Beirut Spring

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Remember that politics move quickly, and people and their opinions evolve.

Growth Doesn’t Come Cheap

October 21, 2010 · Mustapha Hamoui

Mohammad Safadi:

Lebanon needs to spend at least $20 billion to improve its basic infrastructure otherwise the high growth the country has been witnessing will “dwindle and vanish,”

Here’s our pickle: We need growth to pay back our debt, but in order to sustain our growth, we will need more debt. Sounds like a vicious cycle to me..