Lebanon is close to depleting its Foreign Currency (FX) reserves. National imports will drop to a trickle. Technology will start becoming outdated. Soon enough, pictures from Lebanon will look like those from Cuba: People driving old cars and living in shabby buildings, as if the country has been frozen in time.
Anti-government protesters chant slogans, during ongoing protests against the Lebanese government in front of the Central Bank, in Beiru on Feb. 1, 2020. (AP)
Lebanese Prime Minister Hassan Diab (C) walking while wearing a face mask ahead of an emergency cabinet session in Beirut on June 12, 2020. (AFP)
A woman counts US dollar banknotes as Lebanese pounds are pictured in the background at a currency exchange shop in Beirut. (Reuters)
Lebanon's President Michel Aoun heads a financial meeting with Prime Minister Hassan Diab, Parliament Speaker Nabih Berri and Lebanon's Central Bank Governor Riad Salameh at the presidential palace in Baabda, Lebanon, March 7, 2020. (Reuters)