Iran's Economy Could Be Huge, But They Don't Care 🇮🇷
ฝัง
- เผยแพร่เมื่อ 14 พ.ค. 2024
- What has prevented Iran, teeming with natural resources and a young, educated population, from becoming a world-leading economy? How did it go from rapid growth to economic failure, and why is it still unable to fulfil it's potential?
This video was made possible by our Patreon community! ❤️
See new videos early, participate in exclusive Q&As, and more!
➡️ / economicsexplained
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
The Economic Explained team uses Statista for conducting our research. Check out their TH-cam channel: / @statistaofficial
Enjoyed the video? Comment below! 💬
⭑ Enjoyed? Hit the like button! 👍
Check out our second channel Economics Explained Essentials → / @economicsexplainedess...
✉️ Business Enquiries → hello@economicsexplained.com
🎧 Listen to EE on Spotify! 👉 open.spotify.com/show/5TFVUEJ...
Also on Apple Podcasts or anywhere else you listen!
Follow EE on social media:
Twitter 🐦 → / economicsex
Facebook → / economicsex
Instagram → / economicsexplained
TikTok → / economicsexplained
#EconomicsExplained #EconomyofIran #FailedEconomy
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 / economicsexplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
MIDDLE CLASS PATRONS
Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden.
UPPER MIDDLE CLASS PATRONS
Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor.
UPPER CLASS PATRONS
Jeromy Johnson, Juan Benet
This video wouldn't have been possible without the support of our Patreon community. Join here➡ www.patreon.com/EconomicsExplained
Irans gdp is 1.8 trillion and gdp per capita is 23 thousand according to IMF. Where did you get your source?
Please do an analysis of Nigeria's economy
You have fake video..remove restrictions and see
Check the ranking aerospace, medical
Standing with the truth why we accept their laws we have our own culture religion
as an iranian you have no idea how painful it is to live with this knowledge everyday.
That is so painful to hear 🥺💔. I Hope everything works out for ur country and it's people and the current political system just fades into history .
why don't you guys revolt against the current regime in your country?
@@kunalghosh8852 These revolt ideas sound so promising until they actually happen. Look at Egypt, Libya, Syria, etc. Is it better than before? Sometimes keeping the status quo is better than the alternatives.
@@kunalghosh8852 Because those who hate the regime are the minorities supported by the West and the majority like the regime and understand that the current economic situation was not caused by the regime but by the cruel sanctions imposed by the West to harm the Iranians.
@@mehranmoradi4608yeah… that’s just not true. Objectively, the strikes that cripple that country and protests in every city are not being done by “a minority” 😂
One thing you haven't talked about is huge brain drain that Iran suffers from. A lot of people fled after the 1979 revolution, and people continue to flee because of the terrible regime and poor economic conditions that the country suffers from.
shia drain everything
Fr though most of the professors and a good amount of the PhD students at my Canadian university were Iranians.
The biggest problem maybe us Boikot
Only the dumb & poor stay cause the smart ones usually get killed by the government.
@@liamthomas8029 Most of the professors?? That's interesting 😆
It also has immense cultural assets and incredible scenery, it could be a leading tourist destination. I'd love to visit one day!
Me too.
please dont go, chances are high you can be held hostage by the government and they label you as "spy".....it happened to many foreigners.
Russia dont need visa to visit Iran now
@@sd4545sdfOnly for organized groups arranged by certain operators. Only a few groups have visited Iran this way.
But visa for Iran is really easy to get, you just fill an online form and get your visa at the consulate.
Very nice country and really nice people, I hope they will prosper in the future.
Everywhere has "immense cultural assets" it will need a bit more than that.
Many countries blame foreign enemies for their failure but it's Iran who is their own worst enemy
Mullahs to be accurate
@@payambeigi1689America 🇺🇸
Not true! Western powers bullies are the enemies! Comply or else! I don't think you would love to lead a life of slaves under corrupt masters!.
Iran s enemy is USA , France, Great Britain. They deposed the shah when he was monopolizing the oil there and keeping it for the Iranians and not giving it away. They brought in the Ayatollahs. The people are powerless to do anything without weapons. Know ur history …
yeah it's decently not the sanctions...
I have a surprisingly large number of iranian friends. They love their country, and hate the regime. Awesome people, i feel very sorry for them.
Persians are educated unlike the cruder Saudis who only rely on oil, a free iran would be in the top 10 economic powerhouse
True, the iranian political system is fucked up.
But if you talk to Americans, they also generally hate their government, and look how angry the french are too. People hating the system is almost universal 😄
Yes the Iranians I've met abroad who are not a fan of their fundamentalist regime are usually very nice and down to earth.
Lands of brave people , great researchers, a huge cultural History and so many resources. Lands of ancient civilizations. My best regards to people of Iran! I hope you may find peace and prosperity very soon.
We hate our regimes in the west too but what are any of us going to do about anything, nothing.
To me, Iran's history since 1900 is an embodiment of the phrase "this is why we can't have nice things." :(
the bad history started with shia🥲
@@master2002h actually Safavid dynasty was not that bad its all started with Qajar
It's actually since 1800
All the resource rich countries from likes of iran, iraq, venezuela, aghanistan, russia and many more were plagued with one disease...
USA 😁
The Qajar dynasty is rightly seen is one of Iran’s worst dynasties, comparable to the late Qing dynasty of China.
