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@lebaneselollar

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Dan Azzi

@dan_azzi

Dec 22, 2022

If I were Machiavellian — A Purely Fictional Thread

Disclaimer: Any similarities between actual people or events is purely coincidental. This thread does not represent anyone else’s view with whom I’m affiliated. Hell, it doesn’t even represent my own view when I’m sober.

Let’s say I had 7 months left of my tenure as Gov. of the CB in a certain fictional country in crisis, what would I do?

Step 1: I’d go on TV and do an interview with a friendly reporter.

Step 2: I’d make a radical, seemingly crazy, announcement that I will reduce the exchange rate to 15,000 in February and that I will unify all the exchange rates like the IMF asked.

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Dan Azzi

@dan_azzi

Jul 23, 2022

At the restaurant, an old man accidentally puts a coin in his mouth and swallows it. The coin gets stuck in his throat. His wife gets up and tries to make him cough up the coin by patting him on the back, but nothing works.

The old man is already beginning to show signs of asphyxiation and the wife, in despair, cries out for help.

A man gets up from a nearby table and with astonishing calm, and without saying a word, pulls down the old man's pants, grabs his testicles tightly and pulls them down. In a terrifying howl, the old man under irrepressible pain spits out the coin.

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Dan Azzi

@dan_azzi

Jun 16, 2022

There’s this Bitcoin evangelist who’s actually never done anything. Like he didn’t design the BTC code, can’t program it, wasn’t in a room with Satoshi to give him the idea 15 years. All he’s done is tell people to buy it & that it’s the future.

If he’s right, they both become rich, not through genius, innovation, or contribution to society, only by believing. But if he’s wrong, then he just wasted his most productive years touting a modern day digital Dutch Tulip Mania & will be the laughing stock of academia for 20 yrs

Dutch Tulip Mania, but instead of snagging just Amsterdam and its suburbs like in 1636, it now has global reach through the power of internet. Greater fool theory on a global scale.

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Dan Azzi

@dan_azzi

Mar 17, 2021

The #Wollar (6240 Lira rate for the $246 million World Bank Loan) is officially dead, so no theft of 30% by BDL. Not only that, the old 3900 Lira rate for NGOs & other aid organizations is also dead (so no more theft of 75% of the $1 billion+ in international charity to the poor)

@WorldBankMENA

This was conveyed to Minister Ghazi Wazni in an official letter signed by the EU Ambassador, UN senior official, & Mr. Saroj Kumar Jha @WorldBankMENA (who apparently is still around, and wasn’t deported as promised by MP #Pfizerli #Che7adWuMcharet

The title of the letter says it all: “Disbursement of Humanitarian & Development Assistance to Lebanon in USD.”

Thanks to to all the media outlets who relentlessly shone the disinfectant light of truth on this topic (instead of the usual clickbait bullshit).

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Dan Azzi

@dan_azzi

Mar 6, 2021

@DLKhraiche

The attacks & malicious campaign against @DLKhraiche is unwarranted. She’s a dedicated & honest reporter. As local reporter, she did not have access to the alleged sources in the @business article, who are in the US. She did NOT write the controversial stuff. Leave her alone. 1/4

The rare & unusual official denial statement by Uncle Sam, clearly renders the article’s content suspect. Assuming that the other reporter(s) did not just make it up, then they must have received (what seemed like) credible information (at the time). 2/4

For the sake of their credibility, it’s crucial for them & their editor to go back & re-examine these sources to see if there’s any agenda or manipulation that took place .... otherwise, the alternative is that they’re officially calling Uncle Sam a liar. 3/4

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Dan Azzi

@dan_azzi

Nov 2, 2020

@lebaneselollar

Banks now offering service matching clients with accounts selling #Lollar for real $, in return for a commission, of course. Some of the first clients taking advantage of this service were managers & affiliated companies (i.e: insiders)
@lebaneselollar @LebaneseLira #DanPonzi

This is like the good old days when you used to convert $ to Lira or Lira to $ at a bank, in return for a commission (or bid-offer spread) except now they’re converting $ to Lollar or Lollar to $. This is OFFICIALLY recognizing that there are two forms of $ currencies in Lebanon.

+acknowledging that one of the currencies is worth way less than the other, in other words, a voluntary haircut. The fact that insiders (meaning people who know more than the average guy) are doing it, is de facto recognition of the loss & that the money ain’t never coming back.

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