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The real economic status of Iran is close to collapse. the factories and companies are collapsing in a domino effect because of sanctions, corruptions, and flight of capital and advanced labour force from the country. The only income is the decreasing oil exports of iran, and that is a matte of time before the oilexports stops because of lack of spare parts in that industry. The purchasing power of the people is very low. You could in economic terms put it this way: the country is having high inflation in goodsprices, but everything else is like under a deflation.

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14y ago

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