The Trump Effect: Iran’s Economy on Verge of Collapse, Regime Change Coming
- The Iranians are in great economic difficulties as a result of the renewed sanctions.
- The US took a step toward cutting Iran off from the global economy Thursday, levying sanctions on a financing network and accusing the country’s central bank of helping funnel USDs to the blacklisted elite military unit known as the Quds Force.
- The rial has been quoted as low as 80,000 to 90,000 Vs USD on the black market since last Tuesday, that is an all time low.
The Iranian President’s signature achievement, a landmark nuclear deal with world powers has been shredded, and his economy is in extreme distress even before renewed sanctions begin to take effect, with Iran’s currency falling to record lows against the USD and black markets begin to flourish.
But, for now Iran’s President Rouhani continues to enjoy the support of Supreme Leader Ali Khamenei, who holds the ultimate authority in the country, as they will come to the West looking for a diplomatic resolution, ala NKorea.
The Iranian’s are now keenly aware that US President Donald Trump is dead serious and the leaders are afraid.
Just 5 years ago Iran’s economy was about to collapse due to international sanctions over its controversial nuclear program, then Mr. Hussein Obama bolster it with billions in cash, the nuclear deal and opening of of Crude Oil sales to Japan, China, SKorea, Germany and France.
Now with the nuclear deal dead, and heavy sanctions back in place the world’s enemy will be forced Iran to abandon work that might have lead to a nuclear warhead.
The renewed American and European sanctions are designed to restrict Iran’s lifeline Crude Oil exports and access to money.
So, once again we will see Iran come to the verge of collapse, as their loss of income and cash from Crude Oil will be $150-B+ annually.
The renewed sanctions will cause huge damage to Iran’s economy and ordinary Iranians will suffer under soaring inflation, they will likely rise up and force a regime change, as they have already taken notice of the alignment policy taken by the NKorea with President Trump’s policy.
The Iranian currency slumped to an historic low of about 28,400 rials to the dollar, a fall of about 57 percent since June 2011, meaning a sharp rise in the price of imports
The Iranians are in great economic difficulties as a result of the renewed sanctions.
The renewed world wide sanctions will come to be major cause of Iran’s economic problems, and the government will be accused of mismanaging a rich nation with the real economy of the State of Maryland.
The 1st approach must be that Iran’s authorities accept their mistakes and failures, 2nd, that they not blame their mistakes on others, and 3rd, that they invite all the people and experts to find a way to solve the problems they face going forward, educated people do not respond well to starving.
The Trump Administration wants a deal that not only permanently restricts Iran’s nuclear program but also stymies its ballistic-missile efforts and curbs Tehran’s support for militants fighting across the region, President Trump will get what he wants.
Have a terrific weekend.
Latest posts by Paul Ebeling (see all)
- The Street’s Key Stock Analysts Research Reports - November 21, 2019
- Gold Price Outlook: Gold Set Up for a Holiday Rally - November 21, 2019
- Men Maintaining Muscle Mass in Middle-age May Lower Risk of Heart Disease - November 21, 2019