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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (217840)	2/12/2007 1:37:17 AM
From: Dayuhan	Read Replies (1) \| Respond to of 281500

Nope. But like I said, I can't imagine a domestic revolution when oil is $60 per barrel. The revenue stream of the country doubled in the past few years, that's not a recipe for revolution. Actually it is that sort of recipe. Iran has an enormous population bulge in the 15-to-30 bracket. Capital is fleeing as fast as it can go, and the 80% state-owned economy isn't producing new jobs. By some estimates up to 50% of those under 35 are jobless. Clumsy efforts to pump oil money into the economy produced nothing but inflation: it's running 20% plus a year, rents at 30%. What do you do when you have no work, prices are soaring, and your President - who campaigned on promises to fix the economy - is yapping about Zionists and Imperialists. You might just throw a rock. It's worth reading up on the state of Iran's economy. No amount of oil money can compensate for bad enough management. Ask a Nigerian, or a Venezuelan...