An economic predicament in a country rarely appears suddenly.

Looking at Iran's current situation: every step is squeezed into a narrow passage, and no matter the outcome, it only benefits certain people.

Let's first examine the economic fundamentals. The local currency, the Rial, has become de facto worthless; the market has long since voted with its feet. Food inflation has surpassed 60%, and daily purchasing power is evaporating. Government energy subsidies have been significantly cut, sharply increasing the cost of basic needs. The market has shifted from indifference to confrontation—merchants are reluctant to stockpile, and consumers dare not spend.

Once an economic system enters this vicious cycle, the window for recovery is extremely short.