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4-Oct-12 World View -- Turkey and Iran exchange fire across their border


Iran's currency crash brings riots and government crisis

** 4-Oct-12 World View -- Turkey and Iran exchange fire across their border
** http://www.generationaldynamics.com/cgi ... 04#e121004




Contents:
Turkish army returns fire after Syrian shells kill five in Turkey
Iran's currency crash brings riots and government crisis


Keys:
Generational Dynamics, Turkey, Syria, Recep Tayyip Erdogan,
Iran, rial currency, Mahmoud Ahmadinejad, Summer of Love,
Ayatollah Seyed Ali Khamenei

Headline should have said Syria, not Iran, as was clear from the contents.

Shelling the positions firing into Turkey is attacking the Syrian army, no matter how Erdogan wants to soft pedal it. Assad may be hoping that a war will turn off the insurrection. Seems doubtful to me.

After last night, I figure that the Israel/Iran conflict will be put off until after the election, as the Israelis feel they can trust Romney more than Obama, or, possibly, even until after the Inauguration, unless, of course, the conflict is initiated by the Iranians, or Obama.

The Iranians are up to their waist in alligators; as stated: their currency the rail, has lost 40% of it's value in the last few days, and 80% of it's value since 2011, and they are experiencing civil discord - riots - over the currency's decline; dollar hoarding and profligate spending is taking place to get rid of rails; both actions are common with a currency caught in a death spiral: http://www.goldonomic.com/When%20Money%20Dies.pdf. While this might be good news and lead to the demise of the mullahs, it might, conversely, be an incentive to the current regime to preemptively initiate external conflict with Israel in an attempt to redirect internal hostility toward an external enemy.

It must be acknowledged that the Iranians have, at the very least, entertained the possibility of a preemptive strike on Israel, as the Deputy Chief of the Republican Guards - the head of the Iranian Air Force - so stated a couple of weeks ago.

The Iranians are in great difficulty, as the death of a nations currency is usually quickly followed by the death knell for the ruling regime. The question is whether an external strike on Israel might be considered to be sufficient to distract the Iranian people from watching the spectacle of seeing their life's saving go to zero directly before their very eyes - unfortunately the death of a currency doesn't occur linearly. All of the focus and attention is always on the rather spectacular panic, and chaos of: "the last five minuets", but the genesis of a dying currency always takes place long before, in this case, the rial will breath its last. I would invoke all to pay close attention, for unless we change our course, our time too will come, perhaps sooner, rather than later.