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To: GiovannaNicoletta

I don’t buy it.


4 posted on 10/06/2012 3:47:38 PM PDT by Mamzelle
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To: Mamzelle
I don’t buy it.

Smart!

This is one of the most contrarian articles I've read on this usually-contrarian website.

Prices are reportedly rising at some 70% a month in Iran. The poor may, indeed, be insulated from the drop in the rial's foreign exchange value, but that can't last. Iran has to import a lot of its consumer goods.

You can only survive on figs and unrefined oil for so long.

70% ... a month! Riots soon.

6 posted on 10/06/2012 3:52:29 PM PDT by BfloGuy (Teach a man to fish and you lose a Democratic voter.)
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To: Mamzelle

The article is probably correct. However, once you’ve destroyed the middle class, you will also have destroyed the productivity class as well.

You can’t feed a lot of poor people, when you have low productivity to create the wealth.


7 posted on 10/06/2012 3:53:22 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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