“-—another example”-—that’s true. there isn’t. The mideast news agencies have been talking about this for months. Sanctions do explain the shortage of consumer goods simply because the Persians can’t keep their tankers/freighters running and no one else will haul for them for lack of insurance. So the freight can’t get back to mullahland. If that were the only factor the money ratio would not be affected much. It is overspending/ over printing, plain and simple, by the mullahs, that has the value of the Rial diving. They are finding out that their income stream is not big enough to finance all the skullduggery around the world that they have been running. Not to mention their rocket program along with the nuclear enrichment stuff. Their economy simply never was big enough to finance the krapholes they keep shoving money into besides no longer being able to feed themselves due to excessive sister-bangin’ population growth. They had the oil income stream to help them build a modern economy but even oil production has been sliding for lack of field maintenance. As with the other mideast Kingbats they couldn’t stand to do the right thing for the folks——they had it and now you’re watching them lose it. Just too dam bad they have to hurt other people to learn/not learn their lesson.
no longer being able to feed themselves due to excessive sister-bangin’ population growth
LOL!!! That's an instant classic.