A 20-story shopping mall on Mirdamad Street in Tehran — with about ten people walking inside it.
This isn't a forecast. It's footage arriving from Iran right now: malls completely empty. No business is possible. A unit that rented for 130–140 million toman is being repriced at 280–290 million. Numbers detached from any economic logic.
And the governing logic matches: "The Strait of Hormuz belongs to us" — the tone of neighborhood thugs from a century ago. The consequences are measurable:
◾️ Regional asset values collapse
◾️ Investors stay away
◾️ Capital stays away
◾️ Talent leaves and never returns
What's left is a state and an impoverished population it can keep beating down.
The part rarely said out loud: who actually owns these towers and malls? The very institutions that engineered the collapse.
Save this clip, revisit it in two months, and tell us in the comments what the markets look like where you are.
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