The Second Biggest Scam in the History of Lebanon

This talk addressed Beirut's current real estate bubble, its evolution and causes, and its effects on the rest of the Lebanese economy, as well as environment. Unusually excessive cash flow from overseas pre-2010, due to the global credit crisis and high oil prices, caused a surplus of cash which the country could not easily absorb using traditional modes. This led to massive speculation and reallocation of capital, the consequences of which we still feel today.

This talk was presented by Dan Azzi, Advanced Leadership Initiative Fellow at Harvard University

Discussants:
Danielle Hatem, Founder and Chief Creative Officer of D Does Business
and
Charbel Nahas. Secretary General of Citizens in a State Movement

Watch the re-run

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