Very interesting story from the International Herald Tribune by a writer called Thomas L. Friedman about nations addicted to selling oil. He believes the Soviet Union fell, not so much from the efforts of Reagan (ray-gun) et al but, because the Soviets had relied on high oil prices to keep various demanding sections of their populace at bay. When oil prices fell so did the Soviet empire because, they couldn’t afford their war in Afganistan or maintain subsidies at home.
Friedman sees Iran heading towards the same sort of problems. Heavily dependant on oil sales it has enjoyed high recent oil prices and has been able to fund its activities in Lebanon, Gaza & Iraq, while subsidising commodity prices at home. Iran’s President Ahmadinejad is becoming increasingly unpopular at home because he’s spending too much time bashing the United States and not enough time reforming his nation’s stagnant economy. Oh dear.
Here’s the coup. Divert your economy to alternative energies and drop the terrorist states in it at the same time. Simple really. 🙂