General Tech
Iran is going after America's debt it's targeting the $40T America owes
Iran is reportedly seeking to collect on the $40 trillion debt that the United States owes it, stemming from a 1979 agreement in which the US froze Iranian assets and then refused to return them. The debt, which has been estimated to be worth over $40 trillion, was accumulated after the Iranian Revolution in 1979 when the US froze Iranian assets worth around $40 billion. This decision was followed by the US refusing to return the assets, which led to the accumulation of interest over the years. Iran has been seeking compensation for the frozen assets through various means, including international courts and diplomatic channels.
Read the full article at jaymartin.substack.com →