lebfinance
lebfinance

@lebfinance

7 Tweets 6 reads Mar 21, 2021
Sunday Night Rant
Stayed away for a while bcz there was nothing new to say,
I will open up the account for a couple of days bcz this πŸ‘‡ is new.
People underestimated the collapse and In my opinion there is still a glimer of hope in most of us including me.
This is the ONLY reason why we are still β€œHolding” relative to the loss numbers.
The next phase will hurt a lot and i just realized what the next tarbouch will be
πŸ‘‡
β€œMen, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”
The next Big theft
πŸ‘‡
Everyone is eyeing what is left of our reserves and remittances.
- Banks to recap
- Depositors to recup their deposits
- The politicians to appease the mass with subsidies
- Importers to keep their businesses alive
- Industrialists to get raw materials
πŸ‘‡
Now we are familiar with the first 4 but recently number 5 is hitting the headlines.(BDL platform)
β€œExporters” want priority on the reserves for raw materials.
Get subsidies on raw material, produce cheap and sell for fresh cash.
πŸ‘‡
If the local producer doesn’t bring back that fresh cash + interest what will be the difference between him and the subsidized PICON that was found in africa?
Or the Mazout that was sold in syria?
Call it oxygen...call it P2P...i call it tarbouch.
#thenexttarbouch
πŸ‘‡
The only producers that have a right to be subsidized are the ones that will feed and sell their produce in Lebanon, anyone else can fuck off and go to the black market like everyone else.

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