"Divine Victory" Cost Lebanese Families $35,000 Each
Hezbollah’s “Divine Victory” did not come without a price tag…
A Lebanese Hezbollah supporter waves a Hezbollah flag in front of a banner showing pictures of Hezbollah leader Sheik Hassan Nasrallah, bottom, Shiite Muslim spiritual leader Imam Moussa Sadr who disappeared on a trip to Libya in 1978, center, and Iran’s supreme leader Ayatollah Ali Khamenei, top, in the southern village of Kfar Kila, Lebanon, Thursday, Sept. 21, 2006 during “Divine Victory” rallies. (AP)
The thirty day Israeli war with Hezbollah in 2006 cost the country dearly.
Ya Libnan reports:
The Lebanese national debt is now an astounding $60 Billion, making Lebanon one of the highest debt-GDP ratios in the world. Distributing this amount over all Lebanese households, each family is now indebted to the tune of $75,000 as a result of the horrific succession of wars over the past 30 years, with the Israel-Hezbollah July ’06 war being the most recent…
…Incidentally, the family debt used to be $40,000 just a couple of years ago. But, the resistance to proposed reforms following Paris II, coupled with Hezbollah’s war, skyrocketed the debt to $75,000 … and, I’m afraid, the end is not yet in sight. Unless, of course, drastic steps are taken.