Western Sanction is starting to worry Iran's regime

For years, the regime in Tehran have made a point to publicly dismiss all Western sanctions by arrogantly declaring it would have no impact whatsoever on their economy..Well, how things have changed?!..The despicable regime is slowly but surely coming to its senses and had to, embarrassingly admit  those sanctions were indeed starting to destabilize Iran's economy. 

TEHRAN — Western sanctions have taken such a toll on Iran over the past 18 months that now -- as the screw is about to be tightened yet further -- Tehran's studied insouciance is slipping, with officials admitting the economic damage being felt. "War-time conditions" demanded dramatic policy reactions, the head of Tehran's chamber of trade and industry, Yahya AlEshaq, told Sunday's Iran Daily newspaper. The country must now act "as if under siege," the governor of Iran's central bank, Mahmoud Bahmani, agreed in comments to reporters and businessmen over the past week. Signs of economic difficulties have been accumulating: investments are becoming rare, imports are becoming pricier, and Iran's currency is sliding. The United States and Europe are about to again ratchet up the pressure with measures against Iran's central bank and vital oil sector.

I would suggest to read the full AFP article by clicking on the link above to have a better understanding of how bad the economy is getting in Iran.

Nevertheless, the regime is determine to go full-speed ahead with their illegal nuclear activities like a hard-headed delinquent child who refuses to listen to wise advise from anyone.

The Iranians people which are very aware of the situation and the economic suicidal-approach of their dictatorship regime, are behaving accordingly by  first, switching their current bank money holding into  foreign currencies, and then withdrawing it all together...This is creating what is known in the West as  Bank Run, (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent. As a bank run progresses, it generates its own momentum, in a kind of self-fulfilling prophecy .

If you're in Iranian currently living in Iran, I'd advise you to go take your money out of the regime-controlled bank NOW! and shove it under your mattress, it would be much safer there then in the hands of these irresponsible morons who are willing to destroy the country's economy just to get their hands on Nukes
The longer you wait to take your money out, the worst your financial-position will become once this nasty economic-storm clears out, but i have a feeling it's going to be a long nasty ride.

The smarter Iranians have long had their money taken out of the banks and because of it, they were spare further decline in the value of their money.The Rial, Iran national currency, is worth less then a year ago.

From what I've understood, the regime has decided to combat this effect by limiting the amount of Rial the Iranians people can exchange for foreign currencies...So basically, the Regime is holding its people's money hostage by refusing to allow them to completely switch to foreign-holdings or buy gold even though it knows very well the currency will soon only be worth wiping your butt-crack with after taking a crap.

Posted on BombIranEvilRegime.blogspot.com