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Iran's Economy
By Micah Halpern

Saturday October 11, 2008

I'm Predicting:

I just saw a Saudi report declaring that Iran's economy was on the verge of collapse.
If it's true, it's important.

There is little doubt that Iran's economy is in bad shape.
Iran is suffering from very high inflation.
Iran does not make market decisions, Iran makes religious decisions.

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.
The only people not paying attention to the Iranian economy are the Iranians.
Iran imports their gas because they cannot refine their oil.
Iran subsidizes their gas to keep it plentiful and easily accessible.
These two examples alone are enough to show just how bizarre Iranian economic planning is.

Look for the Iranian economy to soon move from very high inflation to a position of hyper-inflation.

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11 April 2016 07:19 AM in Predictions


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