Explaining Iran's Economic 'Darkness'

 Back around 2020....I watched an interview of a typical well-to-do  Iranian business guy....who had a couple of shops/stores.

Back around 2000....he and a number of other successful businessmen.....got this idea.  As monthly profits rolled in.....they took Rial...converted it to some other currency, walked it to a middle-guy who'd move the money to Dubai or Qatar, and either buy real estate, or invest in some way.

Putting it into an Iranian bank?  No.

So Iranian banks began to have this mortgage problem....rigging up home loans for young Iranians to buy/build houses.  As each year went....fewer homes were built...because the banks didn't have the money to loan out.  

Eventually, Iranian banks made up a new 'deal'.....you as a young couple come  in and start a house saving account....putting X-amount in yearly, and after seven years....they'd loan out money.  Sounding like a sanctioned pyramid-scheme?  Yeah...it works that way.  

The banks in some 'pit'? Well....yeah....they can explain all of this to the Mullah crowd...but economically speaking...their fundamental understanding probably doesn't pass the 5th-grade level of handling money.  In their mind....the gov't should just print more money....which in some way....that's what the gov't did.

Current exchange rate?  One dollar will buy you 42,000 Rial.  Or in revere.....1,000 Rial will buy you 2.4 US cents.

So a lot of the build-up of Qatar/Dubai....on the 'betting-aspects' of Iranian businessmen?  Yeah.

Fixing this?  I doubt if the leadership of Saudi Arabia, Qatar or Dubai....really desire this.  They've got a great deal going on.

Ten Humble Observations

 1.  I have this gut feeling.....that even in 2040....more than 10-percent of Americans will still be suffering from TDS (Trump Delusionary Syndrome).  At some point, with high blood pressure affecting them over this....doctors will resort to hypnosis.....inventing ways of forgetting Trump.

2.  I suspect....after Covid came and  'went'....that around one-third of Americans now suffer from diminished intelligence (lower IQ, say in the 80 to 90 range).  And 10-percent who were in the 85-IQ range to start with.....probably have slipped to 75.

3.  Just a humble guess....more than 500 people by the end of 2025....will find themselves arrested....charged-up...for damaging Tesla cars.  The majority will find themselves financially distressed....paying for the damage....court costs....and legal fees (figure minimum of $6k).  

4. A Democratic Party platform of waste, fraud and Let-Them-Stay-and-Kill-My-People....probably won't sell to about 75-percent of the public.   If Trump dares to dissolve all income tax for those making $150k or less....you can carve half of the remainder off.  

5. There's a day that passes....off social media or the news media....that I note at least one person that I suspect is under demonic possession. 

6.  The minute some lawyer says 'no-is-beyond-or-above-the-law'.....I have this gut feeling that they are lying.

7.  What the Green Card requires of you as a 'guest'....avoid trouble, drugs, criminal behavior, riots, demonstrations and find a 'safe-path' in life to enjoy.  It's advice that your parents gave you in the 1970s....as you left home (oddly).  

8.  You get the impression...reading newspapers....that there's ten times as  many brothels existing today....than existed in 1985.

9.  At this point.....Trump has probably answered 20 times more press questions than Joe Biden did in 4 years.  

10.  This promise by Trump to dump DST (daylight-savings-time)?  It'll be dragged into court, and some fed-judge will attempt to stop it....saying he has the 'power'.

Five Things I Now Believe

 1.  By the spring of 2026....Minneapolis police officer Derek Chauvin....sitting in jail over George Floyd....will be released from prison, and the previous court case against him deemed a 100-percent fraud.

2.  By spring of 2026....a quarter of Starbucks current customer traffic will up and walk away as consumers of the brand....over the crappy behavior/antics of the staff/workers.

3.  I'm patiently waiting for explanations to occur....pointing out a single nation that has created higher paying jobs specifically linked to exporting low wage jobs. 

4.  On an average day....if I were spending two hours watching CNN or MSNBC.....totaling up the minutes for the top ten Democratic politicians....virtually all of them are 'goofy', or acting like some TV comedy actor.  Why is that?

5.  San Francisco has erected a naked woman statue (figure about 50 ft tall) to greet tourists.  At current pace....with all the crap going on....fewer than 200 (weekly) will venture downtown to see the remarkable naked woman statue.