Pension Funds in Iran on Brink of Collapse Amid US ‘Maximum Pressure’ Campaign

“Trump’s giving the mullahs the full court press and they’re feeling it.”

Source: Fox News

Crippling sanctions imposed by the United States on Iran since President Trump’s withdrawal from the nuclear deal last year have left pension funds throughout the country on the brink of collapse, according to documents reviewed by National Security Council officials and obtained by Fox News.

U.S. officials are pointing to this as evidence of just how punishing the ongoing “maximum pressure” campaign against Iran has been.

“They have fewer resources. We can see it with the Shia militias in Iraq. They’re scrambling for resources. We think the Iranian government will shrink, that their GDP will shrink by as much as 12 or 14 percent this year,” Secretary of State Mike Pompeo said on “Fox News Sunday,” speaking to the economic impact. “This will reduce their capacity to purchase the things they need, the equipment they need, the materials they need, to inflict terror around the world.”

The impact has been so severe that of the 18 existing retirement funds in Iran, 17 are in the red, according to these documents. That includes the pension funds for all of Iran’s armed forces.

“Pissed off, unpaid. retired military types will soon be a problem for the mullahs.”

Pension Funds in Iran on Brink of Collapse

Huck Funn

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