The price of bread in Lebanon has increased for the first time in 10 years, as the collapsing local currency causes food prices to soar.
The lira has lost more than 80 percent of its value on the black market in the last eight months.
The drop in value is part of a wider economic crisis in the import-dependent country.
Al Jazeera’s Zeina Khodr reports from Beirut.
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hisbollah stole the money
here we here have a serious idiot!
Foreigners are arrested in Chennai in India during covid lockdown please take up the news
For Gods sake Indian trolls, stop spamming Al Jazeera! I am tired of this, this is happening for the past 6 months, Indian trolls comment hate or some other bullshit and it isn’t even related to the News!!!
Dear Lebanese people….Please do not rage a War in your country…As this will destroy yr beautiful country….Look at Syria/Libya and all the War torn Muslim countries….
War is inevitable and Karma is a b*tch.
Check my channel and subscribe if you like
Well the real reason is Saudi Arabia that stoped giving money to the Lebanese gvt. Since MBS took over they stopped supporting lebanon.
Why do they have to support at the first place?
H A Thats a good question, they have always subsidized Jordan and Lebanon for some reasons, but since that Hariri incident, they stopped funding the gvt… they used to deposit 2 bil$ in cash to the Lebanese Central Bank. They stopped sending money back in 2018. I think it has something to do with the Hezbollah gaining influence in the country … cheers
Bread has caused revolutions. This is very bad news
2021 :: lebanon needs freedom and dimocracy
@Bemals Dvanitha What are you laughing at?! Its not our fault we were born in a 3rd world country. We have to fight for our rights.
Is this part of the Depopulation Agenda?
No, it’s just Arabs being themselves…
That’s all because the Lebanese are cursed for helping Asad starve Madaya, Zabadani and Darayya.
Who cursed white USA poverty deserts living on white rich church ? Third world country mentality 🤪🤕😵😷😈👺💀
My right ear enjoyed
People are kind off exaggerating bread 🥖 price was 1000L.L now it’s 2000L.L so what it’s still cheap
What breed of idiot are you?
They should start using Turkish Lira and make alliance with Turkey. Not very stable currency but still not too bad.
Lol why would Turkey agree to that?
H A they should just use the dollar
You’re funny lebanon’s never gonna do that. Why? Because Armenians live in lebanon, and they won’t be happy and might protest.
“Whoever controls the volume of money in our country is absolute master of all industry and commerce…when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”
~20th President James A. Garfield before assassination.
“Let me issue and control a nation’s money and I care not who writes the laws.”
~Mayer Amschel Rothschild
“It is to be regretted that the rich and powerful too often bend the acts of government to their own selfish purposes.”
~President Andrew Jackson 1834
“If the people only understood the rank injustice of our money and banking system, there would be a revolution by morning.”
~President Andrew Jackson, 1834
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around, will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale.”
~Thomas Jefferson to John Taylor, 1816.
“Today no war has been declared—and however fierce the struggle may be, it may never be declared in the traditional fashion. Our way of life is under attack. Those who make themselves our enemy are advancing around the globe. The survival of our friends is in danger. And yet no war has been declared, no borders have been crossed by marching troops, no missiles have been fired.
If the press is awaiting a declaration of war before it imposes the self-discipline of combat conditions, then I can only say that no war ever posed a greater threat to our security. If you are awaiting a finding of “clear and present danger,” then I can only say that the danger has never been more clear and its presence has never been more imminent.”
~JFK
“That is simple. In the Colonies we issue our own money. It is called COLONIAL SCRIP. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one.”
~ Benjamin Franklin before the first central bank
“…You cannot keep out of trouble by spending more than your income.
You cannot further brotherhood of men by inciting class hatred.
You cannot establish security on borrowed money…”
~Abraham Lincoln
“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.”
~Otto von Bismarck
after Lincoln funded the civil war with $450 million dollars GREENBACKS printed by the goverment with no interst/debt.
Good quotes where can I find them?
the good ones get assassinated as usual 🙁
How can I print this?
@Vicki Smith copy to text editor like word and print from there
When you have religion trying to run economics, collapse happens. This is what happens, religious infighting creates opening for corrupt officials to run the country. Exactly what has happened in Lebanon
Lebanon has no religious law. The government is secular. Stop trying to be reductive, and stripping aeat the nuance from reality. Its primarily due to negligent oligarchs which run the government and have no accountability.
Zeina Khodr i see you after long time
Seems to me that a country importing all of its food is a really dumb and dangerous idea.
