The Last Days of the Iranian Regime

Iran’s regime lost the war the moment American force and economic pressure exposed its bluff; what remains is the slow collapse of a terror state running out of money, options, and time.Some nearly stochastic notes on Iran. I begin by singing the same song I have been crooning since President Trump announced the ceasefire and naval blockade in mid-April. The war is over. If this were a novel, we’d be in epilogue territory where we tie up some loose threads in the plot and learn about the fates of various characters.First, let’s talk about money, or rather Iran’s lack thereof....