Category: Lebanon

Lebanon: before the chaos begins

February 3, 2021 0

  Many countries have decided to no longer use their own currency but to adopt the American dollar as the standard means of exchange. For certain poorly managed economies, and for all countries ravaged by corruption, dollarization is often that last resort to avoid bankruptcy. Economic actors and consumers are always the first to anticipate…

By Michel Santi

Keynes to the rescue for Lebanon

February 7, 2020 0

  When all is said and done, bankruptcy is nothing more than an accounting phenomenon, and growth is a matter of confidence. Otherwise, why would the Bank of Japan be the sole proprietor of half of its national bond market and why are its holdings in bonds and shares in the country reaching 100% of…

By Michel Santi

Lebanon: a new race of leaders

November 20, 2019 0

    To understand the events in Lebanon that have taken place over the last month, it is vital to have an idea of the country’s debt structure. In other words: the analysis of Lebanon’s public and private debt allows us to better understand this socioeconomic crisis. In fact, Lebanon is renowned for distinguishing itself…

By Michel Santi