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Whistleblower Accountant: ‘I Predicted 2008, This Will Be WORSE’
My conversation with @RichardJMurphy is live. youtu.be/oMhT6qw8KGE?is…
My conversation with @RichardJMurphy is live. youtu.be/oMhT6qw8KGE?is…
@AaronBastani
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The war and blockade have had a significant negative impact on the Iranian economy, but the impact on economic output has been smaller than most people realize.View quoted post on X
After six months of war, the decline in Iran's non-oil economic output was smaller than the impact of the pandemic on US economy activity after the same period.
The decline was also only about *one-seventh* of the contraction seen in Ukrainian economic output within six months of the Russian invasion.
Iran's economy is not on the verge of collapse, it is simply experiencing a deep recession caused by an external shock.
From our latest research note:
bourseandbazaar-substack.org/p/what-is-the-…