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McGregor Warns Global Economy Could Contract 36 Percent Exceeding Great Depression

Redacted · Is Putin Preparing a MASSIVE End of War Attack Against Ukraine? · May 28, 2026
McGregor Warns Global Economy Could Contract 36 Percent Exceeding Great Depression
Redacted
Redacted
Is Putin Preparing a MASSIVE End of War Attack Against Ukraine?
"Right now, people think that when all the chickens come home to roost, and I'm talking about everything, the loss of oil around the world and the gas and the minerals and everything else, we could see as much as a 36% reduction in the size of the global economy. During the Great Depression, the world economy was reduced by 20%."
The former Pentagon advisor predicted economic collapse worse than the 1930s driven by cascading consequences of Middle East conflict disrupting energy and resource flows. He warned that unlike the Great Depression era when America held financial advantages, the current 125% debt-to-GDP ratio leaves no buffer, describing the administration as sitting on a ticking time bomb.

About this episode

Hosts Clayton and Natalie Morris of Redacted presented a two-hour deep dive into escalating conflicts in Ukraine and Iran, featuring retired US Army Colonel Douglas McGregor as the primary guest. McGregor delivered stark warnings that Russia is preparing what he called annihilating strikes to end the Ukraine war, with forces massed in Belarus and eastern Ukraine preparing to seize Odessa, Kharkov, and potentially Kiev. He estimated Ukrainian death tolls have reached 1.8 million and stated that Foreign Minister Lavrov has warned diplomats to evacuate ahead of unprecedented Russian military operations. The most controversial segment came when McGregor accused Israeli Prime Minister Netanyahu of exercising veto authority over Trump administration foreign policy, claiming Trump cannot act independently on Iran because Israeli billionaires who funded his campaign threaten to withdraw support if he defies Netanyahu. McGregor also revealed Trump has sold 17.8 million barrels from the Strategic Petroleum Reserve in recent weeks, potentially exhausting it by summer, and warned inflation could hit 6% triggering financial system collapse. He predicted a 36% global economic contraction worse than the Great Depression, noting America's 125% debt-to-GDP ratio leaves no cushion. The hosts spent considerable time documenting US-backed attacks killing over 100 civilians in single incidents across the Middle East spanning decades, including the 1988 downing of Iranian civilian Flight 655 killing 290 people, arguing Americans are propagandized to view Iran as terrorist while ignoring US-funded massacres. McGregor concluded that only popular uprising triggered by economic collapse could break the cycle, as 90% of US spending comes from 10% of the population in an unsustainable wealth distribution.

Key takeaways

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