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av({"version":"1.0","encoding":"UTF-8","entry":{"xmlns":"http://www.w3.org/2005/Atom","xmlns$blogger":"http://schemas.google.com/blogger/2008","xmlns$georss":"http://www.georss.org/georss","xmlns$gd":"http://schemas.google.com/g/2005","xmlns$thr":"http://purl.org/syndication/thread/1.0","id":{"$t":"tag:blogger.com,1999:blog-1255205710242367002.post-4995786563596246622"},"published":{"$t":"2012-10-04T02:28:00.002-07:00"},"updated":{"$t":"2012-10-04T02:28:58.234-07:00"},"title":{"type":"text","$t":"This is what an economy dying looks like (buy oil)"},"content":{"type":"html","$t":"\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003EFrom The Atlantic\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cdiv sizcache07860452251554977=\"29\" sizset=\"119\" style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003EIran's  currency has collapsed in two ways -- gradually and then suddenly. Iran is very  much in the sudden phase right now.\u0026nbsp;It took \u003Ca href=\"http:\/\/www.nytimes.com\/2012\/10\/02\/world\/middleeast\/irans-rial-plummets-against-the-dollar.html?hp\"\u003E24,600  rials\u003C\/a\u003E to buy one dollar on September 24. It took \u003Ca href=\"http:\/\/washpost.bloomberg.com\/Story?docId=1376-MB9IY10UQVI901-6Q9HTV2NJ6DT14GMDHFNQFHH08\"\u003E39,000  rials\u003C\/a\u003E\u0026nbsp;to buy one dollar on October 2. That's good for a 59 percent drop in  \u003Ci\u003Ejust a week.\u0026nbsp;\u003C\/i\u003EThis kind of currency cliff-diving is basically a bank run  on the rial -- a bank run U.S.-led sanctions set off.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Ca href=\"http:\/\/www.theatlantic.com\/business\/archive\/2012\/10\/how-does-a-currency-drop-60-in-8-days-just-ask-iran\/263159\/#\" target=\"_blank\"\u003Ehttp:\/\/www.theatlantic.com\/business\/archive\/2012\/10\/how-does-a-currency-drop-60-in-8-days-just-ask-iran\/263159\/#\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-PkaXECqy54c\/UG1WnCkpnYI\/AAAAAAAAANY\/ep3JLLDnK_k\/s1600\/iran.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" height=\"480\" src=\"http:\/\/2.bp.blogspot.com\/-PkaXECqy54c\/UG1WnCkpnYI\/AAAAAAAAANY\/ep3JLLDnK_k\/s640\/iran.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/thoughtmeme.blogspot.com\/feeds\/4995786563596246622\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/thoughtmeme.blogspot.com\/2012\/10\/this-is-what-economy-dying-looks-like.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/1255205710242367002\/posts\/default\/4995786563596246622"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/1255205710242367002\/posts\/default\/4995786563596246622"},{"rel":"alternate","type":"text/html","href":"http:\/\/thoughtmeme.blogspot.com\/2012\/10\/this-is-what-economy-dying-looks-like.html","title":"This is what an economy dying looks like (buy oil)"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-PkaXECqy54c\/UG1WnCkpnYI\/AAAAAAAAANY\/ep3JLLDnK_k\/s72-c\/iran.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}}});