Tuesday, April 25, 2006

Iranian money is scared of Mahmoud too

With all the insane actions and even more insane rhetoric from Iran lately, it's easy to forget that the country is subject to the same principles of economics as everyone else. Once you remember, it's not such a surprise to find there is some very shaky economic news coming out of the friendly Islamic Republic.

What does this really mean? I have no idea. Iran has plenty of dough from oil, and more support from the international community than one would hope, so the news reflected here probably doesn't mean much, if anything, in the short term. However, at some point, you would think that Iran will need some political and economic stability.

Unless, of course, God really is on their side. In which case He will provide.

No comments: