0:00 Intro
3:55 Hyperinflation
13:09 Reflecting on Argentina's Recurring Financial Woes
27:12 Prerequisites Needed Prior to IMF Bailout
37:57 Argentina vs Lebanon
40:27 Lebanon vs Venezuela
42:06 Two Basic Choices for Lebanon
56:14 The Comeback Kid
We're with Sergio Jalil for Episode 154 of The Beirut Banyan.
Click to watch:
https://youtu.be/ySFkn5JLl1Y
We compare previous financial crises in Argentina and Venezuela, and the first steps needed for a potential IMF package to alleviate the economic collapse in Lebanon.
We also discuss the history of Argentina's protestor demands with Lebanon's October 17 Uprising, and why Venezuela's current economic woes may be more challenging than Lebanon's.
Sergio is the founder and Director of CELIBAL – Latin American Center for Lebanese Studies. From 1990 until 2005 he was Senior Vice President for International Business Development at Interaudi Bank in New York.
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Music by Marc Codsi. Graphics by Sara Tarhini.