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Syria-Lebanon-Iran
Post-WWII economic theories obsolete: Mottaki
2010-01-21
[Iran Press TV Latest] Iran's Foreign Minister Manouchehr Mottaki says adopting regional approaches can ensure sustainable security and stability in the Caucasus region.

In a Wednesday meeting with former Armenian president Robert Kocharian in Tehran, Mottaki highlighted the age-old relations between Iran and Armenia and stressed the importance of maintaining calm in the Caucasus.

"The stability and security of the Caucasus must be strengthened with regional approaches."

"The interests of regional countries are served by strategic approaches that resolve regional woes and crises in the Caucasus region and guarantee sustainable security there," Mottaki was quoted as saying.

The senior Iranian diplomat added that faulty economic systems were to blame for the global economic recession.

"This [global economic] crisis revealed that the approaches based on post-WWII theories are no longer applicable and world countries by adopting new economic policies must lessen the role US dollar in transactions as well as their dependence on international monetary organizations."

Kocharian, for his part, pointed to the relations between Iran and Armenia, saying, "We will make every effort to expand relations with Iran."

He went on to describe the presence of foreign troops in the Caucasus as harmful to the security and stability of regional states, adding that regional approaches are the best solution for development and stability.
Posted by:Fred

#6  They're trying to keep the Momentum of Money up, by replacing lost Monetary velocity with Money Volume.

All they'll get is inflation, unemployment and a worthless currency.
Posted by: Bright Pebbles   2010-01-21 16:41  

#5  He's definitely correct...to a point. To dismiss the prevailing economic theories out of hand would be a mistake. But there is no doubting that some of the fundamental elements, from multiplier effects to velocity of money need to be looked at very carefully. The truth is, regardless of this administration's bungling of the economy, we should be making more head way than we are. Money supply and more importantly velocity are not reacting as most theories say they should.
Posted by: AllahHateMe   2010-01-21 15:50  

#4  If he is criticizing the Bretton Woods economics agreement, this is one of the more dangerously *sane* statements to have come out of Iran in decades.

It is militarily important to remember that underneath a crust of ignorant religious fanaticism, Iran has some very urbane, educated and sophisticated people.

This means that Iran actually could have its "place in the sun", like pre-WWII Japan, if it was just not handicapped with corrupt and superstitious kooks.
Posted by: Anonymoose   2010-01-21 08:42  

#3  SAME > URBAN GREEN SPACES MAY CONTRIBUTE TO GLOBAL WARMING/CLIMATE CHANGE.

D *** NG IT, MEN OF THE WORLD ARISE AND FERGIT WHAT THE BABES DEMAND, THE FUTURE OWG-NWO SAYS YOUR PERSONAL MOWING + BUSHCUTTING + OTHER FOSSIL-FUELED HOUSE-GROUNDS MAINTENANCE ACTIVITIES IS KILLING THE EARTH, SO STOP IT, STOP IT NOW...................OR ELSE!

Relax, barbecue some Soy = Fake Meat, and let the Flora, Fauna run free! SKYNET, MATRIX, + "I, ROBOT", BOYZ FROM BRAZIL, etc. will do all the pesky yard work for youse - WHAT COULD POSSIBLY GO WRONG!?
Posted by: JosephMendiola   2010-01-21 01:18  

#2  NEWS KERALA > GLOBAL MELTDOWN: IS IT THE END OF KEYNESIANISM, OR ITS REVIVAL?

* SAME > INDIA ASKS WHO TO EXPLAIN SWINE FLU ALARM ["false pandemic"? meant to benefit pharmaceutical companies]???

IOW, dare the UNO = WHO, etal. needs a BAMMER BAILOUT/STIMULUS

Also, SAME > LEAD FIGHT AGZ CLIMATE CHANGE, GREENPEACE TELLS B-A-S-I-C COUNTRIES. B-razil, A-rgentina, S-outh Africa, I-dia, and C-hina. GREENPEACE warns BASIC nations should not behave like the USA + Other World States in prioritizing their wily dastardly pesky EARTH/ENVIRON-DESTROYING NATIONAL INTERESTS.
Posted by: JosephMendiola   2010-01-21 01:09  

#1  We missed informing MEDVEDEV + VLAD, didn't we.

DIMITRI per se has repor ordered the revampment and revitalization of ARMORED TRAINS to improve Military + Transportation Security in the NORTH CAUCASUS, espec as per CHECHEN MILITANTS. These modernized, highly mobile protected Trains will be used as both mobile armored base for local Russian security troops, + Mil-protected delivery, storage platforms for materials needed for regional, logistics network refurbishment andor new construx.
Posted by: JosephMendiola   2010-01-21 00:41  

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