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The Lebanese pound, which for the last 30 years has been pegged to the US dollar, has lost 90% of its value recently.

The Lebanese pound, which for the last 30 years has been pegged to the US dollar, has lost 90% of its value recently.



View Reddit by kumaweweView Source

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9 Comments

  1. Ooof. That’s harsh.

    I hope the people there manage to get the economy stabilised, no matter if crypto has a role in it or not.

    Such a collapse will make many people suffer and children often even worse than adults. πŸ™

  2. Wow, how many times is this going to happen until governments realise there’s a new future… feel really bad for the people until something BIG changes.

What do you think?

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