That shows that even if in the best situation ever, if leadership sucks, it sucks
Pakistan is one example of this.
I'm a 28yo Iranian living in Tehran. I found most of the information in this video accurate except the one about women's employment here. Amongst my friends, most girls above the age of 20 are employed... yes, it's only anecdotal, but it's what I've observed around myself.(I have 2 sisters who are both employed, but I'm between jobs myself😂)
Not funny at all
@@codenameeaglecooldown900 are you Iranian?
There is definitely a huge amount of discrimination against women who wish to work that can't be denied, for example women cannot be chosen as majority of leadership jobs at all, alongside being a judge. they also need permission from their husband to work.
Bc they are paid less than men
@@codenameeaglecooldown900 he must be crazy
Iran has been at the center of some of the worlds most prosperous and successful empires. That's not an accident. Iran has always had great potential. And when it was able to utilize it, it was the regional superpower.
True. It is now the regional superpower. Let's not forget the Saudis accepted defeat and withdrew from all regional conflicts. That includes accepting Iran's regional allies and leaving Lebanon to Iran. Good or bad, that is the reality omitted from our understanding. And we are still at the very infancy of Iran's massive expansion. Not only the North-South Corridor was just finalized, The East-West corridor going from Iran to Iraq to Syria and Lebanon just got finalized. I think the religious government will go by the way side over time.
It's still a regional superpower despite all the Illligal sanctions imposed on them by the US.
Iran has the lowest fertility rate in the entire middle east. The bad state of the economy is what many Iranians cite as a reason for that. What's interesting is that the poorest region (Sistan & Balochistan) in Iran has the highest fertility rate inside the country. There are many poor countries in Africa, yet they have high fertility rates. Neighbouring Afghanistan has been unstable for 50 years, yet they have high fertility rates. Strange!
@@Khaled91 because of education since 80s. Same in Tehran
@@Khaled91 There's nothing strange about it. There's often a direct correlation between poverty and high fertility rates, and there are many studies that show it.
Nobody in the world can feel the frustration of having a lot potential to grow and not being able to as much as an Iranian.
It pains me everyday to see all this talent go to waste. Ever since I started to understand myself and my place in the world, I became angrier ,more depressed everyday. Today I'm at a place that I'm willing to give my life in the hope of slightes change.
Blame the West for sanctioning your people and stopping them from building their economy.
A Brazilian might. As De Gaulle said, “Brazil is the country of the future... and always will be.”
@@MartyFox I also believe Brazil is a nation with great potential and very bright future but the painful thing in iran is that there are a group of people who in the name of religion are bringing misery to our country.
Ive made some great friends from Iran, and it is always rough to see the mixture of pain and love in their expression/eyes when talking about home. I hope that you can all live to see the day when changes happen!
@@cyrusii2746 You are cute for thinking its because of reiligion
Iran has some very bright graduates. It is one of few countries in middle east and central asia where you can rely on local workers. Getting something done in some countries you have to send a legion of engineers.
To be fair, Iran didnt break the agreement regarding atomic weapon Production. The US did. Why should Iran then adhere to an already broken agreement?
I agree. Iran needs to stay poor and be in the right side of history.
These people are getting paid to run regime propaganda by just saying pure BS no Iranian believe. We all trust US more than mullahs. I mean yeah a foreign country this is how disgusting are these people ruling over Iran.
surely this is sarcasm@@joemacmillan
Jew@@joemacmillan
Iran probably had a crazy amount of untapped Human Resources as well. I’m always astonished to meet Iranians who I hold in very high esteem in terms of talent and intelligence.
perfect comment. Maybe I'm lucky, but every Iranian I meet is honorable, intelligent, and hard-working.
P.S. is that racist?
@@Redmenace96If someone deems you the wrong skin color they will label you racist regardless of what you say 😂
@@Redmenace96Nothing racist about this statement
@@Redmenace96 why ?? Are you scared that someone's gonna cancel you ?? Are you scared that you're gonna "offend" someone ??
@@Redmenace96 Only if you consider saying Canadians are nice as being racist, your fine and for one I agree have never met or heard of an Iranian person who didn't seem like a chill stand up person
A rise in portfolio losses this quarter is predicted by a number of indicators, including market falls, skyrocketing inflation, major Fed interest rate rises, and rising treasury yields. How can I make money in the choppy market of today? My million-dollar bond and stock assets are still something I'm considering selling.
An increase in volatility isn't always a bad thing because opportunities can be found even in the middle of this whirlwind. Due to volatility, you can rebalance your portfolio. A financial advisor can assist you along the process, which is the best course of action.
I much like to delegate my daily market judgments to a portfolio coach as a result. Their entire skill set is centered on simultaneously taking long and short positions, capitalizing on risk to gain from its asymmetric upside, and eliminating risk to safeguard against the unavoidable downturn turns. I've been working with a portfolio coach for more than two years, and in that period I've made over $1 million,577,000.
@@harod033 I'm delighted I stumbled into this conversation. Please leave your investment advisor's contact information in this box. I must get one immediately.
@@Igorstravinsky788 You can find my investment advisor Ruth Loralann Brennan, by entering her name into Google. Many people love and are familiar with her.
