Lebanon’s richest need to take a haircut

This article, written by Dan Azzi and published on the Daily Star, has created a lot of buzz in the Lebanese sphere and got people talking a bit more about possible solutions. At the root of the economic grievances fueling Lebanon’s mass protests lies what looks like a regulated Ponzi scheme. The problem will notContinue reading “Lebanon’s richest need to take a haircut”

Commercial Banks’ Assets

Post originally written by @AndyKhalil1 on twitter Below are banks’ assets expressed as a share in total assets. Note the acceleration in the share of deposits at BDL &the reduction in that of all other variables, especially post 2016 when FE (Financial Engineering) commenced. Where is the efficient financial intermediation & allocation of capital? Source:Continue reading “Commercial Banks’ Assets”

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