Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on August 7, 2018
Iran CIVIL WAR brewing: Fury at ‘corrupt’ regime – ‘they make us poorer every day’
With prices spiralling and President Hassan Rouhani at loggerheads with US opposite number Donald Trump, things got even worse this week with the reimposition of tough economic sanctions aimed at further undermining the Islamic fundamentalist republic.
Measures which target cars, gold and other metals trading, as well as the government’s ability to buy US dollars, came into force today.
The US has acted after Mr Trump pulled out of the JPCA nuclear agreement earlier this year, the deal which eased sanctions against Iran in exchange for no longer embarking on nuclear weapons development.
The Iranian rial has lost half of its value against the US dollar on the unofficial market this year, while the price of fruit and vegetables has increased by 50 percent since the start of the year.
Shops were closed during a recent strike in Iran (Image: GETTY)
God damn this regime and its corrupt rulers
In the current economic climate, low-income families are struggling to put food on the table. One woman, speaking to the Financial Times as she paid over the odds for a lettuce and a cabbage, said: “God damn this regime and its corrupt rulers.
“They have sent their children to the US and Canada while making us poorer every day.”
Recent months have been marked with protests across Iran on issues ranging from water shortages to joblessness, and the Trump administration is partly motivated by a desire to trigger a popular uprising and consequent regime change – something implied by US Secretary of State Mike Pompeo in a speech delivered last month in which he characterised the country’s rulers as a “mafia”.
The commander of Iran’s Revolutionary Guards Major General Mohammad Ali Jafari has acknowledged the gravity of the situation, declaring that “domestic weaknesses and threats are more serious” than the foreign military threat posed by the US or other countries.
US President Donald Trump has made no secret of his contempt for Iran’s leaders (Image: GETTY)
The rank-and-file are infuriated by allegations of corruption, while reformist and hardline politicians routinely accuse each other of fraud and mismanagement.
Ali, 61, a former member of the Revolutionary Guards in the city of Amol, said: “Corruption is so high that it has penetrated everywhere.
“Why should we struggle with daily issues and risk our lives to fill the pockets of corrupt people?”
In anticipation of the sanctions, wealthier Iranians have been stockpiling basic commodities and buying up gold and cars in an bid to protect the value of their savings.
Another shopkeeper said: “Before, people who could not afford to eat meat were at least having bread and yoghurt.
“But now even yoghurt is becoming unaffordable for some families.”
Experts have warned Mr Trump’s sanction mean a price of a barrel of oil could rocket to $90.
Morgan Stanley estimates Iranian production will drop to 2.7 million barrels a day by the fourth quarter, with more than a million barrels taken offline.
67 Comments on "Iran CIVIL WAR brewing: Fury at ‘corrupt’ regime – ‘they make us poorer every day’"
Boat on Wed, 8th Aug 2018 11:31 am
JuanP
The cost of FF along with Climate change will raise shipping/trade costs. Distributed energy along with robotics and AI will allow for much easier distributed product production.
So yes trade will be more regional only because it will be more practical.
GregT on Wed, 8th Aug 2018 11:51 am
I am not anti-American Davy. I am, however, critical of the extremely dangerous actions of the U.S. ‘leadership’, which you yourself said above was “so important”.
GregT on Wed, 8th Aug 2018 12:05 pm
“Distributed energy along with robotics and AI will allow for much easier distributed product production.”
And who do you believe will buy those products Boat? The robots? Or do you believe that the ‘bread’ will simply be handed out to you for free, while you continue to watch the ‘circus’ on your big screen TV?
JuanP on Wed, 8th Aug 2018 12:07 pm
Delusional Davy “China is likely to be the first of the major power to implode from a combination of multiple destabilizing factors including overpopulation, environmental degradation, water scarcity, and food insecurity”
You have been saying that China is about to collapse for more than five years. In the meantime, the Chinese economy keeps growing and growing. It is true that China suffers from all the problems you mentioned, but so do many parts of the world. At least they have a functioning government that works to improve life for its population, which is more than we can say about the USA, and most of the world, too, particularly the West, with some pointed exceptions like the Dutch.
Cloggie on Wed, 8th Aug 2018 2:21 pm
George Friedman explaining why Japan, Turkey and Japan are going to be among the next top dogs:
https://www.youtube.com/watch?v=QeLu_yyz3tc
That was two years before the Trump coup.lol
Boat on Wed, 8th Aug 2018 2:22 pm
Greggiet
I will buy those products. Americans buy a lot of products. In fact the world is frieking out because Trump wants even trade balances. If a robot can make a product better and cheaper than some foreign worker, a win win.
Sissyfuss on Wed, 8th Aug 2018 3:00 pm
Clogforia, tell George that Japan, both of them, are sucking ass breath. They are the modern Shakers, a sect that prohibited breeding. Anti immigration, an aging population, and an androgynous youth that is the most virtual raised phylum of species homo sapien. The Nipponese should hope that China takes them over rather than Taiwan.
Sissyfuss on Wed, 8th Aug 2018 3:03 pm
Botacious, that would be win for the robots corporation and win for the maintenance man. Most of the rest lose.
GregT on Wed, 8th Aug 2018 3:24 pm
Boat,
‘I will buy those products. Americans buy a lot of products.”
Without healthy functioning economies of scale…..err, never mind.
