Panama Canal Delays And Fees Soar From US-Iran War

A gas company just paid a record-breaking $5.3 million for its tanker ship to skip the Panama Canal’s long line, a line induced by the US-Iran war. Meanwhile the US fired on Iranian positions in the Strait of Hormuz. The US bond market is also in its worst state in 30 years. Professor Richard Wolff and producer Nicole Roussell unpack the state of today’s volatile global economy. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.