Thought of Today: October 12, 2016 at 08:50PM

Washington Post:

“Lebanon went deeply into debt to finance reconstruction, and with a debt-to-GDP ratio of 149 percent, it is today the world’s third-most-indebted country. The interest payments total more than a third of the government’s annual spending. Yet because politicians and their families control one-third of all banking assets — and because Lebanese banks own around 85 percent of the debt — these payments profit the very political leaders sinking Lebanon deeper into debt.”

لبنان يا بلد الزبالة و الزعامة
والوجاهة و التفاهة
نم هنيئ العين فوق نفايات حروبك و خضوعك
لاصحاب السيادة و المعالي

وسام شرف الدين

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