[lbo-talk] Jubilee for Lebanon?

joanna 123hop at comcast.net
Mon Dec 25 20:08:54 PST 2006


Robert Naiman wrote:


> Yoshie posted an interesting article from the Nation on the economic
> roots of the current political crisis in Lebanon. The article
> mentioned the large public debt.
>
> I wonder how much of this debt is owed to Western banks, governments,
> and international financial institutions...

Even more clever, reprice all mideast oil in euros, but continue to pay the debt back in increasingly worthless dollars.

Joanna



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