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TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

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(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

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Featured Post

Restored Republic via a GCR: Update as of Aug. 23, 2017

Restored Republic via a GCR Update as of Aug. 23 2017 Compiled 12:28 am EDT 23 Aug. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Sunday, July 30, 2017

Iran: Economy about to Collapse, Key Banks go Bankrupt

Iranian economy about to collapse as key banks go bankrupt



30th July, 2017

Thousands of Iranian depositors have recently sought to recover their funds from key national banks. This comes as the ghost of bankruptcy is prevalent in all banks of the eighty-million Shiite country.

According to western reports, this crisis will exacerbate once the new US economic sanctions on the Mullah's regime are put into effect.

Western sanctions

Three days ago, US Senate overwhelmingly passed a bill that imposes tough and additional sanctions against Iran along with Russia and North Korea.

Such sanctions are the newest among a series of tough sanctions against Tehran for sponsoring terrorism worldwide and destabilizing the Middle East and Arab Region.

On July 1st, a ban went into effect that prohibits the 27- members European Union from purchasing Iranian oil or insuring oil tankers that carry it.

Earlier, Washington put sanctions on foreign countries that buy Iranian oil.

Bankrupt financial institutions

Recently, Iranian police have brutally attacked Iranian depositors who recovered their funds from Tehran-based Samen Alhojaj financial institution.

Iranian news agency reported that the multi-branched institution has closed branches and gone bankrupt.

Samen Alhojaj administration issued a statement to deny the reports, but in vain.
other key institutions failed to return investors' funds.

Two-digit inflation

Spiraling inflation is currently felt by ordinary Iranians like never before.

Due to the western sanctions, Iranian market has been moaning under disrupted supply chains and higher operating costs.

In late June, Iran's Central Bank put inflation in the country at 10.3%; a two-digit increase in the index.

The prices of basic commodities rose 30 percent and the price of vegetables galloped almost 100 percent.

Iranian analysts confirmed budgets were being stretched thinner and thinner, and people were seeing the value of their savings quickly disappear.

Looming demise

The economic sanctions have dire consequences on the country's political arena.
According to observers, Iran's pressing economic crises along with its shaky internal front will reflect on its theocratic political regime.

They added Tehran was experiencing the same sufferings the USSR lived before its demise in 1990.

As a result, the Trump administration is working to secure a peaceful transition of power in the ironclad theocracy.

In a recent testimony before the US Congress, Secretary of State Rex Tillerson has reasonably affirmed that his country should “work towards supporting those parties inside Iran that would lead to a peaceful transition of power.

Source: Economy News

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