[mike_hearn]

The Iranian economy is in a state of total collapse! That's not something to aspire to.

It's not good to be in denial about this. Even small amounts of US pressure would create chaos in Europe at this point. Multiple European countries are heading towards a major financial crisis entirely on their own, even without any US involvement at all. See e.g. the UK, whose debt is now much too large for even an IMF bailout to work. Only massive austerity of the type that makes 2008 look like splashing around in warm water will be enough to turn that around.

Europe is not independent. Even ignoring basics like oil and gas, the choices of the EU ruling elites in Brussels have, over a period of many years, broken any ability to create a competitive domestic tech industry (something very difficult even with China-style global cutoffs). Even if it was all fixed tomorrow it's far too late. Building a competitive domestic office suite is far beyond what the EU can achieve, let alone everything else required.

[embedding-shape]

> The Iranian economy is in a state of total collapse! That's not something to aspire to.

Right, I agree, situation is awful and Iran is struggling. But is it bankrupt? Did the US bankrupt much-smaller-than-Europe Iran overnight? Nope, so lets not be under the false belief that somehow Europe would be easier, that's backwards.

[AVocaloidFaN]

Yes, they essentially did, so far as civilians are concerned.

Most people can't afford food anymore. Minimum rent is like 40% over minimum wage (and most make only that much, including government employees). A lot of things cost 2x over what they did before the war.

I'm gonna quote a friend of mine that lives in Iran (though he's slightly better off due to family)'s comment on the matter: "When I go get a full bag of groceries and a kid is caught with a can of tuna under his clothes, crying, how am I supposed to feel good about having money"

[mike_hearn]

The word bankrupt loses precise meaning when applied to countries that can print their own currency, as Iran can. It just means something like "collapse with hyperinflation". Iran is in a state of collapse and experiencing hyperinflation. That's what bankruptcy looks like for a country.