At the same time as the US Treasury's declared Iran's powerful Islamic Revolutionary Guards Corps (IRGC) a terrorist organization as part of Trump's crackdown on the Joint Comprehensive Plan of Action, also known as Iran Nuclear Deal, a senior commander in Iran's Quds Force, the elite overseas arm of the IRGC said that his forces have "buried many" like Donald Trump, and the US President's threats against Iran will "damage" America.
"Cage-free" eggs were supposed to be the next big thing in America. Over the past several years everyone from McDonalds to Wal-Mart has promised to convert to cage-free eggs on the premise that millennial consumers would demand at least 144 square inches of space for the layers of their morning omelettes to frolic in freedom. As it turns out, Americans couldn't seem to care less whether chickens have 144 square inches of freedom or the hisotrical 67 square inches...they just want cheap eggs, hold the bullshit.
While Trump's just announced decision to decertify the Iranian nuclear deal, giving Congress 60 days to decide whether to unwind Obama's landmark deal, was widely leaked previously even though few can point to what terms of the agreement Iran has violated, one aspect of Trump's Iran statement was unclear: whether he would designate Iran's Islamic Revolutionary Guard Corp, or IRGC, the elite wing of Iran's army, a terrorist organization - a move which Iran vowed would prompt "decisive , crushing" retaliation.
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
Authored by Raul Ilargi Meijer via The Automatic Earth blog,
For those of you who don’t know Andy Xie, he’s an MIT-educated former IMF economist and was once Morgan Stanley’s chief Asia-Pacific economist. Xie is known for a bearish view of China, and not Beijing’s favorite person. He’s now an ‘independent’ economist based in Shanghai. He gained respect for multiple bubble predictions, including the 1997 Asian crisis and the 2008 US subprime crisis.