I concur but I guess in this day and age…who wants to be farmers?
*Which new features added to the bread for increasing price?*
*Bread is exactly 100% same after increasing price.*
*Or it’s a pocket designed/pocket gamblers decision to increase without being inventive in their products.*
@Elijah Lawrence *Which new features added to the flour by helding and adjusting the price?*
*In Democratic countries, price of consumer goods can only go up only if new features added to the products, services and these features must be different from its(products, services) previous state.*
*Or Lebanese are under pocket gamblers rule, who never need to be inventive in their consumer products and consumer services?*
@gery port just conveying what was stated in the video. You also have to understand government run pricing will always go up in a financial crisis in an attempt to rebalance the economy. Your point is only valid in a healthy free market, which is not that case in either respect for Lebanon right now. I hear what you’re saying, it just doesn’t apply to the context of the video in the slightest
@gery port Lebanon is in an economic crisis while simultaneously settling into a less than 100 day old government that’s still as a corrupt as the system it just abolished. Inflation of basic goods is simply a step in a desperate attempt to rebalance the economy before making the decision to put the country into further debt with a bailout.
@Elijah Lawrence *I read ur both points. Almost every struggling government feeds pocket gamblers in the crisis directly, indirect via raising consumer goods cost only but in the world of business, consumer is the boss and it’s the responsibility of the consumer to question “new features?”, “how it’s different from the products previous state after raising price(or exactly same as previously)?”.*
*If consumer (boss) fails to questions, then more and more pocket gamblers starts to flourish in your country. Today it’s flour, tomorrow it could be next consumer goods.*
@Elijah Lawrence *No country can ever remove it’s crisis by increasing price of flour(or you name one country which came out of crisis after increasing g flour price without “new features” or “innovation in flour”, across in this whole world).*
*It’s pocket gamblers fame tactics to keep on increasing artificial (man-made) crisis (also termed as pocket designed crisis) and directly, indirectly keep on increasing their personal wealths.*
*God bless Lebanon.*
Aljazeera fix your audio
At least these nations should open their doors for foreign investors.
Isolation,corruption had destroyed these countries
Der Mensch macht die ganze Welt zu Geld, dazu zählt der Platz und das Leben auf dieser Welt, genau so wie die Dinge unter der Oberfläche und wenn durch dieses wahnwitzige Treiben, irgend wann einmal die Dinge aus den Fugen geraten und es an allen Ecken brennt, gehen ihm zwar die Augen auf, aber ob seiner Dummheit wird er nicht verstehen warum dies der Fall ist. Vielleicht sollten alle einfach das Denken einstellen, dann wird es so kommen wie es in vielen Filmen gezeigt wird und ihr werdet euch gegenseitig fressen.
Schwurbel schwurbel
@auricom24 Dazu noch etwas Paperlappap und Entenei und Zickezack. Bähhhh.
Why do Lebanese treat the Ethiopian people so terrible? What else do you deserve?
@jawad dagher i do not know any personally. That is why i generalized. I will send bad spirits their way from America. Be Blessed!❤
@GEORGE STINNEY JR. typical racist
GEORGE STINNEY JR. the ones who treat Ethiopians terribly are not suffering from this economic collapse. In fact they’re the ones who helped cause it. also if I were u I’d keep those spirits here in the US. We’re not exactly a beacon for racial equality ourselves.
@xenoisdope fucc everybody! 1619. 2019. 400 years! Including you@
@xenoisdope ps what else would you do?
Chinese Loan Shark entered the Chat……😂
wow! cant buy bread and meat but can afford to buy Range rovers, Porche and luxury cars.
Car Pro it’s all loans
i heard lebeanse people buy luxury car rather home and many of them actually lives in cars.
@Car Pro There are those things where you keep your money inside. Those things now refuse to give you your money back. You are now unemployed and stranded.
@Danny J. sounds logical
There are just too many fat people in this video to convince anyone that they are starving.
Minor set back can happen to anyone even in wealthy nations.
People are eating from trash bins now in Beirut. It is that bad here.
In months there will be starvation.
5arjkon lol
@Maria Smith keep your mouth shut if you have nothing good to say you might end up in the same situation one day or worse because you deserve it… but I honesty hope you repent… Peace!
I’m sorry… but I pray you get through it soon…. Peace
Allah loves you No because my country is not racist, we accept people from any race unlike Lebanon so this can never happen to me ya habib il ro7 💕
Not only in Beirut even in new york people sleeps on roads and tunnels like rats
Why not switch to the dollar atleast temporary?
