Hey /biz

Hey /biz
LebAnon here
I made a post a while back and was told to reuse the same image I did last time
AMA about the financial crisis here if interested and I'll do my best to provide information because honestly we have like 5 "currencies" now lol

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Other urls found in this thread:

lirarate.com/
theowp.org/lebanese-lollars-how-american-currency-has-become-the-face-of-a-countrys-downfall/
twitter.com/SFWRedditVideos

XRP schizo?

what?
no

and if the generous dude that sent me BTC last time is watching
Thank you again kind sir you helped me so freaking much I won't ever thank you enough

self-bump

The currencies are the lebanese pound aka Lira cash
a new one was born when capital control called bira or bank lira since you cannot withdraw them
then we have lollars aka lebanese dollars "stuck" in the bank aka not real USD
then there is fresh USD aka real banknotes
and the chollar or the lollar cheques which are used to purchase at a higher rate real estate and such

I remember you bro, leb from sydney, aus here

how much btc did that guy give you?

What are most people living off of a month there in USD? And is basically everyone affected by the inflation, or is it only the really poor or is it Venezuela level now?

oh sweet nice to meet you man
I actually was sent 10.6 mBTC then two days later someone I am sure from the thread sent me 73.9!
because I never shared my address anywhere else

Have you accepted Stellar Lumens into your life and if not what are you waiting for?

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so it depends
there are people who are politically affiliated who managed to wire their savings from the banks to offshore accounts by ways of bribe or corruption in USD, leaving people who saved up most of their lives in the banks worthless
this depleted banknotes in banks and capital control started after the protests in last October, up to 200$ per month for accounts till it reached 0
1% of accounts in Lebanon were stated that they account for over 90% of the total numbers
meaning the rest of the people who have less than let's say 100k in the bank are way minimal
if the corrupt state would give back what it stole and wired from abroad it would alleviate a lot but of course that will never happen

how are you living rn? how do you make money currently

unrelated by are lebs such roided out violent dickheads?

*why are
im not questioning if they are, they definitely are.

The currency traded for USD cash here is BTC and we could never purchase from online exchanges because our central bank governor said crypto is a sham lol
Rare jobs pay in Fresh USD meaning they can withdraw their money from the banks after a couple of days
the rest of the people get paid at the 1515 LBP for 1 USD at the bank whereas
lirarate.com/
>>link related
So a lot of food donations came from abroad and it helped people a lot
Lifestyles changed, small business closed down, tobacco and alcohol are a luxury and most people eat generic products now
It's now Venezuela yet but there are a lot of thefts even in previously "safe" areas, as well as killings for as little as 10$ in LBP
especially since a lot of medicine are non-existent anymore
Yesterday a guy branded a pistol at a pharmacy because they were out of painkillers ffs
A family of four could live off 200-250 USD per month
But like shoes that are not chinese shit that hurt your feet cost around 1 million LBP which is around 125$

Your accounts are just as reliable/stable as where you keep them. The Lebanese currency has already crashed, so you're already screwed. It's too late for you since no one wants your shitty currency or debt now. Your bonds will be sold wholesale to private institutions which will likely invest in using Roach Raid against the population until they scatter like the cockroaches they are.

Lebanon will likely get bought out by private banks. Israel is coming for your land next. Your people will then get pushed into the shithole that is Europe, since they need more taxi drivers, janitors and wagies to clean up after their aging population. You have a great future ahead of you!

Burn your flag and purposefully destroy your own infrastructure.
Leave the creditors with nothing.

damn
I know me and my family/close friends are not
most of the people you mention are political
goons that are paid to take roids and keep the streets under "control"
I got laid off after the crisis started, then I got a part time job until I got to delivering food/groceries
It's honest work, every 10 deliveries I make around 1-2$ worth of LBP
a lot of Lebanese are working menial jobs even though we have degrees
massive immigration even illegal is happening way more than before

yeah of course we are fucked
a lot of our bonds were sold by private fucking bankers
Peace deals are being made with Israel actually regarding the maritime borders because of oil
I don't want to work as a janitor I have a good degree, applying anywhere I can at the moment honestly
the infrastructure is gonna get destroyed in around two months since subsidized goods are gonna stop aka oil, wheat and medicine
creditors get shit anyways

Thought this would get more laughs actually
theowp.org/lebanese-lollars-how-american-currency-has-become-the-face-of-a-countrys-downfall/

Also once your country turns into the next Syria, do us all a favor and go kill yourself so we can buy up your land for cheap.

thanks for the advice much appreciated
fuck the Syrian regime and the Iranian axis, and whomever will profit off the demise of innocent working people
but that's life ain't it

All good khaye, all the best.

I agree, I hope the Iranian axis collapses as well so we can parade your women like the whores they are in the West.

Venezuelan here. Stay safe bro, do you think
Do you think shit will get worst in the following weeks?

after subsidized goods stop all hell will break loose
7abib albe ya khaye allah ykhalik
K

I had to flee. How big is your family? Have you thought of leaving the country user? I struggled got almost a year but finally I'm back on my feet. Don't give up bro

yeah man of course I am
I mentioned am applying everywhere
but since my savings are worthless am applying to scholarships, France and EU mainly
Being proficient in English and French, a good degree (CS) and some experience I hope will get me out of here
thank you for your thoughts
Glad you made it out

We're a really small family but my parents would rather die in here, they just want to see me out and safe

bump if anyone has economical questions

Why do you hate Israel so much? Life for Arab Christians in israel is literally so much better than in Lebanon

I hate no one because no political agenda ever made any progress or benefited any citizen in our country
I wish we had peace and I guess it's coming soon at the cost of privatizing the entire country
The war against Israel was purely for political gains over the years as a lot of more people are starting to realize

Do Lebanese start to regret le independence meme as opposed to being part of France or whatever?

lol
people actually made a petition to get back under French mandate
the main problem now is our president's party ho controls the country and Hezbollah

lebnan ra7 yerja3 wal ha2 ma bi mout.. wal shams ra7 tetla3 tatzayn sama beirruuuuttt

ntek emmo Lebnen khaye
fell mn l balad metl ma kellna 3am njarib

Syrian/Leb Maronite here, I hate Israel cause I'm redpilled on (((them))), also they forced Lebanon in a bad position. I also don't think the Syrian regime / Iranian axis is to blame for Lebanon, the politicians there are just really corrupt and it's been that way for many years now.

Ideally, the Palestinians would never have come to Lebanon and the civil war never happens. Most Maronites, like my family by the way, are more neutral on Israel or like them more than the Muslims.

actually I am redpilled but it is a fight we cannot win
the syrian regime bled the country dry with the help of hezbollah who used the palestinian cause since the civil war to brainwash their people
most christians are neutral to that position, the dictatorship in Syria legit used to get subsidized oil and wheat from Lebanon just to survive the sanctions
I know a lot on Zig Forums might think Syria is based and fighting (((them))) but it cost us our lives and economy among other resources
they are corrupt here but a lot have agendas that align with Iran/Syria etc...
I don't want to fight a war that started over 30 years ago and Palestinians came to Lebanon sadly and it all went downhill after the civil war
God help us all