In what is likely a long overdue move, Iran has finally decided to give Europe a harsh lesson in game theory. Instead of letting Euro-area politicians score brownie points at its expense by threatening to halt imports and cut off the Iranian economy, the Iranian government will instead propose a bill calling for an immediate halt to oil deliveries to Europe. The move, with most reports citing the Iranian news agency Mehr, has come about in response to the EU agreement to impose sanctions against Iran, which were announced earlier this week. And why not? After all if Europe is indeed serious, sooner or later Iran will be cut off but in the meantime experience significant policy uncertainty, which is precisely what the flipflops on the ground need. The one thing that Europe, however is forgetting, is that all that whopping 0.8 Mb/d in imports will simply find a new buyer.Quickly.
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2 comments:
The movie entitled "The Mouse That Roared" reminds me of Iran.This tiny country,smaller than Wicomico County had a hydrogen bomb.That made them a viable threat.Without even the benefit of an actual working bomb,Iran has the whole world at bay.Good grief,we could take em in an afternoon.
Iran:
The 18th largest country in the world in terms of area at 1,648,195 km2 (636,372 sq mi), Iran has a population of around 78 million
Wicomico County Maryland:
According to the 2000 census, the county has a total area of 399.79 square miles (1,035.5 km2), of which 377.17 square miles (976.9 km2) (or 94.34%) is land and 22.62 square miles (58.6 km2) (or 5.66%) is water.[3]
As of the census of 2010, there were 98,733 people, 37,220 households, and 24,172 families residing in the county.
Guess again Mr. Bring it on Bush wannabe lol.
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