
Another Take: How the Assads took Syria
The Take
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Syria's Economic Despair: Turmoil and Power Struggles
This chapter examines the worsening economic conditions in Syria following the 2011 uprising, intensified by Lebanon's instability and the crippling of Lebanese banks. It details the steep devaluation of the Syrian pound, the impact of U.S. sanctions, and internal power struggles within the regime, particularly between Bashar al-Assad and Rami Makhlouf. Additionally, it highlights rising public dissent and the precarious position of Assad as he navigates increasingly challenging circumstances ahead of another election.
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