There’s growing concern about the state of the global economy.
Warnings about the so-called "AI bubble" and escalating conflict in the Middle East have led a number of commentators and market experts to predict that a major downturn could be on the horizon. Some have even gone further, with one renowned forecaster warning that the world may be heading towards a global depression.
With fears of history repeating itself, Piers Morgan is joined by broadcaster and author Andrew Ross Sorkin, whose new book 1929: Inside the Greatest Crash in Wall Street History examines the events that led to the Wall Street Crash and the lessons they hold for today's economy.
Later, GameStop CEO Ryan Cohen joins Piers to discuss reports that he is exploring a hostile takeover of eBay. Cohen explains the thinking behind the move and what it could mean for shareholders and the future of online retail.
Piers Morgan Uncensored is proudly independent and sponsored by: Mars Men: For a limited time, our listeners get 50% off FOR LIFE, Free Shipping, AND 3 Free Gifts at Mars Men at Mengotomars.com.
00:00 Introduction
02:06 Andrew Ross Sorkin’s interview with Piers
03:00 Andrew on his new book ‘1929: Inside the Greatest Crash in Wall Street History’
07:14 The risk of AI
09:01 Is Elon Musk a force for good or not?
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10:58 Piers asks Andrew: “Who is the one individual he would invest his net worth in?”
13:13 Lewis Hamilton’s statement on millionaires
14:50 Current debt in America
16:58 Donald Trump and the state of the US economy before and after the war in Iran
21:00 How is the stock market still afloat amidst the Iran war?
23:03 What is the best and safest way to get rich?25:15 What is the world going to look like 100 years after 1929?
28:18 Andrew Ross Sorkin on Ryan Cohen’s GameStop’s financing to acquire eBay
29:22 Andrew reacts to Ryan Cohen’s response
31:05 POLYMARKET POLL: Will GameStop acquire eBay? (https://polymarket.com/event/will-gamestop-acquire-ebay)
33:48 Andrew on power lunches
34:44 Ryan Cohen reacts to Andrew Ross Sorkin’s interview with Piers
38:40 Hype around SpaceX launch
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