To the Lebanese Government and Citizens: Before accepting loans from International Loan Sharks, you must see this!

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  • Nevermore

    Nevermore

    New Member
    Summary of Jamaica's experience with the IMF (though not entirely synonymous with Lebanon's case):
     
    The_FPMer

    The_FPMer

    Active Member
    This is well known, but there's nothing anyone can do about it. The entire world is under financial hegemony of a few people. Expecting Lebanon to be free of it is madness. Nevertheless, we're past that, we're a country under siege from regional players and international players who give green light to regional ones to play and tinker in Arab countries.
     
    V

    Viral

    Member
    I never heard this lady before but every word she said is 100% correct.
    I hope her message makes its way through to the top and the Lebanese people understand what she’s talking about and support her expert advise.

    We need to understand going to the IMF to borrow more money through mortgaging our home and everything we own in order to pay off our old debt and build a bigger debt until we have nothing left to sell and get thrown out in the street with no food or shelter is not the answer.

    Banks are not charitable institutions. That’s why they got money…

    We need to stop borrowing money and learn how to make money!

    In other words we need to work!

    We need to produce, export, earn our living and stop acting as beggars with maids!

    The best solution available for Lebanon now is not a secret. Even States like California who have budget deficits and cannot afford to build their own vital infrastructures to enhance their economies like bridges in San Francisco for example where they contract Chinese companies to build for them at no initial cost then recover their money through crossing tolls over a period of time, then turn those bridges over to the State after recovering their money with reasonable profit. Meanwhile building those infrastructures create local jobs even before the projects are finished while the projects are under construction.

    Another example where solar power companies offer to install their systems on top of homeowner’s roofs free of charge, then sell them generated electrify from their roofs at a reduced price for a specific period of time until they recover their money, then the homeowners fully own their systems and start getting their electricity for free.

    We know the Chinese already offered to build Lebanon’s electric power plants for free within few months using the same methods above. They can even build tunnels and a costal highways connecting Tripoli with Sour which will save us time, money and a lot of traffic frustration. And that’s just the beginning.

    Oil is on the horizon. It’s been there for decades while we were busy with our 1975 civil war. Then came 1990, the war lords took over and dug us deep into debt while Israel, Cypress even Syria were extracting their wealth surrounding us.

    I wish we could stop for a moment and ask ourselves what made a desert turn into Dubai while Lebanon, with all its natural beauty and enviable climate can’t burry its own trash.


     
    V

    Viral

    Member
    Salameh refusal to participate in the initial teleconference with the IMF negotiations can be translated as follows:
    First, he’s not ready to publicly give honest and direct answers about financial practices and shady transaction that will make the Lebanese public go out if their mind, and secondly, he has instructions (with protection) to how to act in order to execute a foreign preplanned road map that he might be the only person in Lebanon aware of it.
    Some signs point out to driving the county into a wall in order to justify a military takeover. Unfortunate, and I hate to say it but some of our top military officials were presented with suitcases similar to the ones that were offered to Emile Lahoud that he refused before becoming President.
    A military takeover by the wrong military personnel supported from abroad can be very dangerous. It could mean official severance from the resistance leading to geographic isolations and separations. In other words, achieving what the 1975 civil war could not achieve as far as creating cantons so the Palestinians can have their own and delegitimize their right of return to their homeland as part of Trump's infamous ME road map.
     
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    V

    Viral

    Member
    I wonder if Chamel Roukoz is part of the puzzle as far as what follows the next transition…
    He has a page in Wikipedia already...
     
    V

    Viral

    Member
    Reading between the lines can translate into something big Roukoz is planning for...
    Who is behind him?

     
    NewLeb

    NewLeb

    New Member
    We need to stop borrowing money and learn how to make money!

    In other words we need to work!

    We need to produce, export, earn our living and stop acting as beggars with maids!
    Nonsense, sometimes you need to borrow money to make more money. It’s just that the IMF shouldn’t give this government anything because it doesn’t look like it’ll have any way of paying it back.

    And everything you’ve mentioned goes against Lebanese cultural identity. The Phoenicians were primarily mercantilists, not peasants who worked the fields. You want to turn the country into China.

    You make money by making it work for you!
     
    J

    Jeremy Samuel

    New Member
    Lebanon would surely benefit from being able to exploit its natural gas deposits, but so far, no one has found anything, and even if natural gas is found, there has been such a glut of natural gas that the profits might not be that substantial.

    Obviously the world will one day put Coronavirus behind it, but between the increase in renewables and discoveries of natural gas in many places, natural gas prices may stay low for a very long time. With some rises and falls, prices have been decreasing since 2009.

    Natural Gas Exports Slow as Pandemic Reduces Global Demand

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