By: Reza Kahlili

Commander of Iran’s Basij Forces Brigadier General Mohammad-Reza Naqdi says capitalism is on its death bed and will soon experience complete demise.

According to Press TV, the mouthpiece of the Islamic regime in Iran, The Iranian official said that the reason the global arrogance is experiencing its decline is that “it revolted against its fundamental values and it is only natural that under these circumstances it will have no fate but extinction.”

He added that while economic and financial gain which are the core of liberalist values, for the past three years the US and other European countries have not been able to do anything about their negative economic growth.

“The US President [Barrack Obama] has lost face to the extent that he is forced to covertly travel to various places for fear of public protests,” the Iranian commander added.

“All the tools used by the arrogant to suppress nations are being used against it (the global arrogance) today… to the point that it has been forced to block social networking … website,” Naqdi concluded.

Naghdi, who was born in Iraq, was a member of the Iranian Quds Force involved in international terrorism before he was appointed by Ayatollah Khamenei to the post of commander of the Basij in 2009. He has previously threatened to assassinate American generals in retaliation for the killings of the Iranian nuclear scientists.