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The brilliantly executed U.S. raids on Iran’s nuclear facilities has changed the narrative in the Mideast on many fronts and for many years. Here are our five major take-aways:
- IRAN WILL NOT BE ALLOWED TO ENRICH URANIUM: Neither Israel nor the U.S. will allow this to happen. As for Donald Trump, he’s not just bluster — he did what he promised to do.
- THE NEXT BIG CRISIS is the Strait of Hormuz. The Iranian legislature voted yesterday to shut it down, but this strikes us as self-defeating for the Iranians. The U.S. has several mine sweepers already in the Persian Gulf.
- Perhaps the most intriguing wild card is the Iranian people — especially young people — who are sick of a weak economy, inflation, and rigid dress codes. Once this crisis dies down, they may rebel.
- If they do, regime change is possible — not right away, but yesterday Trump blurted out, way too prematurely, that regime change is possible.
- This is a fascinating episode for the U.S. political parties. The Democrats want to invoke the War Powers act and hold hearings, while perhaps a third of the MAGA Republicans are grumbling. No question — Trump’s power is even greater.
BOTTOM LINE: This is a stunning victory for Trump, For the Democrats to call for impeachment is ridiculous. Several Mideast countries are secretly happy — Iran has been humiliated.
Related: The Rise of Gold: Now the World’s #2 Reserve Currency
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