@@harod033 I only had to type her full name into Google to find her webpage. It seems intriguing thus far. I'll call her on the date we agreed upon, and I'll let you know how it went. Thanks
Thanks for your great, informative video! And for not only using desert footage of Iran to present it :)
Very surprising and sad that as a country with such natural resources, climate, beauty, culture history educated people in all Middle Asia , is what it is today,it has a potential to be back to its original place..always liked Iranians friendly and jovial, best wishes
I had an Iranian Uber driver once - he was in his 70s.
He told me that all he had ever wanted all his life was to own a record shop in Tehran, which he did when he was a young man.
After the revolution- the islamists came and set fire to his shop and tortured him for liking music.
Those are fakes lol. I've been to Iran multiple times and I still seeing young women blasting pop/rock music in the middle of the park each day with no law enforcement ever came and arrested them
@@Kuricang31 The guy lived through the Islamic revolution. Things were waaaay different back then.
@@normallyChallenged and the first decade of the Islamic Republic was rough: war with Iraq, and a crackdown at home.
Iran has music and dance....Just that the women are not allowed to enjoy it in public...But things are changing....There is fear in the mullahs of constant uprisings....So they kind of letting some changes....
@@Kuricang31 the fact that you saw some woman listening to music, doesn't mean that others haven't been prosecuted for doing the same.
Nations need educated people to be successful, but educated people make poor loyalists to an authoritarian state. It’s either the great limiter or downfall of authoritarians
Limiter in this case. Also, in the case of Russia, North Korea... and, increasingly, China.
Which is why the Iranian government is rife with nepotism, particularly under the current hardline presidency
Probably why Pol Pot killed all the educated people
@@LD-Orbs Russia, China and Iran all have educated populations. And their regimes are holding. Sounds like this simplistic schema doesn't quite match reality.
@@ArawnOfAnnwn "Educated" doesn't just mean academic-competence. unhindered access and flow of information and communication, encouragement of competitiveness and individual initiative in a work environment, and unrestricted limitations on creativity and opinion all contribute to an intelligent and "educated" people. Russia, China, and Iran fail on some or all of those principles.
Always interesting, thank you.
It's mostly not about "caring", although Iran surely isn't perfect, but rather mostly about US-led economic and technological sanctions. However, recently Russia has left the technological sanctions regime to a large extent, and Iran is also said to be in talks about joining the Shanghai Cooperation Organization.
Thank God this time he got the right stock footage of Iran.
I’m pretty sure that’s Istanbul at around 2:24
@@SuperWarningShot It's just lazy research. It's not that hard to find an actual image of Iranian cities lol.
get rid of the shia so you can fix your country
@@secrets.295 True
@@secrets.295 if the stock footage provider has tagged that as "Iran", most youtubers on this planet wouldn’t be able to tell otherwise. The world doesn't revolve around us.
What we are seeing global inflation. I saw it in the news that most countries are all competing for parts, products, food etc. Even nations that managed their rates better are seeing major issues. The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role. Add to this pandemic-related staffing issues, Russia-Ukraine Conflict and the intentional global oil supply problems and its a nightmare.
Investing is the only way to make your money grow and unless you have an exceptionally high income, invessting is the only way most people will ever have enough money to retire. Reason I work with ‘’ Patrice Carol Rainer’’ a brokerage-advsor who sets asset allocation that fits my tolerance and r!sk capacity, investmnt horizon, present and future goals.
@@bsetdays6784 Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. One could lose one's job or whatever. Investment cannot be overemphasized. About your advisor, how does one reach pls
@@africanboi4542 It's best you do your due diligence, I have my portfolio overseen by “ELEANOR ANNETTE ECKHAUS” and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.
Thank you for this tip. it was easy to find Eleanor Annette your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
we have 15 - 25 % inflation every "Month"
one day i will dicide to end my l.i.f,e .
but i will take some of dictator mad dogs with me
Not all regime-controlled entitites that have a large influence on economy are called Bonyad. Revolutionary Guard Corps (Sepah) is the largest and perhaps the most influential among them. Sepah is a military organization that was created to protect the Islamic Republic and its ideals. While its primary focus is on defense and security, it has expanded its influence beyond the military sphere and has a significant presence in Iran's economy. It operates numerous businesses and controls various economic sectors, making it one of the most powerful entities in Iran.
Thank you for your video
What makes all of this worse is you only get a "demographic dividend" once. Iran has a huge bulge of 30 somethings (my generation). But many fewer kids and teenagers. You need to go go go while your labor force is young. The ideal time to liberalize would have been 2000 or 2010, because then liberalization could have paired with a youth dividend to kick the economy into hyper-drive. If the people have to wait until the 2040s for real reform, that golden opportunity will be over. This is so frustrating and awful in terms of wasted human potential!!!
This makes Khamenei one of the top three villains in milennia of Iranian history.
Instead, Khamenei and Ahmadinejad stole Iran’s future, with the 2009 election, and the 2011 corruption scandals.
Thank you for mentioning such an under appreciated problem.
Not unless they all have 4 kids to kick the can down the road
Even this video says Iran was the fastest growing economy in the world until 2012. That is most of the post-revolutionary period. So, they did take advantage of what you are saying without "liberalization." That doesn't get highlighted, of course.
Iran looks so beautiful, the nature and architecture there looks very nice. You add in amazing history, and Iran has a ton of potential as a tourist destination
Yes, of course it does. Iran's gov't will have to stop keeping some tourists hostage. 😉🤪
@@paulheydarian1281 toursist? you mean western spies
This CHANNEL Fuch'ing *FAILED* on this one.
