Live from Madrid (Sept 28, 2026) | Yaron Brook Show(Season 12, Episode 155)Watch now: https://youtube.com/live/sLrPRT7SZaAIf markets are pricing in "no adults in the room" on U.S. debt, mortgage rates are back above 7%, and Iran just got its president a seat at the UN mid-war — does anyone in Washington actually have a plan, or is everyone just improvising in public?Yaron Brook finally makes it to a webcam after a week bouncing between Tbilisi, Florence, and Madrid — and he's not easing back in gently. He opens with the story most people are ignoring: 10-year Treasury yields above 5.2%, 30-year above 5.5%, mortgages back over 7%, and a bond market that's stopped pretending anyone in Washington has a debt plan. Then he tears into Iran's latest fake offer to reopen the Strait of Hormuz, calls out Trump's red-carpet groveling to Xi, and makes the case that NVIDIA and a scrappy biotech startup — not government regulation — are the real answer to AI risk. Starship reached orbit. A Hamas operative got asylum in the UK. And somehow Netanyahu, for all his faults, still looks like the last adult in a room full of European politicians who'd rather cave than govern.Then the audience takes over: CPAs, career advice, zoning fights in your own backyard, whether men are really being "feminized," and why one European capital's mayor just switched parties. Unfiltered capitalism, individualism, and foreign policy — live, from a hotel room in Spain.Main Topics:00:00 — Live from Madrid: why there was no show for a week (Tbilisi, Florence, and Georgian hospitality)09:11 — The real story: 10-year yields above 5.2%, mortgages over 7%, and no adults in the room on U.S. debt14:55 — Why "deregulation + AI will save us" is a bipartisan fantasy36:12 — Iran's fake Hormuz reopening offer — and why oil above $100 tells the real story41:01 — A Hamas bodyguard was granted UK asylum, and Britain barely blinked58:36 — NVIDIA's OpenShell/Sentry and Red Queen Bio: AI is the answer to AI risk — and Starship reaches orbit1:44:16 — Why Netanyahu, for all his flaws, is still a giant next to Europe's leadersAudience Questions:1:07:24 — "How do I actually vet and trust a CPA before handing them my finances?"1:18:18 — Should your neighbor get to tear down a house and build multi-family housing next door?1:40:23 — Poland's mayor just became a Democrat — good sign or empty gesture?1:42:07 — Are men really being "feminized" in modern society — or is that the wrong word entirely?1:46:34 — Will Europe's tariff wars hand the next elections to the left?#InterestRates #IranNuclear #AIRegulation #Netanyahu #SpaceX #FreeSpeech #FirstAmendment #MarkZuckerberg #TrumpNews #FreeMarkets #Capitalism #Objectivism #AynRand #Anarchism #EconomicsExplainedLike this episode?Subscribe, share it with friends, and become a Patreon supporter to access monthly AMAs, exclusive content, and commercial-free audio.The Yaron Brook Show is Sponsored by[The Ayn Rand Institute](https://www.aynrand.org/starthere)[Energy Talking Points, featuring AlexAI, by Alex Epstein](https://alexepstein.substack.com/)[Express VPN](https://www.expressvpn.com/yaron)[Hendershott Wealth Management](https://www.youtube.com/watch?v=X4lfC...) &(https://hendershottwealth.com/ybs/)[Michael Williams & The Defenders of Capitalism Project](https://www.DefendersOfCapitalism.com)[Support the Show]( / yaronbrookshow )[Sponsor the Show](askyaron@yaronbrookshow.com/)[One-time donation](https://bit.ly/2RZOyJJ)Join the [Yaron Brook Show YouTube channel]( / @yaronbrook )Like what you hear? Like, share, and subscribe to stay updated on new videos and help promote the [Yaron Brook Show](https://bit.ly/3ztPxTx)Continue the discussion by following Yaron on [Twitter](https://bit.ly/3iMGl6z) and [Facebook](https://bit.ly/3vvWDDC )Want to learn more about Ayn Rand and Objectivism? 🎓 Learn more about [Ayn Rand University](https://bit.ly/35qoEC3)Become a supporter of this podcast: https://www.spreaker.com/podcast/yaron-brook-show--3276901/support.Yaron is the executive chairman of the Ayn Rand Institute and a world class speaker. He is the coauthor of the national best-seller Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government, Equal is Unfair: America's Misguided Fight Against Income Inequality and In Pursuit of Wealth: The Moral Case for Finance. He speaks around the world on a variety of topics including the morality of capitalism, Ayn Rand and her philosophy, finance and economics, and the value of inequality.
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