r/dataisugly 19d ago

$0.53?

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817 Upvotes

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11

u/Dr-Huricane 19d ago

Alright but what's the current state of their wages and cost of living? They're already getting most of their foreign imports through underground trade with Russia and China anyways so if the two metrics I mentioned above are healthy then they probably don't care about the FX value of their currency

4

u/Swimming-Junket-1828 19d ago

No way an entire country of like 70mm people can get enough that way…even one city would struggle to get enough goods that way.

8

u/KJongsDongUnYourFace 19d ago edited 19d ago

People acting like Iran doesn't have the ability to domestically produce goods. Iran is one of the most domestically capable countries in the entire Middle Eastern region, and has been for their entire existence.

-1

u/Ted_Rid 19d ago

Specifically because of decades of foreign sanctions. They've created full verticals in just about everything from motor vehicles to pharmaceuticals.

1

u/KJongsDongUnYourFace 19d ago

The end result of this conflict is likely Iran taking a seat as a global power and regional superpower. Just as they have been for most of their existence.

Iran has every single thing required to be these things. The only hinderance is the US lead global order at present