Is the Iranian Economy Near Collapse?

Its the Economy STUPID. With all of his posturing, Iranian president Mahmoud Ahmadinejad is only 11 months away from an election. He was elected based on a promise to deliver the benefits of all the oil revenue to the "common folk." There is only one problem, he hasn't followed through on that promise, in fact the economy is in very bad shape.As Ahmadinejad increases subsidies and spending, inflation has become Iran's chief domestic issue. While the government acknowledges an inflation rate... Share it

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