FORECAST: If oil prices stay below $90 for a while, we will witness fiscal squeezes and regime changes in production countries

Steve Hanke writes:

If oil prices stay below $90 per barrel for any length of time, we will witness massive fiscal squeezes and regime changes in one or more of the following countries: Iran, Bahrain, Ecuador, Venezuela, Algeria, Nigeria, Iraq, or Libya. 

http://www.economicpolicyjournal.com/2014/10/forecast-if-oil-prices-stay-below-90.html