🤣🤣
IRAN was already living in "The FUTURE" back in 1950.
Read about Prime Minister *Mohammed Mossadegh*
and learn what _WESTERN EUROPEONS_ did to this country 🔥🔥🔥🔥
HUGE! potential. I almost took a chance to visit 5 years ago.Chickened out. It is the Cradle of Civilization.
@@Redmenace96 Actually, the craddle of civilization is Iraq/Summer, not Iran.
World: Why Iran economy is a failure?
USA: Don't look at me
Great video, But what you said sums up our mentality in the west “Iran could be a great economic power” what you mean is, if it does as we in the west say it can grow.
We let China grow and now we are sanctioning it not for war, but because it became too big and a challenge to us.
I am amazed by Irans development under sanctions. I wish our governments didn’t sanction other countries and allowed multiple types of government but we only want democracy’s that we can control.
'Relatively well-educated'. I would say they are extremely well-educated. Levels of education in Iran match those of developed countries. I work in Higher Education in the UK and it's impressive the number of Iranians I see coming here for postgraduate studies and a rare occasion when they don't meet the entry requirements for their desired course (they generally perform academically very well with high grades).
Even here in Sweden, Iranians are by far the most educated ethnic group in the country. Per capita Iranians exceed even Swedes in higher education. Even other countries with strong Iranian immigrant base like the US, Iranian-Americans are amongst the most highly educated ethnic groups. I work in the fields of IT, been to Silicon valley, pretty much most of the current CEOs and founders are either Iranians or Indians, the founders from Ebay to Drop box are Iranians. Even looking at India that has large number themselves, the Parsi community is by far the most successful domestically. It's a shame what Iran could've been.
That's because you are seeing the cream 🍦 of the crop.
one fun question ! iran has a bad and crazy government, right ?! so why there are so many well-educated peoples ?
how about another one ? if the government wants the people to be quiet and dumb so they can't question their incompetence, how's that there are spending so much money on education that their levels of education in match those of developed countries ?
@@outlawfly664
Yep those parsi community people from Persia are very successful here. Most of them reside in Mumbai , india's financial capital. And many of them are billionaire. As compared to their small population of just few thousands , their share in India's billionaire list is huge .
Even the Tata company who own TCS and Jaguar land lower was started by a parsi , jamshedji tata .
@@outlawfly664 that statement is not true. While there are certainly individuals of Iranian and Indian descent who have made significant contributions in the technology industry, it is incorrect to claim that "pretty much most" of the current CEOs and founders in Silicon Valley are Iranians or Indians.
Silicon Valley is a diverse and multicultural hub that attracts talented individuals from around the world, including people from various backgrounds and nationalities. Many successful companies and startups in Silicon Valley have been founded by individuals from different countries and ethnicities.
Its just like Russia, mismanagement is huge and their people pay the price
Yeah - it seems that the combination of an authoritarian regime, and a selfish group of oligarchs creates a "stable nightmare" with no escape, and no room for improvement, because more or less everyone who has any say in the destiny of the country has a strong incentive to prevent change.
Good point - both Russia and Iran seem to have very good education systems. That is supposed to be the number one driver for economic success
@@rogink yes but just education is not so useful without incentives for innovation and brain drain. They have educated people but not any real products.
@@rogink the missing ingredients are freedom and free markets.
@@highdefinist9697 Their political system isn't all that's holding them back you know - even the video acknowledged that. Funny how comments focus on that that needs to change tho. Oh of course the US is just the nice guy who'll make it up to them if they only change their whole nation to suit it. Right... Iran can still be better aplenty right now even with its current political system if the US stopped undermining it. Plus ironically increased wealth may very well help change that system, but keeping it in poverty has achieved the opposite. Serves American geopolitical goals tho...😒
I think you need to look into issues like homelessness poverty and compare it to other countries
In my opinion the Iranian revolution happened to be the worst for Iran & the region as a whole.
This rings true with Iran's ancient history as well, which I always found interesting. To think Iran was once upon a time an empire bringing values like, for example, freedom of religion to other countries. One of the true ancient enlightened civilizations
We saw how you honoured that history in scandalous and racist productions like "300" 🤡 We will be just fine. Get out of our region.
now it brings something better than the freedom of religion, it brings the one true religion. Now that is way better
@@someboi4535
Lol
@@someboi4535 That one true religion is a curse to the world and to Iran itself see how bad it is doing with that one true religion
"freedom" of religion is an oxymoron especially in Iran's case as Iran founded Abrahamic religions plus so-called "Indian" religions and then forced them upon humanity.
This is one of the few instances where a country's stability doesn't translate to confidence. On the stability side, with the exception of the recent protests, Iran has had the same government since the revolution and has avoided a direct war since the 80s. The Confidence side is a different story however, due to all the factors mentioned in this video. Maybe stability and confidence should be ranked separately?
All the resource rich countries from likes of iran, iraq, venezuela, aghanistan, russia and many more were plagued with one disease...
