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Iran’s economy is facing at least three large imbalances. The most acute is in the balance of payments.

Already some candidates are whispering that they favor lowering the exchange rate (increasing the value of the rial relative to other currencies) in order to fight inflation. These candidates would lead voters to believe that they can have their cake and eat it too

In these times of frozen international credit markets and economic sanctions against Iran, the second option of foreign borrowing is less likely than it was in the 1990s, but the risk of state-owned enterprises racking up foreign debts using short-term credit from eager overseas suppliers is not altogether gone. This is precisely what they did in the early 1990s, which deepened the post-oil boom slump and halted Rafsanjani’s reforms. Anticipating devaluation and government bailout, these enterprises incurred $10 billion in new short term debt alone between 1991 and 1993. Their actions forced the highly anticipated devaluation of the rial by a factor of 27 during the same period and forced the government to accept this debt as its own.

By official estimates, there are currently 13 million to 15 million Iranians of marrying age; to keep that figure steady, Iran should be registering about 1.65 million marriages each year. The real figure is closer to half that.

The real estate boom was a disaster for middle-income Iranians, particularly young men seeking marriage partners. And many of those who have married and moved in with in-laws are finding that inflation is eating away at their savings, meaning it will take years, rather than months, to get their own place. The resulting strains are breaking up existing marriages — this past winter, local media reported that a leading cause of Iran's high divorce rate is the husband's inability to establish an independent household. Many others are concluding that marriage is best avoided altogether. (See the Top 10 Ahmadinejad-isms.)