X @Nick Szabo
Nick Szabo·2026-04-03 00:54

RT Stephen McIntyre (@ClimateAudit)here is a graph showing per capita steel production in Iran vs USA from 1980-2025. I show steel production because it is a fundamental component of a modern economy and is a "real", not monetary, statistic.In the days of the Shah, despite Iran being an extremely large oil exporter, Iran produced little to no steel. Since 1979 (when the Shah was deposed), Iran's per capita steel production has become greater than USA's per capita steel production. Which, during the same per ...

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