Before & After: Price of Local Goods in Lebanon Post-2019
Anyone remember the Golden Age our parents and grandparents so often recounted about pre-civil war Lebanon? Surely we’ve all heard it: the rich presence of arts, music, culture and theater; the unsurpassed hospitality and lavishness of the Lebanese people; the lack of any real consciousness about religious sects and confessions; and above all, the fact that Lebanon served as the financial hub of the Arab world. The expressions “Paris of the Middle East” and “Suissra-el-Charq” illuminate just how cultivated and prosperous Lebanese society was. Fast forward to 2019, a momentous year that will surely enter the annals of history of our little Mediterranean plot of land. By momentous, of course, I mean complete and utter catastrophe on the banking and finance front as well as deep-seated political gridlock, both of which show no promise of letting up. Seriously, how much worse can it get when you have no access to your hard-earned deposits at the bank? When your credit card gets declined ...