Choking Iran's Economy Is the Least Bad Way to End the War
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Trump’s efforts to squeeze Iran economically are his best shot at ending the war. Over the years, I’ve witnessed at first-hand countries going literally broke under US economic pressure: Iraq, Venezuela and Cuba. The scenes I saw in Baghdad, Caracas and Havana were all very similar. The national currency became worthless, inflation skyrocketed and unemployment spiraled higher. And yet, American economic sanctions alone failed to force political change.