Desmond Lachman

THE WRITER, A SENIOR FELLOW AT THE AMERICAN ENTERPRISE INSTITUTE, IS A FORMER DEPUTY DIRECTOR OF THE INTERNATIONAL MONETARY FUND’S POLICY DEVELOPMENT AND REVIEW DEPARTMENT AND A FORMER CHIEF EMERGING-MARKET ECONOMIC STRATEGIST AT SALOMON SMITH BARNEY

The precise magnitude of the shock the US will face as a result of its war of choice in Iran is difficult to predict, given the array of factors at play.

America’s war, America’s recession