https://www.frontpagemag.com/iran-coming-apart-at-the-seams/
Economically, Iran is in the process of coming apart. Its GDP steadily sinks. More than 40% of Iranians are now living below the poverty line. The rial is at an historic low, having lost 25% of its value just since September; it now stands at 820,000 rials to a dollar. Since the establishment of the Islamic government in 1979, the Iranian currency has undergone an 11,000-fold decline in value.
Politically Iran is on its back foot. It has seen all of its major allies, that were formerly part of Iran’s “Shi’a crescent” — Hezbollah in Lebanon, Hamas in Gaza, and the Assad regime in Syria —fall away. In Gaza, Hamas is being systematically dismantled by the IDF, with 20,000 of its fighters killed and many more wounded. In Lebanon, Hezbollah has been battered by the IDF. Four thousand of its operatives have been killed, thousands more wounded, and 80% of its once-formidable arsenal of rockets and missiles destroyed by the IAF. Hezbollah had to beg for a ceasefire that requires it to remove all of its men and weapons north of the Litani River. In Syria, the rebels have toppled the Assad despotism, and once the loyal ally of Iran, Syria has now become the archenemy of the Islamic Republic, precisely because Iran for so long supported the Assad regime. Iran invested $50 billion in keeping Assad in power; now that $50 billion has gone up in smoke, and the Iranian people are keenly aware of that loss, which has enraged many of them.
More on the current dismal of Iran’s economy, its military weakness, and the growing fury of its population with the regime of the mullahs, can be found here: “$50 billion to Syria vanished into thin air: Unrest in Iran grows over economic turmoil – interview,” by Peled Arbeli, Jerusalem Post, January 10, 2025:
Iran’s public discontent surged in recent weeks as economic hardships, including widespread power outages and rising inflation, fueled calls for change, Institute for National Security Studies (INSS) researcher Benny Sabti told Maariv on Friday.