Source: Paul Krugman
by Paul Krugman
“So the world’s greatest military power went to war with a poor, medievalist theocracy. It was an incredibly uneven match. … Yet Iran won. The Iranian regime has emerged far stronger than it was before, controlling the Strait of Hormuz and having demonstrated its ability to inflict damage on both its neighbors and the world economy. The U.S. has emerged far weaker, having demonstrated the limitations of its military technology, its strategic ineptitude and, when push comes to shove, its cowardice. We’ve also destroyed our moral credibility …” (04/08/26)