![](https://images.jacobinmag.com/wp-content/uploads/2020/05/18153040/GettyImages-1208284573-420x315.jpg)
Lebanon’s Spectacular Economic Collapse
After 2008, Lebanon’s oligarchic elites engineered a financialized boom that fueled inequality and lined the pockets of bankers. Now its economy has imploded, leaving the country’s working class to foot the bill.