'Death Spiral': Iran May Be Near Tipping Point, Says WSJ
Iran's economy is in severe decline due to a naval blockade, war with the U.S. and Israel, and internal mismanagement, leading to soaring inflation, currency devaluation, and widespread hardship. The government has attempted to mitigate unrest through subsidies and wage hikes, but experts warn of growing political instability as public discontent mounts. With the rial hitting a record low and no clear successor to Iran's supreme leader, the regime faces increasing pressure both from the population and within its power structures.
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'Death Spiral': Iran May Be Near Tipping Point, Says WSJ Ed Morrissey 10:40 AM | April 29, 2026 AP Photo/Vahid Salemi, File If Iran hasn't hit its economic "death spiral" yet, it's not for lack of trying – by the US, and especially by Iran's regime.The war and the naval blockade have sent Iran's economy into a collapse, the Wall Street Journal reported a couple of hours ago. Those factors alone have put more than a million people out of work as inflation rages and supplies can no longer meet demand. The IRGC has gone on a spending spree to contain the political damage, but as anyone could predict, that has made the situation even worse. Military dictator Ahmad Vahidi now has to hope he can outlast Donald Trump's strategic patience ...
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