If Iran hasn’t hit its economic “death spiral” yet, it’s not for lack of trying – by the US, and especially by Iran’s regime.
The war and the naval blockade have sent Iran’s economy into a collapse, the Wall Street Journal reported a couple of hours ago. Those factors alone have put more than a million people out of work as inflation rages and supplies can no longer meet demand. The IRGC has gone on a spending spree to contain the political damage, but as anyone could predict, that has made the situation even worse. Military dictator Ahmad Vahidi now has to hope he can outlast Donald Trump’s strategic patience … and that it’s not already too late:
Read Full Article: https://hotair.com/ed-morrissey/2026/04/29/death-spiral-irgc-near-tipping-point-n3814414
