[raincom]

You are absolutely right. Yesterday I watched a documentary by DW on Lebanon: https://youtu.be/RZuKyIYMSEw

Since i watched it, I understand your comment far better.

[contingencies]

Great doco. TFS. Core point @ 26:51, alleges $100B stolen by politicians and bankers from the general public's USD-denominated bank accounts. Head of central bank has USD$300M unexplained wealth in Switzerland. 90% of majority shareholders in Lebanese banks are relatives of politicians.

[IG_Semmelweiss]

That's the logical reason the govt is not allowing banks to collapse, and float the currency - it would destroy banks overnight

[mongol]

I saw that one too, just a few days before the event. Really eye opening. DW Documentary may be the best Youtube channel, bar none. Another on Chinese zero Covid was equally eye opening.