Widespread Panic in Iran as Currency Falls Precipitously

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  • #605056

    International sanctions are finally taking a major toll in Iran as the general population is feeling extreme pain as the Iranian currency, the rial, fell by a shocking 40% in the last week and protests began to rumble through the capital.

    The Iranian leaderships lie that sanctions will substantially not affect them has finally been put to lie.

    #898715
    akuperma
    Participant

    So when the Israeli Lira collapsed, and soon thereafter the original Shekel, were the zionists overthrown??????

    IF a government prints lots of money, the currency collapses. No hiddush. One can live with it (by indexing, holding physical assets, etc.).

    #898716
    WIY
    Member

    LKY

    The sanctions are hurting the people but the goals of the sanctions were to halt the nuclear program. So far nothing has and nothing will halt the program. If anything this will add fuel to their fire of hatred towards the West as they will paint the West (US) and its allies as the enemies who are causing them all these problems.

    #898717
    Curiosity
    Participant

    “The release of atomic energy has not created a new problem. It has merely made more urgent the necessity of solving an existing one.”

    – Albert Einstein

    How appropriate…

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