Lebanon economic crisis: Banking system replaced with cash economy

1. investing weapons no good!

2. Oh la la! The next Venezuela in hyperinflation!

3. 'They are outside the Lebanese government control' and 'outside the international banking system'. The US is going in the same direction. I pray that we have enough cash in the system to keep society running. The evil elite control freaks will never stop stealing from the rest of us.

4. This won't end well for the Lebanese government.

5. Not taxed key word

6. Where are all those economic degred experts …??

7. USA take notes. We are much more corrupt than the Lebanese

8. why pay tax when you just get screwed

9. In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments..

10. Why should people believe a government full of crooks, who knows only one thing- loot public money?

11. cash is king!!!!

12. Turkey is about to be the same thing

13. Qatar instead of funding terrorism should give that money to these people as allah has commanded..

14. Don't have ears to hear….very good word❤

15. The Lebanese are their own worst enemies .

16. I was recently in Lebanon. All the reports that you broadcast in your news are forged. This is not a poor country. All restaurants, cafe shops, beach resorts, bars, etc… are fully booked and always crowded. I don't feel any sympathy with such corrupted nation. Show the restaurants and all other places if you dare.

17. United States in same situation

18. "operating outside the international financial system"….. Austrian Painter likes that….

19. Their God are deads

20. Negara Islam 🤣🤣🤣🤣. Bank Islam, rule of Islam. Their are deads

21. The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

22. This is called effect of lslamic shariya 😂😂😂😂

23. You don’t have to blame Lebanese people. It’s all US that put the war money grabbing business.
    US dollars is going down and you going down and visit even faster because you are not getting away from dollar.

24. I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

25. The economic hitman has destroyed lebanese cash 💰

26. it's EXACTLY the same thing that happened to Greece in 2015-1q…. If companies are not forced by law to use POS -credit card machines the black-market econnomy and the undeclared wage economy will endure for many decades…. The central bank supervising the private banks doesn't have any incentive to stop the cash economy because they get paid with commissions from the government for all the paper money they produce…. it's a a vicious circle where the General Government should not take advice fro the central bank

27. U knw why this is funny 😂😂😂 because money made from payper

28. They need a revolution

29. meanwhile, other governments want a cashless society.

30. Jay shree RAM

31. Sad to see happening with the peaceful communties like lebonan,pakistan,sudan😢😂

32. "Is not taxed and doesn't benefit from social protection" HAHAHAHAHAHAHA as if taxation ever benefitted anyone

33. Pakistan is next,

34. We have Jews to thank for all of this

35. the corporate thieves acting as government and bankers cannot steal from the peoples wages, keep your cash economy

36. Lebanese woman are fine af I’d give them some money

37. Restructure your governing bodies, they let the banks fail.

38. Bitcoin 🙂

39. banks lend money they don't have.
    Never borrow from a bank. EVER.
    If you need to borrow, do peer to peer lending.

40. Government services? Hahahaha. Just corruption programs mostly. Government and corruption has created the inflation. Government is the problem and should get out of the way. A dollarized economy would be better. Al Jazera seems to just be spouting nonsense.

41. This is what happens when you allow rich people to dominate the economy and government. Poor people get poorer and the gov't overall becomes powerless.

42. suuuuooouu

Comments are closed.