Minister of Economy : We have 100 Billion Dollar foreign reserves while we owe only 20 Billion

Talking with Iranian television on Wednesday 14 November , the minister of economy Shamseddin Hosseini claim that the Islamic Republicis between countries withlowest debts because it have 100 Billion Dollar foreign reserves , while owing only 20 billion !

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3 Responses to “Minister of Economy : We have 100 Billion Dollar foreign reserves while we owe only 20 Billion” Subscribe

  1. khashenful September 12, 2012 at 8:20 am #

    baz in nokhod gozid

  2. Bardiakzadegan September 12, 2012 at 8:58 am #

    Part 2
    In order to pay our debt back, we will be forced to sell our land to the banks, and take mortgage to finance our house! We will then afterwards for generations work like dogs to pay the mortgage, and keep an acceptable living standard.

  3. Bardiakzadegan September 12, 2012 at 9:45 am #

    Part 1

    Ok. With a few words, this is what is going to happen if we loose our Islamic Republic, and get a ruling system submitting to world arrogance, as any other country out there.
    We will easily get loans up to 100% of our 700 Billion USD GDP (10000 USD/Iranian), which will create an euphoria of wealth and we will just buy and buy and feel happy. After a while (few years), an economical crises will be triggered by financial institutes, as they will rate us low and so on

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