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Earn Your Leisure

7 Warning Signs the Economy is WEAKENING Right Now

Earn Your Leisure

iHeartPodcasts

Entrepreneurship, Education, News, Business News, Careers, Investing, Business

4.97.9K Ratings

🗓️ 17 March 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

From skyrocketing credit card debt to a freezing housing market, we dive into the 7 data points showing the true state of the US economy. Is a major correction inevitable?

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Transcript

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0:00.0

This is an IHeart podcast.

0:02.6

Guaranteed human.

0:04.5

Yeah.

0:05.1

Will oil get to 200?

0:07.4

Iran, they're saying that they're going to put pressure on the oil market.

0:13.1

And they're stopping shipping, but they're also bombing.

0:17.6

Allegedly, who knows who's bombing who at this point?

0:19.6

Like I said, it's the Spider-Man

0:21.1

me yeah will oil get to $200 a barrel I get the concern um if you look at so the all-time

0:32.7

high for the stock USO was, was 95336.

0:38.3

That was in 2009.

0:42.3

If you look at the crude market, the all-time high was 147,

0:47.3

27, that was in 2008.

0:49.3

The probability of us going to 200,

0:53.3

for any person who is in power is probably less than 300%

0:59.1

if a 125 to 130 is a recession 200 would be like a thing they'll snap level to our fragile circular economy truth talks so no there's less than a

1:17.9

3% chance of it happening but if it does the your last concern will be futures options or stocks

1:23.9

because that means we will be in severe depression and there's a lot more levers in place

1:28.2

now than 1929 even trump is as maniacal as he can be he doesn't want to see oil at 170 190 or definitely

1:37.7

200 it will send a signal for a lot of people to sell off everything which will cause a complete

1:43.0

collapse of the market as we

1:45.1

know. And it probably take eight or nine years to recover. So I don't think so.

...

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