Saturday, May 24, 2014

Scorecard of the American-Iranian financial war

"Rickards concludes, "Iran had fought the United States to a standstill in its financial war, despite enormous disruption to the Iranian economy. The U.S.-Iranian financial war of 2012–13 illustrates how nations that could not stand up to the United States militarily could prove a tough match when the battlefield is financial or electronic." "Sanctions only made them more defiant," he tells the Los Angeles Times." "Back then, Iran had only 164 nuclear centrifuges; by 2013, it had 19,000."  Does that mean that the Iranian economy is not in "shambles"?