USA 😁
Economically it may be business operating environment stability that matters, and Iranian bonyads and central government control is quicksand to businesses
If you have, hypothetically, a single dictator for 50+ years, but he is crazy, and changes policies on a whim that can completely upend decision making, then that might be "stable" in the form of who is in charge, but is not "stable" in terms of the rules you have to strategize around. True "stability" would require that the rules are fair and consistent, that if I go in today under a certain set of rules, that those rules are likely to be the same twenty years later, or at least any changes made would be fair and predictable (like a new regulation after a disaster made it clear such regulation was needed, rather than "because The Boss says so.")
It meant economic stability/confidence, primarily for foreign investment.
They may have a secure grip over the country. But no one likes them.
That’s why stability will always be low. Even with all the paramilitary and police in place sometimes even the most repressed population will have had enough and just refuse to work.
Something similar happened in China over the Covid lockdowns. The regime didn’t change but it did reverse its policy decision.
It would be nice if it didn’t take blood in the streets to accomplish this, but that’s how things are in totalitarian states.
I used to be bitter, support certain countries and wish bad things for certain others. But nowadays I am starting to understand that people all across the world are caught in the same dilemma, that is if leaders ruled efficiently EVERYONE could have a generally better standard of living - it's possible.
Sadly it is not the case.
Because we continue to fight pointless wars, we continue to argue over oil price and natural resources, we continue to trust what the news says instead of our own judgement.
At least channels like this are spreading awareness and education, which is the way out of this.
I shed a tear in hopes of a better future for all of humanity.
What type of awareness is being spreaded here? This video is neglecting all political reasons for economic malfunction. Iran is sanctioned by USA because for rightful reasons Iran does not agree american policies and the solution this video suggests is "just surrender!" for the sake of GDP :))) So this is our answer "NEVER"
@@nouhkazemi4167lol
A nation having a vertical power structure similar to the USSR doesn’t undergo changes from the bottom layer of the society. It’s always the council or the party supremo who can enact changes. That’s the harsh reality. So unless the religious council or Khomeini himself decides to restructure the economy, we won’t be able to witness any economic miracle in Iran.
We all know the main reason. Brain Drain......
I'm in my mid-thirties. The amount of similar aged men and women I've met which have left Iran is high. They are usually very well spoken and educated.
But even if those people stayed, what would they be doing? How do we know their productivity would be properly utilized? That the incentives would be setup to make them boost "growth"? Maybe it's part of the issue, but how do we know it's the main one?
@@donpetrossi It wouldn't. Iranians think they're the laziest people in the world, and that stereotype would absolutely be confirmed if you walk into any government office in Tehran. Yet when they migrate to developed countries they work very hard.
@@beback_ yeah that's what I was thinking. Brain drain implies all the skilled people leave, which impairs the country by leaving only unskilled people. While I'm sure most skilled people want to leave, not all of them can, which means you still have lots of skilled people unable to realize their full utility or potential due to the other limitations in Iran like corruption and sanctions, etc. So seems like brain drain is a secondary issue..
I think there is a lot of educated and good quality people in Iran itself, only that they have no money to get out from the country.
and rest of iranians are not? lol
The odd thing is Iran does shine a bit with its transport infrastructure. Tehran has a subway system to rival many East Asian or European cities, and is also building out more subway and light rail systems outside the capital. It's also constructing high speed rail and building new airports and road infrastructure. It gets around sanctions by using a lot of Chinese technology and labour.
be in bed with USA or China.....No third option for Iran right now
Can confirm Tehran metro is pretty great. The only project imo that this regime has done a decent job of.
@@beback_ I also love the logo, it looks like some alien sigil out of an 80’s sci-fi film!
What kind of transport infrastructure?
How many kilometer of High Speed Train?
@@rezai7703 How many countries have HSR? Not even the United States......But Laos has one.....
Guess they could never say that "Iran out of resources..."
It’s all about corruption and supporting te-rr,orism and maybe 30% sanctions
Even if bond yields are increasing while stock prices are decreasing, the markets are still skeptical whether the Federal Reserve will stick to its goal to raise interest rates until inflation is under control. While I'm still debating whether to sell my $401k worth of equities, what is the best way to profit from the present down market?
Focus on two key goals. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns. I recommend that you seek advice from a CFP.
@Margaret Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
@Margaret
Cash baby.
@Margaret Nicole Desire Simon makes all her financial decisions by throwing stuff at a dart board, when I realized I could do the same thing for free I took back all my positions and sued her for negligence. Now she escaped to Argentina and I can't get me money back!
Would be VERY interesting to see Chile been analyzed, considering: current crisis in terms of political uncertainty (constitutional change on its way), but also having HUGE potential on key industries for the near future: copper (largest industry in the country, and main producer worldwide), lithium (on path to match copper) and green hydrogen
Didn't you guys elected a communsit govt?
No benefit if locals don't get jobs.
Iran Become 1st Lithium Reserve of the World
Chile isn't 1st anymore
@@JitzyJT There's many Governments that lean Left without being Communist. I'm Australian. We recently elected a Labour Govt that derives its power from Labour Unions. Virtually every member of the Government is a member of a Labour Union. But we're definitely not what you'd describe as Communist. That said, nearly all our Parties are Left of America's two Parties. We're not giving up Universal Health Care and a $22 an hour Minimum Wage. Both of those things would be non starters in the US.
I thought Chileans voted against the constitutional change.
Usa should lift the sanctions
The top priority of every Totalitarian Regime is to save itself from falling apart which costs almost every kind of national resources.
