tyb
Lebanon Economic Collapse
Of $104 billion of hard currency deposits, the plan foresees returning just $25 billion to savers in U.S. dollars, with most of what's left converted to pounds at several exchange rates, including one that would wipe 75% off some deposits.
The plan sets a 15-year timeframe for paying back all depositors.
https://twitter.com/InvestRepeat/status/1488775350234484738
https://www.reuters.com/markets/rates-bonds/lebanon-plan-sees-93-currency-slide-turns-bulk-fx-deposits-pounds-2022-01-31/
KMAO if Trudeau comes back to Ottowa to help antifa
Morons