“It’s all gone,” says one worker. “It will take ten years to rebuild.” From 1843mag
riddle has been doing the rounds on Lebanese social media, and its impenetrability gives as good an indication as any of the state of our financial system. It’s about grilled chicken:Now, a shawarma sandwich costs 8,000 Lebanese pounds, that is 90 cents.“Before” refers to a time near unimaginable now, the sort of “before” people reminisce about in a post-apocalyptic film as they warm their hands over a fire.
For most of the population, who have no access to foreign currency in a country that imports nearly all of its food, the impact has been shattering. The Lebanese pound has lost about 80% of its value since October. Many who thought they had finally established themselves comfortably in the middle class, with their retirement and children’s education secured, were forced into hand-to-mouth poverty. Those who were barely scraping by were reduced to acts of desperation.
Every time I go to the supermarket, these three rates whirl around my head and I find myself on the verge of tears. I have lost all reference points. Can it be that a toothbrush now costs 22,000 Lebanese pounds ? The same as a kilo of chicken? I’m almost sure it was never more than a can of tomatoes .
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