PRINCIPLE OF LEVERAGE

Shifting Sands: The Emerging Dynamics of Superpowers in the Global Landscape   By Youssef E. Chamoun Youssef's Blog   PRINCIPLE OF LEVERAGE Author's Description:  Converting the power of words into reality and disseminating financial blogging and music tools and concepts worldwide Introduction The dynamics between superpowers like China, Russia, and the Middle East are changing in a world of rapid change and intricate connections. These nations are navigating a multifaceted landscape, exploring new avenues of influence, and potentially challenging the existing U.S.-led global system. This blog post delves into the intricate web of economic investments, military presence, technological leadership, diplomatic relationships, cultural ties, and regional dynamics that shape this unfolding story. Economic Investments: Building New Bridges China's Belt and Road Initiative and Russia's efforts to reduce dependence on the U.S. dollar are examples of strategic economic investment...

   Living and Working Through Hyperinflation: A Tale from Lebanon Despite the harsh realities of hyperinflation, Beirut's pulsating nightlife and constant influx of international visitors keep the city's urban landscape alive. An unparalleled economic crisis is intertwined with a spirit of resilience, adaptation, and survival in this city and throughout Lebanon. Picture an average Beiruti worker in the year 2023. They are paid partially in US dollars and partially in Lebanese pounds. The USD component maintains its value despite rising inflation, providing a lifeline amid an otherwise turbulent sea of economic instability. The LBP part, however, presents a different picture. With each passing day, they have less purchasing power thanks to their LBP. Food, shelter, and transportation are all experiencing price increases. The difficulty of making ends meet increases, despite the fact that some of the wages are paid in US dollars. But in the city of Beirut, a very different situa...

  Rising Wages: A Mirage  During Economic  Challenges Author:  YOUSSEF.E.CHAMOUN Created:  7/12/2023 Tags:  #wage increase #rat race #financial freedom #inflation #interest rates According to recent studies, the average worker's pay has increased by 5% in the last year. At first glance, this would seem like a good thing, but upon closer inspection, it becomes clear that increasing salaries do not always equate to better financial well-being. The idea of a rising income might just be a false mirage in the face of rising interest rates and inflation. This article emphasizes the importance of people taking charge of their financial destiny while illuminating the complexity around wage increases. The False Promise of Wage Growth While a 5% pay raise could appear alluring, it is important to consider the larger economic environment. The purchasing power of these higher wages may be reduced by rising interest rates and inflation. Particu...

Introduction: Lebanon's economy is currently struggling to recover from a severe economic crisis that is characterized by hyperinflation and a currency that is rapidly losing value. The people of the country are struggling to make ends meet as a result of soaring costs and a severe reduction in their purchasing power. It was the 34th consecutive month that Lebanon was experiencing hyperinflation when the country's annual inflation rate reached a startling 269% in the month of April 2023. This article digs into the ongoing problems that have been brought about by hyperinflation in Lebanon, exploring the influence that it has had on a variety of different economic sectors مقدمة:  يكافح الاقتصاد اللبناني حاليًا للتعافي من أزمة اقتصادية حادة تميزت بالتضخم المفرط والعملة التي تفقد قيمتها بسرعة.  يكافح سكان البلاد لتغطية نفقاتهم نتيجة لارتفاع التكاليف والانخفاض الحاد في قدرتهم الشرائية.  كان الشهر الرابع والثلاثون على التوالي الذي يشهد فيه لبنان تضخمًا مفرطًا عندما وصل معدل الت...

 Lebanon Beirut Inflation rate for March 2023 By Youssef. E. Chamoun's   In March 2023, Lebanon's inflation rate reached a new high. Political unrest and economic difficulties have hampered Lebanon's economy for years, and things seem to worsen.  The nation's annual inflation rate rose from 190% in February 2023 to an all-time high of 264% in March 2023.  The Lebanese people are concerned about this inflation rate because it is the greatest since similar records first started keeping track of inflation in 2008. Inflation Drivers:   The expenses of communication increased by an astounding 620%, which was a major contributor to the inflationary pressures.  While restaurants and motels had an increase of 386% alcoholic beverages and tobacco saw a 451% increase.  Transportation prices rose by 301%, housing, and utility costs by 130%, and health expenditures by 374%.  Food and non-alcoholic beverage consumption increased from 261% in Febr...

The weakening of the U.S. dollar and its effect on the Lebanese economy. By Youssef E. Chamoun If you're interested in delving further into the topics of micro and global economics, I invite you to explore my blog at https://youssefchamoun.blogspot.com/. There, you'll find insightful articles and analyses on a wide range of economic issues, from the latest global market trends to the intricacies of microeconomic theory. Whether you're a seasoned economist or simply interested in learning more about how the world economy operates, my blog provides a wealth of information and perspectives to broaden your understanding. I hope you'll find it to be a valuable resource in your pursuit of economic knowledge. The Lebanese currency has lost 90% of its value due to devaluation. What would happen if the US dollar became even weaker? The Lebanese economy is heavily dollarized, meaning that the US dollar is widely used in transactions and many assets and liabilities are denominated...