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Raging Moderates: Trump Spirals as Iran Blockade Triggers Recession Fears (ft. Sen. Chris Murphy)

4/15/202633 min

Big news! We’ve just been nominated for a Webby Award for Best News & Politics Podcast! Now it’s time to bring it home — and we need your help.  Cast your vote HERE: ⁠⁠https://wbby.co/57448N⁠ Scott Galloway and Jessica Tarlov break down the escalating crisis following the Trump administration’s Iran blockade—and what it could mean for the global economy. As tensions intensify in the Strait of Hormuz and negotiations stall between the U.S. and Iran, markets are flashing warning signs that a broader economic shock may already be unfolding. Senator Chris Murphy joins the show to discuss the legality of the administration’s actions, Congress’s inability to assert War Powers authority, and whether the U.S. is being pushed toward a wider conflict without meaningful checks and balances. The conversation also explores growing international backlash, shifting alliances in Europe and the Middle East, and the potential fallout for global trade and energy markets. With the IMF warning of slowing global growth, rising inflation, and increased recession risk, the panel examines whether Trump’s Iran strategy could trigger a broader economic downturn—and what, if anything, can be done to stop it. Follow Jessica Tarlov,⁠ @JessicaTarlov⁠  Follow Prof G,⁠ @profgalloway⁠  Follow Raging Moderates, ⁠@RagingModeratesPod⁠  Subscribe to our YouTube Channel: ⁠https://www.youtube.com/@RagingModerates⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Clips

Transcript preview

First 90 seconds
  1. Scott Galloway· Host0:00

    [gentle music] Support for the show comes from Back Market. Most ads tell you that you have to upgrade to the latest tech product, but just because something is new doesn't mean you need it. Most recent thing I bought I didn't need? A climbing wall. Yeah, kids use that for a good 12 or 15 minutes. That's why Back Market, the world leader in premium refurbished tech, is giving you another option. Back Market offers a range of high-quality tech, inspected and refurbished by professionals. It's all they do. They have phones, computers, gaming consoles, vacuum cleaners, and even iPods. Plus, they're on a mission to reduce the environmental toll that fast tech has on our planet, as refurbished tech is proven to use less raw materials, leave behind less waste, and create fewer carbon emissions than new tech. Shop now at backmarket.com.

  2. Speaker 10:43

    [gentle music] Breaking news. The world is a mess, and it seems like it's just getting worse. So how do you find a way to move forward?

  3. Speaker 2· Soundbite0:57

    Being hopeful acknowledges and embraces that things are difficult and asks, "Where can we go from here?"

  4. Speaker 11:03

    Why our future depends on our ability to hope. That's this week on Explain It to Me. New episodes wherever you get your podcasts.

  5. Jake Sullivan· Soundbite1:12

    [upbeat music] What should we make of the Iran war ceasefire announcement, and where do things go from here?

  6. Jon Finer· Soundbite1:22

    If anything has surprised me over the last 24 hours, it's that Iran agreed to a ceasefire,

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