Iran on the brink of economic collapse

A prominent Iranian economist in a letter meant to reach Supreme Leader Ali Khamenei has said that the Islamic Republic is in the final stage of its downfall.

Mohsen Renani, a professor at Isfahan University, says that he gave his paper to former foreign minister Mohammad Javad Zarif to hand it to Khamenei some two months ago, but after a while Zarif came back and said he was unable to deliver the letter to Khamenei. Renani decided to publish it on the social media platforms Telegram.

In the letter he argued that the downfall of any entity or political or social structure has four stages, and its collapse happens with the fourth stage. He further argued that the Islamic Republic is now at stage 4 and it is not quite clear for how long it can resist the collapse.

Furthermore, Renani warned that attempting to bring about a revolution from the top to avoid the downfall will add to the probability of a collapse.

According to Renani, the downfall of any institution or government has two dimensions and four stages which take place one after another: The first dimension, is the subjective downfall which includes the two stages of collapse of efficiency and collapse of competency. 

The second dimension, the objective downfall, consists of the two stages of collapse of symbols and collapse of structures.

Likening the society to a family, Renani said that the subjective collapse takes place when one or both sides are disappointed by the other and their emotional relationship collapses like an emotional divorce. 

But when the family really collapses, and a separation takes place there is an objective collapse or a legal divorce. Now the members of the family have realized that the father figure is not capable of solving the family's economic and social problems. Then his competency collapses.