This is form of punishment from Allah to Lebanon. Some of these people treated their domestic workers like slaves. And their government continues to ignored the problems of domestic workers.
Exactly! Somebody gets it.
I have been laughing at these videos for 2 weeks now; what is happening to them is so hilarious to me. 😂
It’s Bitcoin time
What happens when you base a currency on nothing? Eventually it becomes worthless. Coming to a country you live in soon.
Can a country actually base a currency on nothinng?
Would it have no economic resources to back their medium of exchange?
@SAFINA HIGH SCHOOL it’s all built on confidence and lies, a currency begins it’s life backed by real wealth in silver and gold, has done for 5000 years, this is quickly replaced with nothing but confidence. The illusion of wealth stays with a currency for at most 40 to 50 years before debt becomes so much that people realise that money is worthless and a loaf of bread costs more than a weeks salary.
You will see these countries go first, then it will spread out to all emerging countries and will create widespread panic.
One or two major counties will go after that and before you know it we are all fuxked
@James Einstein
1. Backing your currency with Gold is quite a challenge when most of your gold was plundered by colonialists.
2. All currencies are built on confidence. Even Gold coins. The problems come when the confidence is broken by monopolistic corporations controlling central banks.
3. The real wealth lies in activities and resources that satisfy actual human needs.. like land, oil, gold, silver, labour force and knowledge. The benefits of these resources should be allowed to circulate within the country under good supervision. Not private corporations or imperialistic rulers.
4. Remember that a few bankers get richer with every recession or even a great depression. It is this monopolistic control of currencies that should be stopped.
5. The fall of a currency isn’t as dangerous as the crippling of economic activities or the wrath of hungry peasants. We should plan our governments with this in mind.
The same thing happens in America, corrupt, lies. False flags ,
William Hoskins Lebanon’s just so much smaller so it’s more serious
no really, not really, in fact the american economy is rapidly recovering.
Well… it’s midle east
What’s that supposed to mean?
Prices all over the world are going up. The rich and big business have taken up all the money and are holding it, using free money credit to operate their business.
Greetings,
And they said – We have the Imam mahdi with us 🤣🤣🤣.
Thanks admin.
Thanks all
I read that death is a good friend of the poor, why are people still afraid of virus when there’s nothing to eat?
I refuse to wear stupid masks, I sit outside everyday waiting for Corona
🍞 prices 😱😱😱
They can cry Iran and SA UAE. they have money can give them money ha ha lol
Let them Go to France or EU or Germany they have money
Can they eat money? Send them to islamic states, their brothers. Saudi arabia is rich on oil and money.
Armenians can go to Armenia they have money and food
Ehh you have a point but what about the covid 19 increase there? And the Lebanese airports are open, but are the Armenian airports open?
i see expensive SUVs and Cadillacs on the street so it cant be that bad.
RICH COMMUNITY doesnt represent the whole country.
You don’t know how an economy works my friends. If the Lebanese Pound loses its value people don’t suddenly lose all their possessions. They just immediately are worth significantly less. This is the Lebanese governments fault for failing it’s people and not making a greater effort to create it’s own food industry
All cars depreciate. If you cant grow food why would you buy a 50,000 car that you know will be worthless later?
Because before the increase of dollars, we COULD have bought them! But WHEN THE DOLLAR INCREASED, we now FOCUS ON FOOD!! You get it? Bravo! Let me give you a sticker!!
Christians Lebanese should move to Israel they have money and jobs and food they are right there they can easily pass the boarder just walking 1000s
the problem is that extremists infiltrate them, so no.
Thank you hezoballah.
@Moe Gash If Hezbollah wasn’t there, nobody would invade this stinking country
@Amit Kenan First lebanon isnt a “stinking country” in what ever way you put it. Secondly, israel invaded lebanon before hezbollah even existed.
@zzz 1 dont waist your time arguing with him, his hatred is blinding him.
@Squiddy 24 Israel invaded Lebanon for the first time because of Palestinian militias and second because of Hezbollah
@Squiddy 24 And your hatred for Israel blinds you
I thought my left headset broken
Meanwhile, the Lebanese government’s face has two imprints: one of an Iranian boot, the other a Chinese boot. This is a typical ally of China, ladies and gentlemen.
lebanon is a racist country. they mistreated other nationality, most of which asian people who works there. karma!
