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EPISODE · Apr 23, 2026 · 6 MIN

Iran’s Fragile Economy: From Revolution to Collapse

from Middle East Brief with Avi Kaner · host Avi Kaner

Today’s episode explores how a country rich in oil, talent, and history reached economic fragility.Poverty has spread.The currency has collapsed to an all-time low.And the risks may be growing.In this episode, Avi Kaner explains:How Iran’s economy changed after 1979The impact of war, sanctions, and state controlWhy the IRGC became an economic power centerHow the rial collapsed from around 70 per dollar to roughly 1.5 millionWhat ordinary wages buy today versus the pastWhy many young people feel opportunity is closed to themHow corruption and mismanagement helped fuel water and infrastructure crisesWhy economic pain repeatedly sparked uprisingsHow a sustained blockade could deepen the crisisAnd whether financial pressure could eventually threaten regime survivalA country with enormous potential now faces a defining question:When does the economic fragility become the breaking point?

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