Lebanon’s Implosion Between Kyiv and Damascus

[Sarah]

Lebanon’s currency continues to plummet. It is in freefall, and a dollar could well equate to one million Liras soon. Indeed, the central bank has lost its capacity to exert any control over the currency’s value, a harbinger of monstrously obscene deprivation and chaos as prices skyrocket. The government has failed to make even a minor impact because of faulty monetary policies that have left citizens weighed down by heavy financial burdens. The plummeting value of the country’s currency and the collapse of its citizens’ living standards come as the political situation falls apart.

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