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  1. #1
    ecce digitus
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    Battles surge in Tehran as currency collapses

    So finally the Iranian economy is sputtering to a virtual halt.

    I am amazed though, that their oil exports have fallen so low. I would have thought that China and Russia would still having been propping up Iran in the realpolitick world.

    http://www.thestar.com/news/world/ar...-currency-fall

    Police threatened merchants who closed their shops in Tehran’s main bazaar and launched crackdowns on sidewalk money changers on Wednesday as part of a push to halt the plunge of Iran’s currency, which has shed more than a third its value in less than a week.

    The measures underscore the serious concern by officials facing one of the most potentially destabilizing scenarios, which has been partly blamed on the fallout from Western sanctions over Tehran’s nuclear program.
    So is this the end, the end of the beginning or the beginning of the end for Amadinejad and the nuclear program for Iran?
    Last edited by rareboy; October 4th, 2012 at 05:32 AM.

  2. #2
    JUB Addict racer2438's Avatar
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    Re: Battles surge in Tehran as currency collapses

    Lets hope it's the end for both of them..
    You cant change the way the wind blow's, but you can change the angle of your sail to take you somewhere else!!

  3. #3

    Re: Battles surge in Tehran as currency collapses

    The collapse of the Iran government would be one possible development with the potential to help Obama. Not many good possibilities are predictable.

  4. #4
    GiancarloC
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    Re: Battles surge in Tehran as currency collapses

    I think the Russians and Chinese are getting nervous because of the amount of internal strife in the country. Russia has to deal with Dagestan and other provinces which have oil itself and civil unrest... and China has internal issues themselves. They may be too distracted to help Iran. The regime in Tehran is experiencing the first sign of cracks... Iran is also experiencing significant capital flight because of their arbitrary policies in increasing the money supply.

  5. #5
    Bammer's Papa
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    Re: Battles surge in Tehran as currency collapses

    I think it's a necessary but not sufficient condition for the fall of the ayatollahs.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

    --Jonathan Rauch, Salon Magazine, March 13, 2000

    *the number is now forty

  6. #6
    Quality posting since 2K7 Nishin's Avatar
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    Re: Battles surge in Tehran as currency collapses

    "Battles surge in Tehran"... do you have a link to the article mentioning this ?

  7. #7
    ecce digitus
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    Re: Battles surge in Tehran as currency collapses


  8. #8
    Bammer's Papa
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    Re: Battles surge in Tehran as currency collapses

    It's a serious plunge in currency to prompt shop owners to close up.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

    --Jonathan Rauch, Salon Magazine, March 13, 2000

    *the number is now forty

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