Tuesday, 9 October 2012

The rial-ity of Persia-stroika | FT Alphaville

Hyperinflation or not. Immediate collapse of the regime or not. This situation is scary if what is coming out of Iran is accurate.

This is from the FT’s Najmeh Bozorgmehr in Iran:

“Chi mikhad beshe?” – what is going to happen? – is the most common question Iranians ask each other. It is asked in taxis, grocery stores, hairdressers and in the queues to buy bread. No one, however, seems to know the answer.


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