To bundle this up and be understandable...around 10 to 15 years ago...Iranian businessmen started to trade currency for dollars, Euro, and UAE Dirham. Then they’d shift the money around to countries outside of Iran. Trust in Iran banks and economic policy was crap.
Years pass, and the Iran banks have less and less capital, and the Iranian currency is worthless (even the public comments on this). So even the smaller business guys got into this habit.
You go and talk about a jobs-situation, and it’s dismal. You talk about a public works project...with what money?
Some bought gold in Dubai, or condos, or just lumped it into international schemes. So if you needed bank loans in Iran, even for a house, it became impossible to arrange.
The open oil market idea? Well, prices dropped, and that strategy didn’t go anywhere. The Covid-19 crisis? Simply icing on the cake.
The mullahs are running a stagnant economy, with zero hope for bank loans, and marginal views of the future for the general public. If you had to pick an opportune time for a military coup, it’s the best time since 1979.
Bkmk
In my view, it’s only a matter of time before these economic conditions cause the mullahs to strike out against Israel to divert attention from the current domestic mess.