The Slack Investment Market is Plot of Enemies

Arash Hassan Nia, Rooz Online:

Tehran's stock market has reached a critical point. The nightmare of reaching four digit indexes has turned into reality. Months of futile efforts to find temporary relief such as annulling trade deals, or the occasional pretentious warnings of the conservative economists on corruptions in the stock market could not save Tehran's stock market from drastically falling to four-digit indexes reflecting extremely low stock exchanges.

The harsh but factual picture of Iran’s economy is far more obvious than the illusionary plots that are dream up in the minds of conspiracy theorists. The harsh reality of the four digit exchange index of shares in Tehran's market that does not recognize any laws and regulations will hit these theorists hard. They may have achieved some successes in cultural, social and political issues but the economy is a completely different story and has different dynamics.

Tehran's stock market has turned into a mirror reflecting realities of an economy that is highly sensitive to almost every sentence that is uttered by senior politicians in Iran. These days every sentence that they speak removes the last pieces of hope for foreign investment in Iran.

With a 26% fall the stock index, the World's Federation of Stock Market has named Tehran's market as the world's market with the most losses during the last 12 months ending September.

Farhad Rahbar, head of Iran's Planning and Management Organization and the economic brain behind Ahmadinejad's government has recently denied any critical economic problem in the country and has linked the recent issues in Tehran's Stock Market to a psychological war waged by the government's imaginary enemies. He believes that Tehran's stock market has no problems. READ MORE

Perhaps asking these simple questions from imaginary socialists one would be able to find solutions for the economic crisis that the country is seriously facing:

• How much of the new government's policies on Iran's nuclear program have played a crucial role on the economic indexes and levels of investment?
• How much of the deteriorating condition of Iran's economy and the market is associated with the drastic change in the political and international discourse that is going on in Iran?
• How have decisions to ignore economic recommendations approved by sensible economists and adopting bias and ignorant measures for the economy impacted investors?