Nuclear-Armed Iran Not the End of the World

The following facts about Iran are largely beyond dispute.  It is outspent militarily by three of its closest neighbors, including Israel, Turkey, and Saudi Arabia. Its only friends in the Middle East are a few terrorist groups and Syria, a nation beset with domestic furor. It has extraordinarily hostile relations with the United States, and only relatively polite relations with Russia and China.  Iran’s existing conventional military forces are obsolete by regional standards. The country suffers from substantial domestic discontent and has undergone serial crises of governance structure since at least the late 1980s. Iran is heavily dependent on resource exports, inextricably and directly linking its economy to the international market and inviting all of the problems normally associated with the “resource curse.”