Skip to content
Magazine
Sunday, August 3, 2025
SUBSCRIBE
  • About Us
  • Belgium News
    • Belgium Police News
    • Brussels News
  • EU Institutions News
    • European Commission News
    • European Parliament News
    • European Council News
  • Europe News
  • World News
  • Belgium Business News
  • Culture and Society News
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Sustainable Perspective
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
  • About Us
  • Belgium News
    • Belgium Police News
    • Brussels News
  • EU Institutions News
    • European Commission News
    • European Parliament News
    • European Council News
  • Europe News
  • World News
  • Belgium Business News
  • Culture and Society News
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Sustainable Perspective
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
SUBSCRIBE

Accelerated economic and political collapse

Hamid Enayat by Hamid Enayat
1 March 2023
in Opinion
Isfahan,,Iran,-,August,20,,2018:,Islam,Passing,Under,A

ISFAHAN, IRAN - AUGUST 20, 2018: Islam passing under a towel shaped like a US Dollar bill in the Isfahan bazar in the evening. The iranian rial, iran currency, is being devaluated facing the dollar

Belgium, (Brussels Morning Newspaper) When the new Iranian president took office in August 2022, one US dollar was worth 26,000 tomans. A year and a half later, the currency has fallen by almost 100%. To get a US dollar today, an Iranian has to pay 50,000 tomans! It is an understatement to say that the purchasing power of Iranians has collapsed since the advent of Ebrahim Raissi. The galloping impoverishment affects all the provinces of the country, to such an extent that a large majority of the population lives in total destitution.

Rouhollah Hazratpour, a member of parliament, echoed the concern of some clerics today: “We have to worry about [the people’s] subsistence and unfortunately even one meal [per day] of this great nation. Inflation is so widespread in this country that work has crossed the divide between valleys and classes.” Although it shows only one aspect of the regime’s decline, the fall in the value of the country’s currency is a clear sign of the economic collapse that is underway. Within the regime, some people are bitterly aware of this accelerated general collapse of the system and are trying to warn others.

Among them, was an economist close to the government named Mohsen Renani. The latter explains in an article published on 26 February in the regime’s media that he first tried to warn Ali Khamenei by sending him a letter. When this did not have the expected response, he decided to publish an open letter. As a preamble, Mohsen Renani took care to justify his actions. According to him, the publication of this open letter should serve to wake up the country’s leaders. Admitting in his article that “the opportunity for reform from above has been lost”, Renani still hopes that Iran from above will be able to lead its own revolution to prevent it from being too late and the “revolution from below” from happening naturally. In his own words, the economist “still hopes that this structure cut off from reality will start a ‘revolution from above’.”

Motivations for the ongoing uprising

Unsurprisingly, and as Mohsen Renani confirms, as poverty turns into misery, it feeds the anger. Inflation is rampant; the increase in the price of basic necessities has exceeded 100%. Unemployment is at an all-time high and rising. To top it all off, systematic government corruption is spreading like gangrene across the country, and discrimination against women and religious and ethnic minorities is increasing daily.

With an estimated 80% of the population living below the poverty line, the resistance grows stronger with each passing day. Perfectly organized with its resistance units formed and led by the People’s Mujahedin (the main formation of the NCRI), it plays a decisive role, both in the street and in the international political spheres, and ensures the continuation of the revolution. The regime does not deny the importance of the PMOI and recognizes the growing power of the Mojahedin.

Iran,Economy,Infographic,,Economic,Statistics,Data,Of,Iran,Charts,Presentation.
Iran Economy Infographic, Economic Statistics Data Of Iran charts Presentation.

Suppressing the uprising

For the regime, it is essential to close the chapter. But to do this, it must fight on two fronts: extinguish the social and economic fire and control the resistance. However, the battle seems lost in advance, and on both fronts. On the economic front, it will not be able to do anything about the structural problems facing the currency. No matter what the regime does, the fall in currency prices will continue. On the political front, the state should put an end to rampant corruption and integrate a minimum of democracy to revive its growth. From a social point of view, it would have to renounce discrimination against women and recognize the rights of minorities. This is impossible because it is totally unconstitutional. The slightest change in the constitution of this theocratic regime would lead to its inevitable downfall. Any form of a real fight against corruption, any form of normalization with the West, and any form of social upliftment will destroy the regime.

On the other hand, the regime should focus all its attention on the NCRI, in order to try to deactivate the second engine of the revolution; the organized resistance. The only solution is to try to discredit the NCRI in the eyes of international public opinion and the People’s Mujahideen on the ground. For this reason, we see a political campaign of demonization and disinformation flourishing all over the world against both the NCRI and its main component, the PMOI. This campaign, coordinated by the regime, is now reaching astronomical dimensions. The objective is to make the West and the Iranian people believe that there is no political alternative to the mullahs, thereby validating the impossibility of an overthrow. Of course, there is a possible possibility: the return of the Shah, but this would be a sham and would be controlled from the presidential palace in Tehran. Indeed, such a choice would be incomprehensible to anyone who knew the ferocity of Shah’s monarchy.

All these efforts made by the Supreme Guide and the guardians of the revolution look like a last stand before implosion. For a simple reason: nothing resists angry people. And the Iranian regime must face an inflexible population, one capable of leading an active resistance for six months despite unprecedented repression of cruelty and iniquity. Both sides remain intransigent. Ali Khamenei, who had been ill for many years and was at a canonical age, was killed and destroyed until his last breath. In the end, both sides have nothing left to lose. All the others, the leaders and the undecided, have nowhere to run. 

So, the battle for freedom continues…

Related News:

  • Germany’s constitutional court calls for accelerated action on climate change
  • Accelerated Brussels Ring Work Amid Weather Concerns
  • South Africa’s deepening crisis: rise of xenophobia, political and economic instability
  • The Collapse of a Nation: Is There a Way Out for Haiti’s Capital Under Siege?
Tags: NewsOpinion section
Next Post

Market and legal update on green bonds on the EU

Latest post

EU-elections-UK

EU elections: UK looks on from the “outside”

1 year ago
Galeries-Royales-Saint-Hubert

What Makes Galeries Royales Saint-Hubert an “Institution”?

1 year ago

Most Read

    Follow Brussels Morning
    Facebook Twitter Youtube Linkedin

    Browse Important News

    Belgium News
    Brussels News
    Culture and Society News
    Economy News
    EU Institutions News
    European Commission News
    European Council News
    European Parliament News
    Europe News
    Health And Fitness News
    Southeast Europe News
    Sustainable Perspective
    World News
    Diplomacy News
    US Elections News

    About Us

    Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

    More Info

    • About Us
    • Advertise With Us
    • Contact Us
    • Cookies Policy

    Join Our Newsletter

    Brussels Morning Newspaper – All Rights Reserved © 2024

    No Result
    View All Result
    • Home
    • About Us
    • Belgium News
      • Belgium Police News
      • Brussels News
    • Brussels Bubble
      • European Parliament News
      • European Commission News
      • European Council News
    • Wider Europe
      • Member States
    • World News
    • Business & Society
    • Europe With Transparency
    • Culture & Society
    • Policy Talks
      • Place de la Bourse
      • The Macro-Economist
      • Sustainable Perspective
      • Ambassador’s Corner
      • The American Angle
      • Southeast Europe
    • Print Magazine

    Brussels Morning Newspaper - All Rights Reserved © 2020

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
    Cookie settingsACCEPT
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT