That is the best word to describe the current situation in Iran. The benefits of more open trade that were supposed to accrue to Iran never materialized for two reasons. First, government representatives hoarded the upfront cash payments made to Iran when the deal was inked rather than distribute them to the people. Without “hard currency,” imports of food and other essential products fell, causing angry protests to erupt in the streets. If that happens, Iran won’t just have an internal political crisis; it will have a dangerous geopolitical one.

Source: Forbes September 02, 2018 15:33 UTC