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By Mort Amsel (Reporter)
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Iran’s Currency Has Collapsed

Tuesday, October 2, 2012 14:50
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(Before It's News)

The Iranian currency fell to a record low on Tuesday as the Islamic republic struggles under the impact of Western economic sanctions and nervous citizens rushed to change their savings into hard currency.

The Iranian government blamed speculators for the rial’s collapse and ordered the security services to take action against them.

President Mahmoud Ahmadinejad rejected criticism of his policies and insisted the country could ride out the sanctions, imposed because of Iran’s nuclear programme, after the rial lost about a third of its value in a week.

 
 
How will this affect Iran?  It may make them more desperate to start a fight with Israel.  Be it goading the Israelis to attack them or a false flag operation.  -Mort

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  • Pix

    “The Iranian currency fell to a record low on Tuesday as the Islamic republic struggles under the impact of Western economic sanctions ..”

    Total propaganda BS. Iran is totally unaffected by the wests so called sanctions, because they are selling their oil to India, Russia and China instead of to the west. Talk about cut your nose off to spite your face. :lol:

    When is the USA going to leave Iran alone, it has’nt attacked anyone in over 200 years, the USA attacks another undeveloped easy target country every other week so they can asset strip them.

  • “Be it goading the Israelis to attack them or a false flag operation”

    We all know who the masters of false flags are and it’s not Iran or have you forgot the US-Liberty, 9-11 or the banking flash crash

    “Iran’s Currency Has Collapsed”

    Got a lot of catching up to do with the fiat $$$ or did you forget that even the euro is still well over parity with the US$

    Chicken little was saying that Assad only had days left in Syria and that was two months ago but don’t worry you will get your war with Iran and when you find out that it was not the walk in the park your corrupt leaders, on the bankers payroll keep telling you about then maybe you will wake up and take action against the criminal at home and care less about Iran and it’s one nuke whilst Israel shoots off some of it’s 300 plus illegal nukes.

    Reap what you sow my friend

  • KultLeader Superstar

    ..tik..tok..tik..tok..t

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