Mahmoud Ahmadinejad’s fiery speech at the UN was not just a showcase of his dark and vicious hatred for the Jews. It was also an indictment of the existing international order that reflects Mad-Jad’s worldview: not just anti-Zionist, anti-Semitic, and anti-American, but also anti-globalization, anti-capitalist and anti-Western. Mad-Jad, no doubt, looked around and saw the signs of his hopes nearing fulfillment: The markets are crumbling, Israel’s leadership is in turmoil, the West is divided on how to confront Iran, Russia is on Iran’s side, and America is paralyzed by a financial crisis, a presidential election and a war in Iraq.
One problem with this vision? Reality. According to the latest figures on the state of Iran’s economy, Iran’s food prices have jumped 50% in September. Add to this a galloping inflation of almost 28%, a widespread unemployment (about 20%) and 10% of the workforce living under the poverty line and you have the perfect recipe for disaster. Iran’s economy is sustainable only thanks to the continuing oil windfall. Despite the surplus, the idiotic management of the economy by Ahmadinejad is to blame for mounting prices, rising poverty and a shortage of jobs. No regime can be toppled by hunger alone – as long as it controls the repressive apparatus it can ride the wave of discontent, and Iran is probably no different. But its leaders should ponder on the irony of the man they put inside the presidential palace to run their economy going to the UN to foretell the West’s downfall.