Please, you’re country is probably more racist.
*your
most of arabs are racist.
The lebanese politicians are all trash 🗑 and need to be thrown in jail 😪😪
America is Next .
PRAISE YAHUAH
i blame Zionist
abdirhman ali : Abdirhman, I completely agree with you. Zionists are sooo evil. For many decades they conspired with Lebanese politicians and even with Hizbullah’s Nasrullah to bring poor Lebanon to this awful situations. They want to take over Lebanon. Abdirhan, you need to do something. What do you think needs to be done?
@Shabat Shalom nice one 👌 . These bigots know blame game only
@Shabat Shalom hahahahah….
of course you do.
visited this beautiful country back in 2017….was very.shocked when told they import a majority of their food….this is devastating and I am so sorry for the ppl. a beautiful country with.beautiful ppl…i have been following this news and get upset because this is so unfair
yes please….if you have some space, grow some of your food for some such as oil, flour things can be tough…..it is not easy. sending you hugs
@WY M thank you for your kind wishes🙏
no matter where you are….please look after yourself and your love one. Are you from Lebanon? Please try your best to stock up because if something happens with trade or logistics then.who knows what will happen.
Am from Malaysia but currently we’re only can feed 70% of our people and the balance needs to be imported from Thailand and Vietnam. This can affect the food security of the country if the current generation don’t want to be farmers and if the exporters don’t want to supply for other reasons.When I go to certain places, the paddy fields were made way for development. After covid19, I can see how important that a country needs to have a food security so when I see Lebanon, this is something that everyone needs to learn from the situation.
Im from China…been to Malaysia cool place esp Penang! Agree….if they get rid of land to build apartments and if they only have food to feed 70% of the people then that is terrifying….imagine what would happen if the country you buy from says no. Water wise….imagine if we ran out of clean water. Food and water security and self reliance is very important no matter where we are from so do start growing something if you can. It is terrible that this pandemic is making lives hard for so many people….China isnt doing that well…i mean the land is gone for big buildings, soil pollution is devastating and farmers dont earn enough hence why china import alot too…..anyways thank you for the lovely chat and this positivity. I wish you , your love ones and your country well. Stay healthy and I hope we can start growing sthing on our own.
ALLAH help our Muslim brother n sister and their family love from Pakistan
Another civil war incoming.
Quit subsidizing everything. You’re just building people up to be disappointed. Here in Buenos Aires they rioted when a subway fare went from $.38 to $.47
Really?
Wheat bread is NOT GOOD for humans. Wake up friends. Eat more greens, salads.
I wanted to suggest them to become vegetarians…but I may be seen unkind as I know nothing about their culture..and myself coming from Muslim backgrounds, I do understand that it’s part of the religion especially during eid…
Contact india for food grains ..this year india produce more grains than usual.
But I thought it was swarmed by locusts…I read somewhere…correct me if I’m wrong
@Eliza Eri no . We have controlled locust attack
Wow… bhakths next plan is to sell all food grains…Good luck👍👍👍
Thanks God..I m not poor in india
.more Lebanese girls on the way to red light street Dubai
Knife road Dubai……💋💋💋
🤣🤣🤣🤣🤣🤣
Unbelievable ! Lebanese is The place of Many famous Celebrity !
Subhaanak Yaa Rabb
End of country with arrogance
Exactly.
Lots of them are ridiculously arrogant as if they’re rich like royals.
better than Israel
Hezbollah a terrorist organisation is against Israel that why. When many nations are against Israel we should expect more disaster upon this world.
@juma mnumbwa let see this war coming soon who will win just be patient 🤫
@Stone Shadow if it is illegal state you must read the bible soon you will realise that Israel belongs to the Jewish people. Last year from April2019 I had a vision of the death Suleiman and I had spoken to a Muslim man that Suleiman will be killed the vision comes true. I believe in God of Israel 🤭🤫🤭
@Michel Kalombo the so called Israel’s once Palestine, before 1945 there wasn’t israel but Palestine, that’s why jk nyerere ,Kaunda ,Mugabe and Nkrumah refused to recognize Israel,these people kills Palestinians to form a new nation known Israel,2hiçh doesn’t exist
@juma mnumbwa be patient let see your god and the God of Israel. If you defend yourself against someone want to kill that’s not killing. Soon a big war is coming. That was given to ABRAHAM his descendants. 😁😁
@Michel Kalombo what god your talking about?who created blacks and Palestinians, isn’t the god we’re worshiping
🤣🤣🤣
Is it funny that we might die?
