The main risk of Iran's economy; Why is "uncertain normalization" more dangerous than war? Alireza Sultani; Analyst on economic issues With the approach of the mid-term elections in the USA and speculations about the possibility of a military conflict, the question arises whether the main risk of Iran's economy is the outbreak of a widespread war? The answer is not necessarily positive; Because a deeper phenomenon than the war, namely "uncertain normalization" and constant waiting for the next shock, threatens the country's economy. In this situation, the currency, gold, automobile and capital markets adapted to the high-risk environment and became a place to price the possibility of future shocks. Intermittent government interventions and coin injection are unable to remove the source of instability. Experience shows that a temporary cessation of attacks or the establishment of a ceasefire does not mean an end to economic shocks, and the markets maintain the possibility of the return of the conflict. The greatest danger to Iran's economy is that in the interval between two wars, uncertainty becomes a normal situation; A situation in which production, investment and livelihood remain aside for years, and it will be very difficult to restore economic capabilities after the tensions. Full text of the channel.