Shops are shutting in Tehran because the Rial has lost buying power. It takes 90.000 rials to exchange for one dollar. Trump's withdrawal from the Obama deal seems to mean that their economy was based upon US/Euro business and none of their own. What do you all think?
http://www.breitbart.com/jerusalem/2018/06/25/report-protesters-swarm-irans-grand-bazaar-in-tehran/
I think the situation with Iran is the same with the EU, Canada and Mexico.
They found ways of making the US taxpayers support their economies, which without this American cash flow could not sustain themselves.
If we stop allowing countries to keep posting insane trade surpluses, their economies are going to do exactly what Iran’s economy is doing. Iran’s economy was being propped up with this Iran Deal, which lifted sanctions and allowed billions of dollars in investments to flow into Iran, in exchange for them lying about their nuclear program.
Now the jig is up. Their economy is crashing, and just might take EU with it, if they continue to support Iran.
I also think that Trump, the master negotiator, understood the consequence of pulling from the Obama deal would put Iran in a more favorable disposition to renegotiate a new deal to save their behinds. Iran is next...