“In fact the world is frieking out because Trump wants even trade balances.”
The US is freaking out about Trump’s trade tariffs Boat.
Some of America’s top CEOs are freaked out about Trump’s tariffs
Of the CEOs that responded to the trade-related questions in the survey, an overwhelming number said the tariffs represented a danger to the economy:
95% said “foreign trade retaliation leading to lower US exports” is a moderate or serious risk to the US economy.
91% said “higher costs of imports for U.S. consumers” is a risk.
90% said “higher input costs for U.S. businesses” was a risk.
89% said “”lower U.S. economic growth” was a risk.
https://www.businessinsider.com/trump-tariffs-trade-fight-ceos-worry-economy-2018-6
Davy on Wed, 8th Aug 2018 3:27 pm
BS, bony Juan, I have been saying the global world is in a collapse process. You virulent extremist anti-Americans on he other hand paint a picture of the US alone collapsing.
Davy on Wed, 8th Aug 2018 3:30 pm
Greggie, you live and breath anti-Americanism. From the time you get up in the morning until you go to sleep you feel the need to bash Americans. What better place than here with so many other extremist. Try getting a handle on you emotions and embrace balance and objectivity. Enough is enough with the dirtying of this board by extremist emotions.
GregT on Wed, 8th Aug 2018 3:56 pm
Davy said:
“What the leadership in the US is doing currently is extremely dangerous and why being critical of this activity is so important.”
I completely agree with your above anti-Americanism Davy, if that is what you choose to call it. I don’t. I would call that patriotism.
Cloggie on Wed, 8th Aug 2018 4:01 pm
Clogforia, tell George that Japan, both of them, are sucking ass breath. They are the modern Shakers, a sect that prohibited breeding. Anti immigration, an aging population, and an androgynous youth that is the most virtual raised phylum of species homo sapien. The Nipponese should hope that China takes them over rather than Taiwan.
He wouldn’t take it from a goy like me, right millimind?
Cloggie on Wed, 8th Aug 2018 4:09 pm
https://www.youtube.com/watch?v=QeLu_yyz3tc
After 17:00 the Friedman bumpkin brags about how “responsible Americans and Soviets were regarding the non-use of nuclear weapons” (mere rational mortals would point at MAD), while suggesting that in 1914 and 1939 the Europeans no doubt would have used them, implicitly accusing them of a crime they didn’t commit, a sort of 2015-Nuremberg.
An unbelievable statement if you realize that the Americans destroyed two defenseless Japanese cities in 1945 with nuclear weapons for no military reason whatsoever, but to intimidate the Soviets.
The hypocrisy is breathtaking.
GregT on Wed, 8th Aug 2018 4:20 pm
“You virulent extremist anti-Americans on he other hand paint a picture of the US alone collapsing.”
Now that’s just plain silly Davy. There are eleven other countries in the world with higher debt to GDP ratios than the U.S.
https://www.statista.com/statistics/268177/countries-with-the-highest-public-debt/
Antius on Wed, 8th Aug 2018 5:06 pm
Japan, along with Germany, remains a high-tech manufacturing economy. The Chinese are right now trying their hardest to emulate them. In many areas of technology, they have consistently led the world. In high tech, miniaturized electronics for example, they are the undisputed leader. Their space programme is a long way ahead of China’s and in terms of missions successfully completed, they can punch at equal weight with both Europe and the US despite being one third the size of either.
I would not count them out entirely. But in light of their demographic problems and lack of domestic resources; it is difficult to imagine them dominating Asia. They are too small.
For those interested in the importance of manufacturing industry to the wealth of nations, I would recommend reading Eamonn Fingleton’s ‘In Praise of Hard Industries: Why Manufacturing, Not the Information Economy, Is the Key to Future Prosperity’. High tech manufacturing, protected by research and development and expertise that are very difficult for rivals to emulate; explain why Germany dominates Europe in terms of per capita wealth; whereas service economies like Britain have lower per capita wealth and poorer wealth distribution.
Cloggie on Thu, 9th Aug 2018 12:22 am
“I would not count them out entirely. But in light of their demographic problems and lack of domestic resources; it is difficult to imagine them dominating Asia. They are too small.”
They did in the thirties, until they came in the crosshairs of the US, when the latter realized it could use Japan to get into the desired war against Germany, one week after Japan joined the Axis. All the US needed to do was to impose a 100% oil boycott against Japan and anticipate what Japan would do in order to escape total strangulation: get the oil from the Dutch East Indies and dealing a preventive blow against Pearl Harbor. This was Roosevelts master stroke, with which he could overcome resistance from the American public against waging war in Europe and now he could carry out the 1933 plan to destroy and colonize Europe, together with his Soviet palls and afterwards invent German war guilt and a holohoax to create the moral justification behind the fact.
In 1985 you had “Peak Japan” with this “5th generation computer” scare, that MITI and Japan would dominate global tech and economy, but nothing of the sort happened.
Now we are seeing that all major civilizations of the North are experiencing demographic collapse, of those people exclusively able to carry industrial civilization: white America, Europe, Japan, and to a lesser extent China, Russia. The inevitable result?
#PlanetOfTheApes
https://www.youtube.com/watch?v=3KAzTjlZV00
Perhaps we should greet partial industrial collapse and free human resources to set up armies to defend ourselves against the third world, while new poverty would lessen our attractiveness.