\/temporary-doves-2\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Temporary Doves<\/a>,&#8221; by Matt Welch<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/06\/kristi-noems-lies-about-dhs-shootings-dont-seem-to-have-figured-in-trumps-decision-to-fire-her\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Kristi Noem&#8217;s Lies About DHS Shootings Don&#8217;t Seem To Have Figured in Trump&#8217;s Decision To Fire Her<\/a>,&#8221; by Jacob Sullum<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/05\/trump-fires-kristi-noem-from-dhs\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Trump Fires Kristi Noem From DHS<\/a>,&#8221; by Robby Soave<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/04\/in-senate-testimony-on-dhs-shootings-kristi-noem-lies-about-her-lies\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">In Senate Testimony on DHS Shootings, Kristi Noem Lies About Her Lies<\/a>,&#8221; by Jacob Sullum<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2026\/03\/04\/dhs-spent-220-million-on-ads-featuring-kristi-noem-both-parties-grilled-her-about-it-in-the-senate\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">DHS Spent $220 Million on Ads Featuring Kristi Noem. Both Parties Grilled Her About It in the Senate<\/a>,&#8221; by Autumn Billings<\/p>\n<p>&#8220;<a href=\"https:\/\/reason.com\/2018\/05\/31\/reasons-classic-pot-brownies\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Reason&#8217;s Classic Pot Brownies<\/a>,&#8221; by Katherine Mangu-Ward<\/p>\n<p>Producer: <a href=\"https:\/\/reason.com\/people\/paul-alexander\/\" rel=\"nofollow noopener\" target=\"_blank\">Paul Alexander<\/a>Video Editor: <a href=\"https:\/\/reason.com\/people\/ian-keyser\/\" rel=\"nofollow noopener\" target=\"_blank\">Ian Keyser<\/a>\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"This week, editors\u00a0Peter Suderman,\u00a0Katherine Mangu-Ward,\u00a0Nick Gillespie, and\u00a0Matt Welch discuss the escalating war with Iran and its growing economic&hellip;\n","protected":false},"author":2,"featured_media":530001,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[254,64,63,99,13226,114759,1730,164,7963,5575,19136,33075,182800,6900],"class_list":["post-530000","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-artificial-intelligence","tag-au","tag-australia","tag-business","tag-cuba","tag-dhs","tag-drugs","tag-economy","tag-ice","tag-iran","tag-oil","tag-polls","tag-trust-in-government","tag-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/530000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=530000"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/530000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/530001"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=530000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=530000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=530000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}