Kevin O'Leary predicts economic chaos as interest rates soar

"Shark Tank" investor Kevin O'Leary warns that the US economy will face "real chaos" starting in September due to soaring interest rates. The Federal Reserve's aggressive rate hike campaign has caused mortgage rates to rise above 7%, cooling the red-hot housing market. O'Leary highlights the negative impact on small businesses and criticizes Congress for neglecting them in favor of big corporations. He also predicts that China's shift to a more accommodating economic policy could be detrimental to Big Tech stocks.