Thread by @rami_kiwan

#Lebanon's successive governments' policies to buy time have inflated the cost to unsustainable dimensions. Here's the harsh truth: Crisis will be only solved through one or more of the actions below:
- Devaluation
- Haircut
- Debt restructuring
- Combination of the three.
#لبنان

Crises happened before and will happen again in the future. The collapse is not the end of history. But, one issue is largely more important: How to build our nation following the meltdown and what basis do we want to restore the State, economy, and society.
#Lebanon #لبنان

What I like the most about this one is how the BdL actually believes this recession is triggered by a slowdown in aggregate demand, so a reduction in interest rates (on deposits and loans) is enough to revive the economy.
#Lebanon #لبنان__ينتفض bloomberg.com/amp/news/artic…

Central bank Governor Riad Salameh is a joke and shouldn't get much attention. The imminent and major danger comes from the sectarian oligarchy that has been ruling for 30 years (although with new faces since 2005).
#Lebanon #لبنان__ينتفض

Don't be fooled. There will be no solution under this system. We have a once in lifetime opportunity to rebuild our nation on a solid basis away from sectarian forces. A nation that cherishes the individual and protects the most vulnerable.
#لبنان__ينتفض #Lebanon