Lebanon tied to strengthening dollar?
I came across this clip about protests going on in Lebanon. They seem to be having serious economic and political problems there with people taking to the streets regarding it. I recall this being in the news for the last year as a minor headline. Chris has mentioned looking to the outside going in, which if I understand correctly means incidents of economic pain occuring in smaller countries or entities that then spread to the core. I really have no idea what I’m talking about here, rather just taking a guess and saying that the Lebanese government has a decent amount of dollar denominated debt and are being squeezed accordingly as the dollar strengthens. Again, really not sure but just a thought. Regardless, more instability in the middle east…Chime in.