Creating a cash cow
Posted by aogSunday, 10 September 2006 at 13:51 TrackBack Ping URL

Via Brothers Judd is this report

“Iran should abandon its plans for nuclear enrichment on its soil,” he [Russian President Validimir Putin] continued. When asked specifically if Russia would support U.S. calls for sanctions, he declined to rule them out.

Obviousy not! The first thing that came to mind upon reading this was “gosh, wouldn’t Russia stand to make a lot of cash by busting sanctions imposed on Iran?”. After all, even I don’t believe that Russian is helping Iran obtain nuclear weapons for some grand geo-political purpose. It’s all about cash flow, regardless of consequences. Slap some internation sanctions on Iran and what happends to Russia?

  • Less oil on the market, raising prices ⇒ more cash for Russian oil
  • Iran might have to ship oil and / or other goods via Russia to sell it ⇒ more cash for Russia via transaction fees
  • Russia violates the sanctions by selling goods with the prices marked up to Iran ⇒ more cash for Russia
  • The mullahocracy becomes even more desperate for Russian technical aid ⇒ more cash for Russia

Putin simply tells the mullahocracy that he had to get in line, but he doesn’t really mean it, as evidenced by the preceeding list of actions Russia will undertake on Iran’s behalf. Russia is effectively operating as a mafia-run state and this seems like something right up their alley.

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