Posted on 03/02/2021 4:19:54 AM PST by MtnClimber
Biden's lifting the sanctions on Iran will not lift the Iranian people out of poverty. It's corruption, not sanctions, that keeps them down.
Even if all international sanctions and any other economic barriers are lifted and Iran can export the 2.3 million barrels per day outlined in its 2021 budget, it will still have economic challenges. That’s because the mullahs have let all production other than oil waste away. Iran’s economic problems are internal and structural, resulting from institutionalized corruption and bribery that have destroyed the country from within.
Iranian officials blame international sanctions for Iran’s economic problems and the collapse of its medical infrastructure in these difficult COVID-19 times. The regime wants to make people believe that overcoming the problems will be easier if the sanctions are lifted. This won’t happen because Iran has no industries. If it's not oil, the mullahs aren't interested.
Sanctions work only when they negatively impact domestic production capacity. From 2012 onward, Iran’s production capacity deteriorated, making it dependent on imports long before sanctions were put into place. For instance, imports rose from $16 billion in 2006 to $90 billion in 2012. Iran’s domestic production could not compete.
The Islamic Revolutionary Guard Corps and the institutions affiliated with the Supreme Leader control more than half of Iran’s economy, along with the country’s imports and its ports and bases. They siphon enormous profits from these imports. Therefore, the IRGC continues to destroy the production sources in agriculture or industry by importing goods with cheap currency from China.
(Excerpt) Read more at americanthinker.com ...
The left will always side with autocrats and tyrants because they are fellow travelers. When the left talks about human rights it seems it is only to pander to a group that they are playing against another group that they consider enemies.
Does anyone think that is the goal? I think the idea is to funnel a lot of money to the Iranian Oligarchy. And 10% to the Big Guy.
Corruption and plunder. Sounds like DC.
sounds alot like here
I believe Iran’s oil reserves are piddling in comparison to other OPEC countries and this was true long before the embassy siege and kidnapping.
It’s where they got the idea Obama sent them all that gold and cash see how easy it is.
The governments ALWAYS take the money and make their people starve, etc.!
Yep, you are right!
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