It took me 3 attempts to watch this video until the end. It hurts so much especially when you go there and see how kind and welcoming the people are.
Are you Iranian?
I'm Iranian and I love your channel. Thanks for this video!
get rid of the shia so you can fix your country
I am Iraqi
“If you want to be rich, don’t allow yourself the luxury of excuses.” - Robert Kiyosaki
Stop quoting that fraud
Amazing video
economic explained videos are not emotional but this ones brought tears to my eyes even though I'm not even Iranian 😭
Thank you❤
Du musst for dich weinen 😂😮😅
Im looking forward for an episode on Ecuador. It uses the US dollar as it currency and relies mostly on oil exports but it has a wide percentage of it population on the verge of poverty. Its just a very interesting case.
I love your channel 😍❤️
Makes my tears flow
2:54 Iran didnt chose to go to war, Iraq invaded them not the other way around
All the resource rich countries from likes of iran, iraq, venezuela, aghanistan, russia and many more were plagued with one disease...
USA 😁
@Parsa_afshar Yeah but they still didnt choose to go to war
@@onkelreje173
Supposedly they were financing a Shia uprising in Iraq prior to the war ?
I'm not sure.
@Parsa_afshar my point still stands THEY DIDNT CHOOSE IT Iraq wanted oil and was scared of revolution BUT Iran DIDNT choose to go to war it was DEFENSIVE
@@imaginaryfriend1 bullshit, west wouldn't give up. iraq was a puppet i diot lol
As one Iranian said "In 1979, only reforms were needed, not a revolution! Today, we need a revolution"
than go get it what are yOu doing here 💩💩
Perfectly put
Judging by the rough neighborhood complete with all sorts of foreign intervention I'd say they are still doing relatively well. They are now the strongest militarily and diplomatically in the region.
The Shah's regime was also just like that. How did that go for them?
@@souvikrc4499 No actually it wasn't. How was it "just like that"?
@@waverunner7063 Iran during the 70s was rapidly growing its military might, and yet it wasn't enough to save the Shah
The Infrastructure like Railway, Roads electricity erc are surprisingly well run and All basic goods available for all
I’m Iranian and I watched this whole video with tears in my eyes…
Use some tessu😢😢😢😢
American sanctions make Iran economy week
@@MAN-li7so tessu💀💀
You mean tissue?
I feel u bro
Thanks for the awesome content and great videos
Iran is not a country, it’s a jail.
Israeli bot
@@lw1xwyd828????
@@lw1xwyd828Regime bot
Arab worshiper @@lw1xwyd828
I watched it after the algorithm suggested it like, 14 times.
It does appear that politics place some of the greatest limitations on certain nations. What makes this even worse is how inter- and intraconnected economies are to the point that it creates so many variables that either harm or enhance potential. If and how Iran lives up to its potential will be interesting to see and hopefully be resolved with the least damage to people and their livelihood.
A real shame indeed, hopefully one day Iran would have a better, politically free political model and a high-income advanced economy with good foreign relations with every other country in the world.
As long as the United States is as powerful as it is, that's not going to happen
Because he will make sure that it will always hold back growth, either indirectly or directly well, pretending like nothing is happening, and they are the good people and the free people
And I am glad that what you wish for will never happen. It is impossible for the Iranian regime to establish good relations with terrorist countries in the world such as America, Israel and Britain just because a mindless person like you wants to. It seems that you have reached a degree of degradation. You love to live at the mercy of others, to be humiliated and humiliated, just so that you can find a living, and this is what honorable people will not do.
Authoritarian governments rich in natural resources have little insentive to have a generally strong economy. They just need to have control over the natural resources to also have the economic upper hand. In a diverse economy they might get opposition by other growing enterprises.
It's the resource curse in action.
As one of the millions of unemployed Iranian youth, this video was very sad for me. I hope this religious regime will be overthrown so that we can see better days in Iran and Iran's economy.
how do you sustain yourself if you're unemployed ? how are you able to pay for english lessons and internet ?
@@user-kg7zr3yl3n Sometimes at the age of 25, I get financial help from my parents, should I explain my pain and misery more?
@@AliAliAliAli062 overthrowing the government is not the solution for the current economic problems. US sanctions needs to be lifted which is unlikely bcz of US just don't want a strong Iran.
@@night_wolf9734 Do you Live In Iran?
So you know nothing about Islamic regime, our problem isn't just economic.
On the other hand, the US sanctions against the regime are in most cases completely correct for weaken this regime so that the people can change the regime and have a free economy in the next government, but the repressions and killings of the current regime have postponed this overthrow for the time being.
Just out of curiosity when i was younger (22, so an adult) i rented for 3 weeks a mp3 Farsi learning audio book. I was amaze at the progress i was making 😳 if Iran was able to reach at least half of its potential, people will be learning their language too. Even just to travel.
come to Iran it's safe & sound like you've never seen before
@@mostafakhademi4654Yeah, right. Killing teen-agers on the street for bad hijab and gassing schoolgirls sounds like a lovely safe country. Don't lie. And don't think I am some westerner spreading lies. I am married to an Iranian and have friends and family there. I am kept very well informed about the truth of what goes on in Iran.
"But They Don't Care" has to be the biggest understatement in the history of TH-cam titles.
Iran also had the chance of good politcs. But CIA
Iran could have been the next South Korea or Japan or even Germany. Their talents are pretty much limitless and not for one particular system either. It can go for the best of both worlds even. Such a missed opportunity.
