This post is more than 15 years old
Politics move quickly and opinions evolve. There's a good chance I no longer hold some of the opinions expressed in the post below
—Mustapha
Growth Doesn’t Come Cheap
October 21, 2010 · Mustapha Hamoui
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..