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Geopolitical Economy Report
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Comments by "Geopolitical Economy Report" (@GeopoliticalEconomyReport) on "ColdFusion" channel.
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This video didn't mention one of the most important details: Lebanon has maintained a current account deficit for decades, but it was able to maintain its bank Ponzi scheme without facing a balance-of-payments crisis through constant IMF bailouts. That is to say, the US government, which has veto power over the IMF, was allowing Lebanon's bank Ponzi scheme to continue, when the country had been serving its geopolitical interests. But the Trump administration imposed sanctions on Lebanon and pressured the IMF to refuse to bail it out as part of a hybrid war on the government, aimed at trying to push out the ruling coalition that included Hezbollah.
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