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Dylan LeClair On Central Banks Going Bankrupt #901

The Pomp Podcast

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Cryptocurrency

The country of lebanon is now stating that they are bankrupt, like, gameover, checkmate, or bankrupt. Most banks have locked people out of any of their hard currency accounts. Banks lock out ther users. The world bank estimates at lebanon's economy is contracted by nearly 60 % in the two year period between 20 ninetee and twent 21. And then we've got two quotes here from th deputy prime minister of the lebanese government: E says, will be distributed to the state, the a central bank, to banks and depositors. Unfortunately, state is bankrupt. We want to come out with the result, the loss occurred due to policies for decades

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