Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “currency crash”

Protests Engulf Iranian Regime

As protests in Iran enter their second week, speculation grows over whether the Ayatollah Ali Khamenei will flee, perhaps to Russia. The protests have now spread to 23 of Iran’s 31 provinces. At least 16 individuals have been killed.

Protesters are angry toward the Iranian regime after a sharp decline in the value of the Iranian currency, the rial. It was been plunging vis a vis the American dollar, down to new record lows.

This has resulted in economic crises on the home front, with many citizens unable to afford food, rent and the basics of life. Here’s more from Firstpost.

Skyrocketing Inflation Ahead

The bond market is in a free-fall at the same time as we’re seeing a currency crash and stock market dive. In other words, all hell is breaking loose upon investors of every stripe and persuasion.

Here, financial analyst Gregory Mannarino weighs the damage and predicts we’re going to see skyrocketing inflation — much higher than anything we’ve experienced in our lifetimes!

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