Adonis Diaries

And what is this virtual wealth that Lebanese enjoyed? Didn’t think Lebanon has any of these multinational financial “Moral Entity”

Posted on: May 16, 2020

And what is this virtual wealth that Lebanese enjoyed? Didn’t think Lebanon has any of these multinational financial “Moral Entity”

And what are the hundreds of civil society groups doing?

Since 1993, and during late Rafic Hariri PM, Lebanon virtual wealth was built on selling debts that nourish real estate and government bonds bubbles, in the name of maintaining the peg in a failed state, and end up in the pockets of the political and financial elite under a veil of bank secrecy.

Lebanon was promoted as a Prime Real Estates to be looted, seashore and entire mountain tops sold for cheap.

Open air, open investment on public facilities and infrastructures. What happened in Russia during this infamous Yeltsin.

Lebanon was to emulate the economy in Dubai and investment was to pour in from Saudi Kingdom and the Gulf States.

Downtown Beirut were structured under a company called Solidere for 30 years, and renewed unlawfully for the Hariri clan.

And the government and Parliament received loans to be distributed to the militia/mafia leaders. Everyone of these leaders were reserved a war treasure coffer. A small part was for the leaders to “invest” in their electoral communities and assign their members in the government institutions.

Suddenly we woke up and realized that this was an illusion….

They are trying to unite?

After dozens of years of virtual wealth, the Lebanese people are rocking irreversibly into real poverty.
And what are the hundreds of civil society groups doing? They are trying to unite.

After dreaming of leaving our children a better life, we can only promise them an existential regression, like that of thousands of young Iranian (initiatives), gifted, over-educated, broken dreams, whose only horizon is a career Taxi driver or home help.


And what are the hundreds of civil society groups doing? They are trying to unite.
In the face of the insecurity of the times we live, people’s savings have been eliminated in return for the cancellation of public debt, with impunity, irresponsibility of those responsible for disaster and increasing inequality.


And what are the hundreds of civil society groups doing? They are trying to unite.
In the face of the delegation of the International Monetary Fund, a divided, inconsistent team with divergent ideas, and conflicting diaries, which promises the failure of negotiations even before they begin.


And what are the hundreds of civil society groups doing? They are trying to unite.
After years of collusion between double violence of money and that of weapons, we are fighting in the context of double violence, the lack of money and the omnipresence of weapons, which strengthens our failed state status to hold a monopoly on legal violence or to define and protect its borders.


And what are the hundreds of civil society groups doing? They are trying to unite.
And then what? Without external financing, self-financing. Money flawed, stolen, corrupt, transfer abroad in an immoral way, will buy everything, public goods and private goods, and the return to normal will raise the wall between those who rule and the ruled, whose existence is likely to settle properly in misery.


And what are the hundreds of civil society groups doing? They are trying to unite.
If the lack of sovereignty, lack of future, promised poverty, existential regression, impunity, inequality, the despoliation of private saving and public resources have so far failed to unite the groups of civil society, it’s that there’s a problem somewhere.

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adonis49

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