Iran warns US of tougher economic conditions over next two years

TEHRAN, Sept. 25 (YPA) – Iranian Parliament Speaker Mohammad Baqer Ghalibaf has mocked the United States administration over soaring Treasury yields and mounting financial turbulence, warning that the US would face more difficult economic conditions over the next two years.

“Happy 5.1% 10Y America. Mashallah. Celebrate: it’s the floor two years out,” Ghalibaf wrote in a post on X on Thursday.

He went on to draw a comparison with the economic conditions of the 1970s, linking higher interest rates with fuel prices and diesel shortages.

“You wanted Iran dragged back to 1970s? Nobody told you Iran isn’t for arrogant amateurs?” he asked.

He further wrote, “We’ll return you to 1970s rates, plus high gas prices, diesel shortages and bell-bottoms. Enjoy the nostalgia!.”

@E.Y.M