Trump's Midterm Election Defeat – What Happens to America Now
November 4, 2026

Professor Steve Keen, Australian economist, author and early forecaster of the 2008 Global Financial Crisis, joins us to discuss the political and economic implications of the 2026 US Midterm Elections, Donald Trump's policies, America's growing economic challenges and the future of the US dollar. We examine the potential bursting of the AI bubble, the risk of another major financial crisis, rising energy costs, Europe's economic decline, China's growing industrial dominance and the shift towards a multipolar global monetary system. Is America heading towards a major economic crisis, could the US dollar lose its global dominance, and what could it mean for investors, gold, silver, uranium, copper and global commodity markets?
🗓️ Recording date: , 2026

📖 Chapters
00:00 Intro
00:36 US Midterm Elections: What Trump's Defeat Means for America
03:09 Trump's Policies, Inflation and Rising Energy Costs
04:02 What Happens to US Economic and Fiscal Policy?
05:35 Market Impact: Stocks, Treasury Bonds and the US Dollar
06:24 Is the US Dollar Losing Its Global Dominance?
09:24 The US Economy: Why Are Ordinary Americans Getting Poorer?
11:32 AI Bubble: Is a Major Economic Crash Coming?
14:15 What Happens to Gold, Silver and Other Assets?
15:20 Europe vs China: Who Is Winning the Economic Race?
16:51 The Future of the Global Monetary System and BRICS
19:19 Steve Keen: Could the Next Financial Crisis Be Worse Than 2008?
23:04 China: The World's Next Manufacturing Superpower?
26:10 Where to Follow Steve Keen and Find His Books

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