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strikeAug 14, 2026

Paper Tiger: the Failure of America’s Trillion Dollar War Machine | naked capitalism

Summary

Yves here. There are many ways to chronicle the epic shortcomings of America’s ludicrously overpriced military. Haig gave a fine treatment of why we failed in the Iran war and are even more certain to do so were we to be so suicidal as to take on China in his post, The Iran War, China, and the Future of Sea Power.

Source: Yves Smith — Read the full report

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  • Yves SmithBy Yves Smith

    Yves here. There are many ways to chronicle the epic shortcomings of America’s ludicrously overpriced military. Haig gave a fine treatment of why we failed in the Iran war and are even more certain to do so were we to be so suicidal as to take on China in his post, The Iran War, …

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strikeUnverifiedUSIran
○ 1 source

President Trump told reporters on Friday that the U.S. military carried out limited strikes on targets in Iran, including an anti-aircraft device. These actions followed reports of explosions on Qeshm Island, Hengam Island, and the mainland area of Bandar Abbas.

The strikes mark the first U.S. military action since the midterm elections.

Location: Iran