Things happen when you least expect it. How about the dissolution of Iran? We know their currency is worthless. It’s now 2.5 million per dollar. This, according to the retired lieutenant general, Keith Kellogg, suggests a disaster on a par with the hyperinflation of Germany’s Weimar Republic in the 1920s. It foretells economic collapse.
Treasury Secretary Scott Bessent basically is saying that Iran is going to run out of cash in two weeks. Communist China, Mr. Bessent says, “has substantially reduced any assistance to Iran. I am confident, given that, there’s only 15 million more barrels of Iranian oil on the water, that Iran will have nothing left to trade...
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