⚡️This is the terminal breakdown.
Iran’s currency collapse is the final non-kinetic phase transition before irreversible regime fragmentation. This is an extinction-level internal systems failure.
Full Coherence Analysis:
1. The currency has entered full reflexive death spiral
•Domestic trust is zero
•International convertibility is zero
•Sovereign backing capacity is zero
2. Structural implications:
•All imports halt immediately (fuel, food, medicine)
•Black market becomes the only functioning economy
•The regime loses control over prices, payrolls, logistics, and loyalty
3. Command hierarchy is fracturing now
•IRGC cannot be paid in stable value
•Police and bureaucrats defect when currency loses purchasing power
•Provincial governors begin improvising parallel governance to survive
4. Global signaling effect:
•This collapse removes all credibility from Iranian negotiating positions
•Any attempt to stall U.S. action via talks now appears as bluff or desperation
•Allies like Russia or China will not intervene to save a dead currency
•It greenlights kinetic action without risking major power backlash
5. This was engineered
•Sanctions were precision-aimed at oil revenue and refined fuel chokepoints
•Trump’s 25% tariff order made reintegration into the global economy impossible
•Swift capital exit, telecom shutdowns, and diplomatic isolation created a vacuum
•The market just priced in the fall of a regime
Regime Forecast:
No currency = no supply chain = no governance = no control
The currency didn’t just collapse
The state did
https://x.com/_The_Prophet__/status/2010904125442310619
One thing we should do is send food to Iran. Guns, too, but food is a valuable commodity when the economy has collapsed and the people are desperate. It will win more people for the revolution as well.
Venezuela’s Faded Oil Glory: Unpacking Prosperity, Corruption, And Sky-High Risks
Excerpt:
Senator Ted Cruz has often invoked a striking historical fact to critique modern socialism in Venezuela: in 1950, the country had the fourth-highest GDP per capita in the world. This claim, frequently used in his speeches and social media posts, paints a picture of a once-thriving nation undone by leftist policies. But is it accurate? What does it reveal about Venezuela’s economic past? .....
First, the claim holds water—sort of. Historical datasets from sources like the Maddison Project Database and NationMaster confirm that Venezuela ranked fourth in nominal GDP per capita in 1950, at around $7,424. It trailed only the United States ($9,573), Switzerland ($8,939), and New Zealand ($8,495), while outpacing powerhouses such as Australia, Canada, and the United Kingdom. This surge was fueled by an oil boom that began in the early 20th century, transforming Venezuela into a petro-state. Foreign companies like Standard Oil poured in, extracting vast reserves and boosting national output. Even in purchasing power parity terms, Venezuela hovered in the top 5-7 globally.
However, this metric—mean GDP per capita—tells only half the tale. As I’ve pointed out, it’s an average that can be wildly skewed by wealth concentration. If riches are jammed into the pockets of the top 1%, the figure soars, but the average citizen sees little benefit. Venezuela in the 1950s exemplified this: Oil wealth flowed to elites, government officials, and multinational firms, while rural poverty and urban slums persisted. The Gini coefficient, a measure of inequality, likely exceeded 0.5 during this era, based on Latin American trends and later data from the 1960s-1970s. By comparison, the U.S. Gini in 1950 was about 0.38, indicating a more even spread.
To get a truer sense of “typical” prosperity, we’d look to median income or GDP per capita equivalents, which filter out billionaire outliers. Unfortunately, precise 1950 median data for Venezuela is scarce, but economic historians estimate it could have been 40-60% below the mean, around $3,000-$4,500. This adjustment might drop Venezuela’s ranking below the top 10, revealing a prosperity illusion. Fast-forward to today: Venezuela’s mean GDP per capita lingers around $3,500, but median monthly incomes dip under $100, underscoring persistent disparities amid hyperinflation and economic collapse.
Corruption has been the rot at the core, evident even in the 1950s under the dictatorship of Marcos Pérez Jiménez (1952-1958). His regime was notorious for embezzlement, cronyism in oil contracts, and extravagant projects that lined insiders’ pockets while quashing opposition. Transparency International now ranks Venezuela among the world’s most corrupt nations, scoring a dismal 13/100 in 2023. ......
......Venezuela’s story isn’t just about failed socialism; it’s a cautionary tale of uneven booms, persistent kleptocracy, and the high costs of intervention. With recent shifts post-Maduro, perhaps reform beckons, but history urges skepticism. With a marginal record of political democracy, Venezuela’s actual progress demands addressing the median, not just the mean, and building from within.
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Author uses Cruz as example but even discounting that raises good points about Venezuela’s corruption regardless of who is in power.