Replies to post #1250 on T/A ETF AND INDEX

[shortterm]

OT - Iran

My point is that in the current climate the politicians in Iran are free to ignore the economic results of turning the oil tap off. The West would be hit worse. In fact, given the geopolitical tensions, maybe all they need to do is to make the threat more explicit and the speculators will do Iran's job for it.

Btw. according to CIA World Fact book, they have $40 billion in forex so although the "numbers" measuring their economy would suffer, it is not clear how much the average citizen would be affected. The government is not exactly addressing social and economic problems now either.

https://www.cia.gov/cia/publications/factbook/geos/ir.html