:who-did-this:
The report blames Lebanon’s financial elites of perpetuating this system for decades, causing the country to accumulate debt “beyond fiscal needs” and maintaining the influx of new deposits at a fixed exchange rate.
This, in turn, “permitted excessive consumption, generating an illusion of wealth.”
Lebanon’s economic collapse has left depositors with no access to their life savings, and has caused the local currency to lose more than 90 percent of its value.
Earlier this year, the UN accused the government and central bank of “human rights violations” for creating the conditions for this crisis.
Any and everybody else the world over seems to recognize the Economic Terrorism of Wall St as being the fundamental reason for the destabilization of the world and dysfunction of all government.
Why the fuck can’t we get an international symposium with legal and enforcement teeth on this?
