OVERVIEW
MANAGEMENT
PERFORMANCE
POSSIBILITIES
CAPITALS
ACTIVITIES
ACTORS
BURGESS
|
LEBANON
CRISIS Jsoe-Blogs: LEBANON - WTF is Going on? 264% Inflation, Debt Default, Currency Devaluation, Banks Shut, IMF Deal Original article: https://www.youtube.com/watch?v=9nykavHyGi4 Peter Burgess COMMENTARY Peter Burgess | ||
LEBANON - WTF is Going on? 264% Inflation, Debt Default, Currency Devaluation, Banks Shut, IMF Deal
Joe Blogs
282K subscribers ... 126,466 views ... 6.1K likes
Apr 30, 2023
#collapse #russia #lebanon
LEBANON is in a state of Total Chaos. The Economy has COLLAPSED with Inflation now at 264% and completely out of control. Lebanon DEFAULTED on its Debt Obligations in March 2020 and over the last 3 years the situation has got much worse. Lebanese Banks are REFUSING to allow customers to withdraw their money and have shut their doors after numerous HOLD UPS. The IMF have agreed a $3 BILLION Bailout Deal however no money has been released as Lebanon needs to introduce a variety of reforms. The first of these was the recent DEVALUATION of the Currency which has led to further DOLLARIZATION in the Economy. In this video I bring you the full story and discuss what is likely to happen in Lebanon in the next 3 to 6 months.
#lebanon
#collapse
#dollarization
#china
#russia
|
| The text being discussed is available at | and |
