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Lebanon Financial Crisis Explained financial crisis 2008 explained



Lebanon Financial Crisis explained…

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What You Will Explore In This Video:

Lebanon is facing the greatest crisis this small country has ever seen!

This situation is expected to worsen, with no fresh dollars in the country! The local currency is expected to devalue more.
Inflation is expected to rise.
Both private and public sectors are suffering, thousands of Lebanese lost their jobs and the unemployment rate is skyrocketing.
The number of Lebanese living under the poverty line is increasing dramatically.
The absence of dollars led to a shortage of fuel and medical devices.
Lebanese citizens suffer daily power cuts varying from 3 hours to 6 hours!

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Thousands of talents are preparing their bags to leave Lebanon…

What is the reason behind the Lebanese Crisis?

Why Lebanese people are not being able to withdraw their money from the banks?

Why Lebanon is facing the BIGGEST TUMULTUOUS CATACLYSMIC FINANCIAL CRISIS the country has ever seen?

Watch this video to know more!

#Lebanon .

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45 thoughts on “Lebanon Financial Crisis Explained financial crisis 2008 explained”

  1. In Lebanon we can't go to school not bc of covid, but bc of no gas for the school buses and everyone is super poor to pay for schools bc of the dollar. And if we wanted to do it online. We have no power or wifi, thank God we are Canadians/Lebanese but now we are stuck here and my dad is there working

  2. I'm not saying keep your entire life savings in your mattress, but definitely don't keep everything in the bank, regardless of where you live. There are plenty of water-proof, fire-proof safes you can buy on amazon for less than $50.

  3. Lebanon in 2021 is pure chaos after the explosion the major financial crisis this video is a very good explanation but Lebanon is way worse in 2021 and now the main problem is the president and the people working with him they are stealers they legit steal money from banks and now life savings put in bank accounts are all gone due to them stealing the money.

  4. I think it’s just the beginning. It’s all part of the process for a one world currency. It just so happens to start in third world countries..Venezuela, Lebanon etc

  5. This is heartbreaking. Lebanon is such a great country. The Lebanese people deserve decent and quality living standards, healthcare, education, and security. They have suffered for way too long. When will this misery end?

  6. I really don't see any hope for Lebanon. Lebanon doesn't make anything. It used to live off secret banking, but banking is an institution based on trust. That trust is gone. So now there is nothing.

  7. Venezuela is a different case from lebanon. For example a lot of the political instability in venezuela comes from the usa's constant meddling in venezuela's politics as well as the economic sanctiins imposed by the usa. We need to be careful about lumping examples together because often times the same results are produced by differing issues.

  8. Currency collapse is happening worldwide, and it will destroy all of us, but God is in charge forever. Look at Lebanon, Venezuela, USA, etc. etc.

    We can lose material stuff in seconds, and the bodies, that protects our sou.l Living here is a test from GOD. You are on team God, or team satan. Your actions speaks louder than words. You will reap what you have sown. Put a d before anger, and you get danger. Evil and heartless cowards kill unarmed people.

    Karma never loses an address.

  9. LebaNon finsihed&coLLapse at 12 ApriL 1975 ! Not Now ! FRANCE is so guilty like ALGERIA situation&role….After the Beirut Port bomb there is a Macron show& MONEY PROMISE and lots of promises to LebanoN…….Where is the FACKRON-MAcron now….where is the Lebanese peoples money at French banks Societe GeneraL-ceder-Fransa banks !!! is it that easy to say politics FaulT :)))) WHERE THE HELL IS THE LEBANON MONEY !

  10. The situation in Lebanon sounds similar to the Weimar republic, except the politicians in this contemporary case had historical precedent and knew exactly how to mould the situation into a ponzi scheme while they pulled the wool over the citizens' eyes. There is of course the political void waiting to be filled….

  11. A public blockchain financial system, based on local government. if the problem is transparency a descentralized system could be a good solution and can develope a new dimmension for genereate value.

  12. Thank you for this well explained video, i'm lebanese myself, and i have to write a report about the latest happenings in my country for university. So i really benefited from ur video. Thank you!

  13. Great video just 1 thing I'd like to correct is the fact that even before the economic crisis Lebanon's electricity used to be available half of the time i.e. 12 hours/day now after the crisis it's worse

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