The TRUTH About Iran’s Crumbling Economy – The Crash Is Coming

Josh Sigurdson talks with author and economic analyst John Sneisen about the fall of Iran’s economy as centralization continue to take hold. People so often say that Iran either doesn’t have a central bank or it isn’t part of the global central banking complex. Well the latter may be true, but the point is, they have a central bank and central banks centralize, regardless of who’s in control of it on a global scale.
The Iranian Rial is falling like a rock as it gets further and further devalued. Historically it has seen vast devaluations in 2003, 2014 and now in 2018.
The Iranian Rial has now fallen to historical lows. It has lost one third of its value in the past year alone! It now trades at 60,000 to 1 USD.
From the 1953 coup by the United States to the crisis in the 1970s and the US funded and backed chaos between Iran and Iraq to of course the vast propaganda attempting to make Iran look like the world’s greatest boogeyman, of course western intervention has an affect. Sanctions certainly don’t help. But this goes far deeper. This does rest on the shoulders of Iran as their responsibility in the end. The fact that they have centralized their economy so incredibly and caused so much devaluation and inflation.

All fiat currency eventually reverts to its true value of zero. It always has, it always will going back to 1024AD in China. Iran is no different. Let this be another lesson. Another example of the failure of fiat.

We will continue to follow this story closely! Stay tuned for more!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

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29 Comments

  • wayne mcclory
    Reply

    Monday morning I’m gonna get out of the stock market. It don’t look good. Im making my money safe. Even the TV news is saying crashing market.

  • Linda Freeman
    Reply

    Good job love your reports. Talk more about Trudeau that rat chosen to sell out Canada and its people. Do interviews of Canadians aware of his treason against the people

  • Symbolic Living
    Reply

    The insanity of the elite is right in front of our eyes, yet barely anyone cares enough to pay attention. People dismiss what is most obvious.

  • edward leroy
    Reply

    Central Banks control the money and Central Banks control the information/story that is released to the public.

  • Smufter16
    Reply

    If Iran’s economy crumbles, it will be a huge negative impact to Malaysia. Iranians bring their money to Malaysia in droves as it is one of the most popular destinations for vacationing Muslims.

  • David Burton
    Reply

    Good though your information, you discuss everything from the standpoint of THEIR money which is illegitimate and bound to fail. Stolen fiat money is the issue. In EVERY case involving THEIR stolen fiat money, since it didn’t begin as genuine split barter, it IS worth nothing! Please read this blog and get a REAL education concerning economics and money, else you have NO VIABLE SOLUTION because most people do not want any silver or gold, we want our own money: ecriegel.blogspot.com Best

  • Kholke Holkepolke
    Reply

    You guys are so out to lunch. Negotiations between Assad’s regime and Jaysh al-Islam, with Russia acting as a gurarantor broke down ,and Assad couldn’t reach an agreement. Jaysh al-Islam agreed to put down their weapons but only if allowed to stay in Douma as a local police force, which Assad didn’t favor. “No reason”, try again, there are several. Evidently, Assad feels he can get away with using chemical weapons hiding behind Russia’s cloak.

  • J Black
    Reply

    You’re not seriously saying that the many pictures of dead children are fake, what a fucking idiot you are grow the fuck up you like like a 12 year old in monkey suit.

  • GDI 109
    Reply

    According to the West, Iran’s economy has been on the verge of collapse for 25+ years, just like how they’ve been on the verge of building a nuclear bomb for that long as well… i’m not holding my breath for either.. ???

  • guruuDev
    Reply

    So childish believing money is based on the value of a precious metal coin. That is the illusion that allows for hijacking the monetary system. True money is ‘fiat’ and ‘debt based’ in the sense that it is essentially an outstanding IOU slip or promissory note or coupon that is the ideal unit of exchange. The fact that people are so foolishly ignorant of this allows for the theft inside the system. Banks issue currency and collect interest while they loan nothing. Who provides the loan? Hint: it isn’t some leprechaun with a pot of gold.

  • jaymcaaa
    Reply

    they have a central bank but it doesnt work the same.. loans are different and other things but there central bank isn,t tied to luciferians like america britain and so on

  • paragshah2112
    Reply

    “no government is a good government” zOMG i _just_ said that VERBATIM in a conversation i had earlier in the day!!! 😛

  • Alon Perlmuter
    Reply

    I follow your videos pretty closely and i agree with the economics, but your geopolitical analysis is wrong and even unethical. Iran is not “bullied” by the west for no reason, they call for the distraction of other countries and they are the biggest funders of terror organisations around the world like Hamas and Hizballah. There is a big difference between the aggressor and defender and painting it differently is simply wrong and unjust.

  • Joe White
    Reply

    simple fact. Iran regime spent a lot of the government money to support Assad regime and Iraqi militia. They are resopnsile of killing more than 500,000 syrian civillian and more 10 million refugees. So please don’t make angles. Yes I don’t like central banks and I agree with guys that we are going to finical crisis but stop support Syian and Iran regime. Because they are evil.

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