Wednesday, February 14, 2007

Iran's Achille's Heel

MEMRI reports that Iran's economy, largely based on oil revenues and grossly distorted by massive pseudo-government ownership by cleric-run bonyads, is extremely precarious. As Ahmedniajad has sought to further export the revolution through violence and chaos, he has been buyoed by high oil prices. But Iran's penchant for violence has finally drawn a response from Saudi Arabia who are now looking to attack Iran's economy by forcing the price of oil downwards. This, more then anything the west will do short of a military action by the U.S. and Israel, is probably the single most effective thing that can be done to manage the existential threat that is Iran today.

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