Comments on: Significance of the Financial Crisis for Iran http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html A Baha'i blog. Mon, 21 May 2012 23:32:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: UHJ Letter to Baha’is of Iran Naw-Ruz 168 BE | Baha'i Rants http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-82620 UHJ Letter to Baha’is of Iran Naw-Ruz 168 BE | Baha'i Rants Tue, 22 Mar 2011 21:15:06 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-82620 [...] 2008 financial crisis and world recession did sent the oil markets reeling. But they quickly recovered just as Iran is removing significant [...] [...] 2008 financial crisis and world recession did sent the oil markets reeling. But they quickly recovered just as Iran is removing significant [...]

]]> By: Oil Plunge Heightens Tensions in Iran at Baha’i Rants http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-60188 Oil Plunge Heightens Tensions in Iran at Baha’i Rants Sun, 21 Dec 2008 22:26:17 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-60188 [...] their decaying government. But the financial crisis that we are all going through now has profound consequences for Iran and by corollary, the Baha’is living there. A recent article from the Wall Street Journal [...] [...] their decaying government. But the financial crisis that we are all going through now has profound consequences for Iran and by corollary, the Baha’is living there. A recent article from the Wall Street Journal [...]

]]> By: Wahid Azal http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-59663 Wahid Azal Wed, 03 Dec 2008 05:52:20 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-59663 [quote comment=""]Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries.[/quote] Your "if" depends on demand declining to radical levels unprecedented even by the standards of the 1930s. It also depends on countries like the US and Canada being able to cut foreign oil dependence by up to at least 20 percent. Since that is not going to happen, and North America is nowhere near being able to enjoy even modest standards of independence vis-a-vis foreign oil, without or without the GFC, you are still dealing with a regime that can weather the storm - as they did throughout the 1980s. Wahid [quote comment=""]Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries.[/quote]

Your “if” depends on demand declining to radical levels unprecedented even by the standards of the 1930s. It also depends on countries like the US and Canada being able to cut foreign oil dependence by up to at least 20 percent. Since that is not going to happen, and North America is nowhere near being able to enjoy even modest standards of independence vis-a-vis foreign oil, without or without the GFC, you are still dealing with a regime that can weather the storm – as they did throughout the 1980s.

Wahid

]]> By: Wahid Azal http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-80356 Wahid Azal Wed, 03 Dec 2008 05:52:00 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-80356 [quote comment=""]Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries.[/quote] Your "if" depends on demand declining to radical levels unprecedented even by the standards of the 1930s. It also depends on countries like the US and Canada being able to cut foreign oil dependence by up to at least 20 percent. Since that is not going to happen, and North America is nowhere near being able to enjoy even modest standards of independence vis-a-vis foreign oil, without or without the GFC, you are still dealing with a regime that can weather the storm - as they did throughout the 1980s. Wahid [quote comment=""]Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries.[/quote]

Your “if” depends on demand declining to radical levels unprecedented even by the standards of the 1930s. It also depends on countries like the US and Canada being able to cut foreign oil dependence by up to at least 20 percent. Since that is not going to happen, and North America is nowhere near being able to enjoy even modest standards of independence vis-a-vis foreign oil, without or without the GFC, you are still dealing with a regime that can weather the storm – as they did throughout the 1980s.

Wahid

]]> By: Baquia http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-59660 Baquia Wed, 03 Dec 2008 02:45:16 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-59660 Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries. Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries.

]]> By: Baquia http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-80355 Baquia Wed, 03 Dec 2008 02:45:00 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-80355 Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries. Well, if demand declines due to the global financial crisis, and supply is not curtailed, that would imply prices will fall hard. Not sure how that is a good tactic for oil producing countries.

]]> By: Wahid Azal http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-59639 Wahid Azal Tue, 02 Dec 2008 05:48:35 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-59639 [quote comment=""]For some reason, OPEC is <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=auITrgeTXJnU" rel="nofollow">reluctant to cut supply</a>. Perhaps it is because they know that members always cheat, especially when they are in dire straits and need the petro-dollars.[/quote] Perhaps. But in the face of wolves such as the US and its allies it is a good tactic, and one that works most efficiently. Wahid [quote comment=""]For some reason, OPEC is reluctant to cut supply. Perhaps it is because they know that members always cheat, especially when they are in dire straits and need the petro-dollars.[/quote]

Perhaps. But in the face of wolves such as the US and its allies it is a good tactic, and one that works most efficiently.

Wahid

]]> By: Wahid Azal http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-80354 Wahid Azal Tue, 02 Dec 2008 05:48:00 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-80354 [quote comment=""]For some reason, OPEC is <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=auITrgeTXJnU" rel="nofollow">reluctant to cut supply</a>. Perhaps it is because they know that members always cheat, especially when they are in dire straits and need the petro-dollars.[/quote] Perhaps. But in the face of wolves such as the US and its allies it is a good tactic, and one that works most efficiently. Wahid [quote comment=""]For some reason, OPEC is reluctant to cut supply. Perhaps it is because they know that members always cheat, especially when they are in dire straits and need the petro-dollars.[/quote]

Perhaps. But in the face of wolves such as the US and its allies it is a good tactic, and one that works most efficiently.

Wahid

]]> By: Baquia http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html/comment-page-1#comment-59627 Baquia Tue, 02 Dec 2008 00:12:39 +0000 http://bahairants.com/significance-of-the-financial-crisis-for-iran-543.html#comment-59627 For some reason, OPEC is <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=auITrgeTXJnU" rel="nofollow">reluctant to cut supply</a>. Perhaps it is because they know that members always cheat, especially when they are in dire straits and need the petro-dollars. For some reason, OPEC is reluctant to cut supply. Perhaps it is because they know that members always cheat, especially when they are in dire straits and need the petro-dollars.

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