@iHady_ I’ve been following Lebanon’s corruption and economic collapse since 2019, including listening to countless economists, panelists, and experts. In nearly seven years of following this crisis, I honestly don’t think I’ve heard anyone explain it as clearly as this.
@LebanonOnNews How legitimate is your source? There is not much to find regarding this news! Is it a rumor, or do you have actual/factual proof of such remarks?
@LBCI_News_EN@LeaFayad@yasmine_jaroudi You want to restore trust and confidence? Start with paying people back their money! Start with introducing legal capital control that makes sense! Start with tightening up your borders so people can't take bulk funds outside Lebanon. Small depositors will not build your economy
@SaadR_Biz@riachi_jean Easy! You secure the borders, plain & simple. You pass a bill that lawfully allows people to only carry 10K when travelling (maybe less in the beginning phases). Set programs to allow people to buy locally, and encourage people to invest locally in real estate, other local assets
@riachi_jean Antoun Sehnaoui is the first person who should be investigated - Even before Salameh!
He has over 15 billion of the depositors savings abroad. That's considering he didn't spend most of it on his luxury lifestyle.
@SWassaf@adk_rasha The book is Lebanon; the country as a whole! Here's to a new beginning! The same Lebanon that will replace damaged pages within the same book.
@Adaya77 Sounds reassuring ; however with the rate Netanyahu is going at, and getting away with the war crimes - I doubt it will make a difference. It's amazing how much one small country can get away with a Mimic of their own Holocaust. The Lebanese Army are just bodies at this point!
@iPhilBanks@thomasjuneau HizbAllah is no longer supported by funding capability like it used to be. They don't have the technology either. You're right, Israel isn't as powerful as the ground per se - however they have a lot more support behind them, and intelligence who are already in Lebanon.
@LalithaVelvet By law - if he is tried in Lebanon, all charges are dropped overseas, including Interpol. He's living in a 5 diamond hotel as we speak - not really someone who got arrested, and it doesn't seem like a legitimate conviction. Once again, he will win by corruption, as always!
@elonmusk@realDonaldTrump@KamalaHarris They gave him every chance to speak, as if his Mic wasn't muted - they would unmute. He had the last word 95% of the time.
@Mouniryouniss@CMPaso Mounir, it will be impossible to license new Banks, while restructuring old banks! The county's majority of depositors are in the old banks! It's just not feasible in a corrupt system like Lebanon. A bail-in is required, and even with that, there is no trust whatsoever.
@Mouniryouniss If it takes more than 5 years to come up with a solution- Then depositors are saying in their minds "The Fuck with you all". If I'm going down in depression, you motherfuckers are coming down with me! No trust, no confidence leads to corruption.
@ThisIsBeirut_ If it takes 5 years to come up with a plan, and possibly a "No Return" solution- Then I believe depositors are saying in their minds "The Fuck with you all". If I'm going down in depression, you motherfuckers are coming down with me! No trust, no confidence leads to corruption
@executivemag Fact of the matter is - it was 89,600LL when Salemeh was still holding his seat. They could do better today, but choose to plateau. Several economists have made excellent recommendations to economic reform for Lebanon, but let's be honest, The elite corrupt don't want to settle
@chalvarro @Harry__Faulkner Are you sure they are migrants? Not citizens, or PR? Maybe second Generation, born & raised in Canada? How exactly do you know that they are Migrants, and Syrian at that? The group looks diverse! You're a journalist, right? Shouldn't you do your research before publishing?
@RockyTheRe44006 @LREVENTON You do realize that technically everyone is an immigrant of a generation, unless you are first Nation, right? As in, I can share your statement and say, go back to where you came from 😂
No one will be sent home for as long as they have a PR/Citizenship! Same goes for you 😎