OPEC Fractures and Stagflation is Here. Global Economy on the Edge w/ Raymond Zucaro
From The Duran on Odysee by The Duran
May 3, 2026 · 26 min
About this episode
Ray Zucaro discusses the current state of the global economy, highlighting issues such as OPEC's exit, capital flight, and the looming threat of stagflation.
Follow Ray: https://rvx-am.com - https://x.com/RayZucaro The global economy is flashing red — and Ray Zucaro explains why. Alex Christoforou and Alexander Mercouris sit down with Ray for a wide-ranging financial analysis covering the UAE's shock exit from OPEC, mounting capital flight from the Gulf running at an estimated $40 billion a week into Hong Kong, and the last major oil deliveries arriving on European shores as the Iran war continues to strangle global energy supply. Ray delivers a stark verdict: with demand destruction accelerating, diesel prices spiking in the American heartland, Jerome Powell refusing to cut rates, and inflation potentially hitting 6% in Britain by August, the world is entering a classic stagflation environment with no obvious exit. From the fragility of European bond markets to the startling possibility of an Argentine move on the Falklands triggering a global liquidity crunch, this is one of the most sobering and clear-eyed financial assessments The Duran has aired this year. Is the global recession already underway — and just how severe could it get? 00:00:00 - Introduction: Ray Zucaro Returns to The Duran 00:01:22 - UAE Quits OPEC: Financial…
People in this episode
Hosts: Alex Christoforou, Alexander Mercouris
Guest: Ray Zucaro
Topics covered
- global economy
- OPEC
- stagflation
- capital flight
- oil deliveries
- financial analysis
Keywords
- OPEC
- stagflation
- capital flight
- global economy
- oil deliveries
- inflation
- financial analysis
Mentioned in this episode
Organizations: OPEC
Places: UAE, Hong Kong, Europe, American heartland, Britain
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