I remember seeing images of Iran from 70s and 80s a while back and I couldn't believe it.
We the gen Z of Iran cannon believe it neither. People with the help of global super powers overthrow the Pahlavi dynasty and brought in the terrorist Shia Mollas to end the 3500 year civilization.
Iran is close enough to India to make sea bound CNG much cheaper than LNG. Given the small footprint and construction time, India could take 1/3rd of Iran's entire production (future) once the sanctions are lifted.
Heck, the benefits might even be worth the risk already. I would not mind looking the other way if it means India get the major buff.
All the resource rich countries from likes of iran, iraq, venezuela, aghanistan, russia and many more were plagued with one disease...
USA 😁
@@normanclatcher just like how the west is starting to look the other way on India buying cheap (not so cheap if you ask me) Russian oil and exporting the refined petroleum product back to the hypocrites
No dearth of oil and gas resources. we are living in an artificial curtailed supply market otherwise oil is not even worth $10 per barrel if all supply hit market
It’s the common sense thing to do. But this government doesn’t want what’s in the interest of Iran, they prefer to use Strait of Hormuz as a political weapon to threaten their neighbors and the west so building a pipeline to India would make this threat meaningless. It would benefit the regime economically but it would remove one weapon from their arsenal.
Depends who "Foreign investment" is.
Some people, you don't want in your country regardless of how much capital they have.
I think one of the major reasons why Iran's economy is a total mess is because of lack of proper economic planning
Its because of crippling western sanctions that stop Iran from achieving its true potential
There's no economy plan... Bonaduce and the politicians are stealing all the money the country makes... and in reality the gdp per capita is less than 2k
Im sure you are son of javad khyabani 😊😊😅😅
It’s because U.S purposely put this type of regime in place.
And surely not because of the islamic authoritarian state
It would be interesting to see some Latin American countries covered on your channel mate. There is even the potential for a video covering the cyclical issues faced by the vast majority of Latin American countries and their economies.
I'm an American, I have a huge interest/respect for Iran (I always think Persian) culture. I'd love to go visit and to see Iran prosper. Sad to see human/nation potential being squandered
Sanction is a weapon of mass destruction!
Sanctions, war and coup are three things that America pursues in its foreign policy. It has nothing to do with the opposite country. With a lie, they can attack Iraq, sanction Iran with a lie, and stage a coup in Venezuela with a lie!
The US just wants to impose its orders on other countries! By war, by coup or by sanctions! The truth is, he doesn't care how many millions of people fall victim to his wishes.
Welcome
But IMF ranks Iran as 22nd in the world, NOW! just GOOGLE it. Iranians love Americans too.
@@OshinAttari that’s not our flag
Iran is run by a dictator, that’s hates America, hence for your own safety, I’d avoid it if I were you
You just analyzed the economical part , not the political part.
Yes you right but it could be more unsustainable. But now were growing step by step and it won't collapse i think its better
I'm a 23 year old iranian citizen and i find your researches accurate, even you yourself had to in-reason non-related economy issues that lead us back here, as a patriot my heart is shredded for our people
change my mind but america is actually the best ally iran could get, look at russia and china with their borders so close to us that are threats, even compared to Europe.
imagine all those you said and add azerbaijan,armenia,turkiye,afghanistan,turkmenistan,pakistan,iraq,bahrain,tajikistan and Georgia , true great-iran's lands :)
Correction: it was America who broke the nuclear deal with Iran you said it was Iran
It was Iran 🙄
They BOTH lied.
I really find it interesting. Many sources say iran is in the 20 largest economies in the world, others say it is one of the smallest. Iran itself doesn't issue a statement and seems to prefer it to remain unknown. I can only think of the fact that rampant corruption and lack of correct regulations have gone as far as to make it completeley impossible to calculate accurately, and the government definetely seems to be profitting the most of this, as the lack of transparency is helping them to make billions personally, as well as not letting their ennemies know what is going on exactly, and therefore keep telling their population how sanctions are the reason they are currently broke. However I must admit that from the places I've been to, Iran is more developed and more industrial, with higher living standards than what you would expect from a country like it. There is definitely a bunch of capital floating around, sanctions seem to have their effects as well but corruption seems to have a greater effect.
Issue is it should be a 1-5 trillion economy that is now a 300 billion economy because of bad government. Iran should be the south korea or germany of the middle east(at least) but they hv turned it into north korea of middle east!
@@eljangoolak it could have been close to 2-2.5 trillion with the vast resources and more importantly it's educated people.
Saudi also has oil but it's people are not that good in scientific education as that of Iranians .
Iran is the world's 18th largest economy by GDP. However, when you calculate it per capita, it's a different story.
@@jaimelannister141
No , it is not 18th.
Nominal GDP of iran is 370 billion $ , it is far away from top 20 economies.
On 18th we have Saudi Arabia who economy is close to 1 trillion $
@@sidy6526 The nominal GDP of Iran cannot be correctly calculated due to the fluctuations of the US dollar in their free market. And honestly, the concept of nominal GDP is quite meaningless when you don't intend to exchange goods using US dollar. The PPP GDP of Iran which is what matters is about 1.8 trillion dollars.
