Sec. Bessent: Last Wednesday Was the Eight-Week Anniversary of Operation Economic Outcast, and It Has Been Very Successful

RUSH EXCERPT:
BESSENT: "Last Wednesday, was the eight-week anniversary of economic Operation Economic Outcast, and it has been very successful This is, the toughest operation ever to isolate a single economy in the history of the world and we can see both in the data that you, you said the currency’s collapsed It’s collapsed so much that you can be arrested for printing the level of the currency So, you know, I it may be through three million reals we have internal estimates that show that the economy from March to March When the blockade started or the conflict started March to March, the economy may contract by as much as 25% To put that in perspective for the three years after the Iron Curtain came down the Russian economy contracted 22 So in one year it would do what happened in 22 years And, we, we are seeing as you know there are three pillars to the Iranian regime There are the politicians the elected officials, there’s the IRGC, and the Supreme Leader and the religious column And in the summer the elected officials started worrying out loud about the economy Now, publicly and privately the IRGC is very concerned They’re talking about a collapse And it, part of part of my worry is that many of the IRGC members are kind of like rats in a sewer pipe they are afraid for their lives So they’re, they’re going to fight Oh, no, they’re, they’re bunkered down"