I thought that was the 17th economy in the world !!!
How can its currency go down like this !!!
This is hurting many people.
I know some elderly who rely on money from Iran to pay for their rents and ...
I know some university students who rely on that kind of income and ...
But it is what it is !!! Maybe this will knock some Iranians inside out of their numbness and force them to make a choice about who is ruling their country.
How can its currency go down like this !!!
This is hurting many people.
I know some elderly who rely on money from Iran to pay for their rents and ...
I know some university students who rely on that kind of income and ...
But it is what it is !!! Maybe this will knock some Iranians inside out of their numbness and force them to make a choice about who is ruling their country.
Well, it is inevitable. Democracy through evolution will eventually come to Iran.
Trust me, The pre-requirment for democracy are in place.
All we need to do is to sit back and let the nature take its course.
Look around and see how historically, many nations achieved democracy through evolution and without making any sacrifices or even a single concessions efforts. It will just happen on its own.
Trust me, The pre-requirment for democracy are in place.
All we need to do is to sit back and let the nature take its course.
Look around and see how historically, many nations achieved democracy through evolution and without making any sacrifices or even a single concessions efforts. It will just happen on its own.
Property is always in demand and its price will increase in an unstable economy like Iran, specially since many people earn their daily bread from property ownership. The question is whether you can make money from it if you want to convert your profit into foreign currency. At the moment this looks increasingly unlikely.
It is not just punishment. IMO They want to ensure that the Iranian regime no longer has the funds or the ability to interfere in the region or provide support for certain groups outside its border. The sanctions and the destruction of the economy not only dries up the funding available for regime's "extracurricular" activities but also entangles it in its domestic problems.
It ain't going to happen. As it has over the past year, currency will devalue at a far greater speed than property will appreciate.
The overwhelming factors for property values in Tehran and a few other places in Iran are oil and relations with the west and the rest of the world. The reason property appreciated so much in Iran is that relations obviously improved after the war and more importantly oil profits went up over 10X. Property followed.
Now the situation is exactly reversed.
However, changing one's orientation is extremely hard to do.
The overwhelming factors for property values in Tehran and a few other places in Iran are oil and relations with the west and the rest of the world. The reason property appreciated so much in Iran is that relations obviously improved after the war and more importantly oil profits went up over 10X. Property followed.
Now the situation is exactly reversed.
However, changing one's orientation is extremely hard to do.