Best freaking video I've ever seen
The first image you used is Istanbul i believe. Not Iran. It is like putting a photo of Eiffel tower while speaking about Berlin
“He would see the kingdom burnt to the ground if he could be king of the ashes.”
This quote from A song of Ice and Fire applies equally well to the Ayatollah.
#0:49 - Land, Labour, Capital
It also needs:
- Stability
- Laws that protect private property
- Free market
Great video!
Please, do Chile!!
It’s so painful to leave in iran because every single day there is inflation is crazy cars are 20x expensive that cars in Europe .houses are 50x more expensive that a average home in other country’s and 70% of are population gets around 250 dollars and because of this that makes having family’s are way harder since houses are so expensive furniture even more and that for a average family that live in iran it’s so hard to live at the same time if you have really good connection with the government it’s easy to get rich and leave here
Persians are high IQ historically speaking. Most of the scientists, scholars and inventors during the Islamic golden age were Persian.
Who's low IQ, historically speaking?
Iran has one of best brain power. I am an electronics student and I find many papers related to my field from iranian origin scientist. My Phd. guide is also going to be an iranian origin madam😅
Make a video on Myanmar’s economic potential!
Bonyad or Bunyad means foundation or basic. Since Persian was language of courts in India during middle ages and early modern times lots of Persian words are there in our vocabulary.
Persia is awesome.
My grandfather worked Iran during the 60s and he shows me pictures and tells me stories about the people and the country. Such a shame what happened to the country.
you mean the western economic terrorism aka sanctions? yes how unfortunate
Ahhaah funny joke
Iran was way shittier under the Western puppet dictator
Where are you from?😂
What happened? Are where is your grandfather from?
Man I'm lucky af my mothers irish my dads american and I was born in switzerland I am the top 3 of the Economics Explained Leaderboard yet i'm still broke.
😂
Living in Switzerland does that for you....
@@Sum_Ting_Wong I'm so broke I don't even live there anymore
@@Sum_Ting_Wong if I was still living there I'd be getting at least 3600 a month living with my dad
😂😂😂 that made me laugh!
The King of Iran did say that in around 20 years, we would pass Japan and many developed countries with his plans but as Carter said in a video, He will not allow Iran to do so and made sure the King would leave Iran and helped khomeni get in power.
Absolutely. Most people in the west don’t know this fact.
You are great.
You can't discuss Iran's current circumstances, under the rule of a murderous mafia, without remembering that it used to have three progressive democratic governments during the past 80 years, all of which were toppled by the British and the Americans; Reza Shah, Mossadegh, and Mohammad Reza Shah.
Many countries don't even get a single chance. The Iranians had three, and all were taken from them for the Western nations' short-term economic gains.
And soviets... Don't forget they invaded Iran during the WW2 Along with the Brits.
@@AaronVanWolfenThe situation with the USSR has little to do with what the west did lol The ussr invaded to mantain the passage of the lend lease not for some oil
Yup. And then the collective West tells them they can do better 🙄🙄🙄🙄
Chill this channel is about pointing out how the West needs to mind their business. No borders for US but start wars for some other countries border smdh
What are you talking about they were all dictators and brutally tortured and killed their own citizens.
Iran and DPRK have become frightening counterexamples to the assumed correctness of modern economic philosophy. People just sorta take it a a given that being a wealthy _country_ is desirable and necessary, and that is how you rank them. But today we can clearly see that even with sanctions and a poor economy, the rulers of a country can still a life of wealth and privilege... so from their perspective, a big economy doesn't actually gain them much and isn't all that important.
I understand your comment, great job. The dude says, "They don't care" so many times, it really sunk in. I agree.
@@Redmenace96 The elites only care about maintaining their wealth and power, at the expense of everyone else.
Wealth is not seen the same by everyone, also how you manage/spend/occupy it, even the idea of needing wealth is not an a standard thing. You will be surprised how others don't think like us
If corruption is the problem I wonder how strong a link there is between corruption and how people are raised and what they believe?
My impression about corruption in, for instance, Afghanistan is that it comes from the tribal mindset: A much stronger focus on family above other people compared to nations with less upper class corruption.
Am I thinking in the right direction here?
The situation in Iran is a tragedy for all of humanity. Not only in an economical sense, but also in a cultural sense. Iran is probably number one on the list of countries I would want to visit, but as a European, it is just not possible. I hope that the brave people of Iran can get the leadership they deserve at some point in the future.
Your a European, so please keep your wishes in Europe. We don’t want them with all due respect. Once you lift all the sanctions on us we can wish things on each other.
Sure u can visit. Europeans even without a mandatory tour. Not as US americans
You can visit just fine. You will have no problems. Just wear scarf if your female.
It just shows how propaganda has affected your perception. Did you notice the video said the fastest-growing economy in the world until 2012? that's most of the period post-revolution. Did you ask why it changed in 2012? What happened that year? .....January 1st, 2012, Obama sanctions began cutting Iran's central bank from the rest of the world for the first time in history. NOT MENTIONED in the video. And it marks the day De-dollarization began. Huge mistake by the US government.
No if you are from the USA you could get picked up by the cultural police for some nonsense. Then it will be all politics and trades and a nightmare.
Another great vid! Can you do the Philippines next? The last one featuring it didn’t include the leaderboard yet
Marcos Jr. will make the philippines a supah dupah rich country, richer than Singapore even.
Iran govt thinks if they keep people poor, they will not surprise against them