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US Treasury Secretary Scott Bessent on the economic ‘D-Day’ against Iran
“Now we are entering the endgame…”
“In 1943, the Allied powers convened the Tehran Conference to plot the course of an uncharted act.
As Roosevelt and Churchill weighed a campaign that would culminate in the Normandy landings, they asked themselves what could be done ‘to bring the greatest pressure to bear on the enemy’.
History has returned that question to Tehran.
And the moment has arrived to answer it with the full weight of American resolve.
President Donald Trump and the overwhelming might of our military have significantly dismantled Iran’s military capabilities and weakened its nuclear programme.
Now we are entering the endgame.
At dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an adversary.
For 47 years, the Islamic republic of Iran has been a malignant force in the world.
Within Iran, a corrupt regime has consigned what would be one of the world’s strongest economies to ruin and its enterprising people to repression.
President Trump has decimated Iran’s economy to a point where the rial has never been weaker and inflation has rarely been higher.
The regime’s final refuge now lies in the self-deception of fearful nations that still believe accommodating aggression can secure a durable peace.”