@Maria Smith what’s funny can I understand?
@Maria Smith where are you from? And why do you seen so pressed and jealous from lebanon?
@Maria Smith you reply to every comment. Seems like you care about lebanon more than lebanese people do. You didnt tell me where are you from? Because you seem so pressed?
@Maria Smith you still didnt mention where are you from. Are you embarrased to tell me whats your country?
Why would you import food? Please stop depending on them. Make your own food people, please.
How will they grow food in a semi arid climate
@nakul yadav 95% of Israeli food products are produced in Israel and it is a desert, the Lebanese simply have not bothered to ensure food for themselves.
@nakul yadav Look for ways, not co-dependency excuses. No wonder not many respects Africa. smh
Please don’t jump in a boat and come to European and western countries . We have enough islam in our countries
they probably will, wait for it.
i thought my headphones were broken
Be careful before you go to civil war
Suck on this,
Hezbollah…..
Actually the Jordan can work to build Syria… That is a lot of money…
BUT… US not approve… So that is…
Better Lebanon join iseral as a country.
The perfect recipe for catastrophe…
This happens when the country is not the priority of the leadership and that happens because outside influence is bringing corrupt people to power.
prayers for Lebanon, home of my forefathers. Please God preserve her christian identity
reliance and forced cohesion to the zionist rothschild federal reserve is the problem. this is known as the reset. it involves banking and they are virtually controlling supply and value through the many tools at their disposal – disposal as in money is not an object as long as you can print them. *coronavirus cold* _dont worry cash spreads virus_
now they are efficient thieves
i am living in a modern western nation and the shelves are minimal here. its not just you.
usury is the problem. they are bankrupting whole soverign nations, then they become reliant on their loans. you are then owned and will never be able to pay it back. _thats how usury works_
sending out the love ✌
I came from Lebanon. 😎
I hope Mia khalifa alright
She is totally alright, she is living in the West now
If you can’t grow your own food, you should go back to school.
It’s not just happening in Lebanon, it’s literally happening across every country in this miserable world. In America, a lot of homeless people dont have basic medical healthcare, in France, buying croissant is expensive to some people.
First Zimbabwe, Venezuela and bow Lebanon!!!
Ask China for help.
hire an audio engineer please, the quality of every new video is getting worst!
I will never again date single moms
01:27 – 01:28 : Hi
*sigh* here we go again
Feeling so sad for beautiful Lebanon habibi😢
with the west bank annexation by is real it going to be even worse
this is what happens when u have fiat money
Trust the Lord Jesus
Goes to show that they aren’t self reliant. Forget everything, grow food.
IBM INSHAALLAH BOOKRAEH MA3LAESH
Lebanon cannot grow enough food and has no resources but her people are very enterprising with huge successful diaspora which is larger than the current Lebanese population. Lebanon cannot support it’s current population and some Lebanese people may consider migrating to Europe, Americas and Australia and join the diaspora. Respects from Pakistan.
Hahaha now they now economy attack not
My right ear sends many thanks
Yes we live in perilous times, get ready for the future!
What sad poor everywhere poverty everywhere is heart breaking 😲🙄
I’m just eating some bread now
*FLEXXXXX*
Last night I saw my Lebanese friends partying like no other on whstsapp status
Beirut loved riba so much that it broke them.
Hezbollah is taking your money and in buying rockets to shoot into Israel! The people need to kick violent Hezbollah out of the country!
Hezbollah has over 40,000 rockets to fire at Israel in the next war.
Kick out Hezbollah, Syria, and Iran, and make peace with Israel. You will be happy and sage.
As long tas the hate continues you will be miserable!
The world is turning into custard.
Iran and lebanon must declare common wealth republics … Crush Saudi and Isreal, free palestine then distribute the wealth
BTC…
I would like to live in a different planet where there is wifi and food and shelter and no war… Most Human beings succumb to be evil ….
You deserve more than this, what you have done to the Ethiopian maids is horrific!
Sudan president overthrown and locked in because of increase of bread by 0.1%, for Lebanon is too much increase almost 5%
I am proud to be lebanese and i hope that everything will be fine one day insha’allah
I see very expensive cars …maybe fraud and corruption economy doesn’t work after all…
Banks aren’t reliable, and since they can’t withdraw any of their funds at the moment, buying expensive vehicles would preserve the value of your wealth relative to the rapid inflation.
middle east is a sh$thole