Economist, global policy wonk.
Saw the light and took a pic (literally). If you follow me, you won't have to walk in darkness. All disclaimers apply. 🇱🇧 🇨🇦
Nov 28, 2019 • 5 tweets • 3 min read
#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