By Micah Halpern
Saturday October 11, 2008
I just saw a Saudi report declaring that Iran's economy was on the verge of collapse.
There is little doubt that Iran's economy is in bad shape.
Saudi Arabia is watching Iran very closely. Nothing would please Saudi Arabia more than to see the demise of the Iranian religious theocratic state. But Saudi Arabia can do nothing to hasten Iran's demise. The Saudis cannot stimulate a war with Iran.
All eyes are on Iran economically.
Look for the Iranian economy to soon move from very high inflation to a position of hyper-inflation.
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