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What is happening in #Lebanon?

A thread about 🇱🇧
from an economic point of view.

Keep checking for future updates. Image
To read any past, present, or future economic event:
- don’t listen to the noise
- stop to breath
- zoom out to look at its history
- look for correlations
- look for similarities with other economies
- study how can #bitcoin be helpful
🔸Why was Lebanon known to have been Switzerland of the Middle East East in the late 60s to the early 70s?
👉🏼1 USD was worth 2.24 LBP (Lebanese Pounds)

Reference: LBP/USD exchange rate history is on the Lebanese Central Bank official website bdl.gov.lb/statistics/tab… Image
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