Currency in circulation up +2.8% (LBP 1,084bn) in 1st half of May #Lebanon

After peaking in 2020 due to transactions occurring in a devalued #lollar, real estate prices now drifting back down. Increase in share of cash or so-called “fresh” dollars to settle transactions, as well as negative supply/demand dynamics are likely causes #Lebanon

What are “fair” real estate price levels in “real” dollars? Cement deliveries offer a clue #Lebanon #Lollar Dan Azzi

Currency in circulation up +1.4% (LBP 559bn) in 2nd half of May. Total increase for May was +4.3% (LBP 1,643bn) #Lebanon

On the spread between these two types of haircuts, we can now distinguish two phases: 1. October 2020 to March 2021: 12-14% spread 2. March 2021 to present: 4-7% spread, with the spread remaining close to the 4% level over the past month #Lebanon x.com/sugargrizzly/s…

I support a dress code for MPs but insist that we continue to mop the floor with the constitution

Yeah the country sucks but name one place in the world where the government communicates with the public from the future #Lebanon via صَادِقْ عَلَوِيَّة

When your wedding planner is about to inform you it's gonna cost 3x what you expected

Solidere shares are up ~10x in the past 2.5 years. This makes sense because Lebanese people are resilient.

Just a few more steps to reach my daily target of 30,000 LBP/USD

Baalbeck, city of the sun, is reintroducing its famous festival to celebrate Lebanese people's recent embrace of solar panels

The year is 2070: - There is no capital control law - Michel Murr is interior minister - Nabih Berri's cryogenically preserved head is speaker of parliament #Lebanon

Inflation is so rampant 2 quarters of negative GDP doesn't get you a recession anymore

* GERMANY ACHIEVES 33% OF TOTAL GOALS IN WORLD CUP DEBUT x.com/zerohedge/stat…