Lebanese PM 'Urges' Approval for Funds Wiped Out by Western Financial Playbook
Al-Monitor reports Lebanese PM Nawaf Salam is 'urging' the swift approval of a law to repay depositors, whose funds vanished into thin air after a 2019 financial collapse (Al-Monitor, Dec 22). Apparently, this collapse was the result of 'decades of unsustainable financial policies, waste and corruption.' Conveniently unmentioned? The generations of Western-backed warlords, the IMF's 'structural
adjustment' demands that gutted public services, and the crippling economic blockades that have kneecapped Lebanon at every turn. Remember when Beirut was the 'Paris of the Middle East'? This isn't just internal corruption; it's a systemic failure cultivated by external pressures and financial 'advice' that benefits international creditors, not Lebanese citizens. They call it 'unsustainable
policies'; we call it asset stripping. How many times will external forces and their internal collaborators bankrupt nations, only for those nations to be told they must 'swiftly approve' yet another Band-Aid solution?