US-only financial sanctions carry enough weight by themselves. Half the world’s capital flows through American banks; next to nothing through Iran’s. Tell a German banker — or a Chinese one — that he can do business with only one of the two nations, and he doesn’t really have much choice at all.
Maybe so, but in a bid to build his legacy, Obama has sabotaged the sanctions--permanently.
Or, as songstress Carole King, puts it...
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