Lebanon is in the Midst of a Jaw-Dropping Economic Free Fall

<p>Lebanon is in the midst of an economic free fall, the degree to which is jaw dropping. </p> <p>Inflation is out of control, commodities are hard to come by, and its currency is devaluing at a rapid clip. This all was happening months before the coronavirus pandemic. Now, in the midst of the pandemic, a deteriorating economic situation is poised to turn into a major political and social crisis.</p> <p>This is arguably the worst crisis since Lebanon emerged from a 15 year civil war in 1990.</p> <p>The government of Lebanon signaled that it would seek a b...