Ahmeddinjad is an economic genius
The Iranian stock market has been in a downward spiral ever since A.J. took over the reins of the Iranian presidency because, well, he is crazy, and the fact that he called it gambeling , which Islam forbids. The effect of his words and actions created an unprecetended effect on the market. Nervous investors have been transferring their capital to other countries, and Dubai has benefited palpably from the flight of capital from Iran. The Tehran Stock Exchange has lost 20 percent of its value in the past four months.“At the moment there are no buyers in this market, only sellers”, the newspaper Ruznet wrote. “Economists believe the situation is becoming more difficult to handle day by day”. So what's our boy's soloution to all of this? A quite ingenius one actually: Hang people! Iran’s hard-line President Mahmoud Ahmadinejad told the latest cabinet meeting in the Iranian capital that “if we were permitted to hang two or three persons, the problems with the stock exchange would be solved for ever”, according to a Tehran-based newspaper. Ahmadinejad was addressing a cabinet meeting held to discuss the rapidly deteriorating situation at the Tehran Stock Exchange, the daily Ruznet reported on Sunday. Ministers and experts disagreed with all the different views and proposals raised at the meeting, which came to an end without any concrete results. Tempers flew high and participants shouted at each other during the discussion, according to the daily. Frustrated with the inability of his economic advisers and experts to come up with any solution, Ahmadinejad told them that the only way out of the current stock exchange and financial market problems was to “frighten” speculators by hanging two or three of them. Fantastic.