While we’ve been focused on Greece and the Greek Parliament and their vote last night, other economic “deals” have been happening elsewhere. Like Iran’s nuclear deal. Here’s the video from VOX (and there’s the link for email subscribers).
A deal in which:
- The US got everything it wanted; and
- Iran got its sanctions lifted, and can have access to International Banking again.
Sounding at all familiar? Talk about the power of having the money.
Here’s a summary of the deal if you don’t want to watch the video:
And here’s a summary of the impact of sanctions #checkoutthatinflationrate
Rolling Alpha posts opinions on finance, economics, and the corporate life in general. Follow me on Twitter @RollingAlpha, and on Facebook at www.facebook.com/rollingalpha.
