There are those and those as in every country I suppose. But their government seems to shit the bed.
From what I heard they have problems because their economy was tightly interwoven with Syria, and of course that fell somewhat flat, now Corona came as well.
And the Hisbollah doesn't want to deal with the IMF which could relieve the pressure.
People try to buy luxury items like crazy as investment cause tomorrow their money will be worth even less, while the poor can't pay rent and have trouble paying for food. Could be explosive.
I might not be very well informed tho.
This is somewhat in the right direction, but contains a few misstatements or oversimplifications.
The government in Lebanon has been systematically failing its people and has been mired in corruption, this is true, but part of the reason for this is because they've been caught in a tug of war between Saudi Arabia, Iran and Western powers like many countries in the region. Following widespread protests, there was a change in the government last year, but the new government wasn't able or willing to make more serious economic reforms (namely reforms to the banking sector that would have spread money more evenly through the economy rather than concentrating it in the hands of the upper classes). The local currency had already been collapsing as a result, but then when COVID hit, widespread unemployment and resource shortages sent everything into a nosedive.
Compounding this, the US recently announced sanctions broadly targeting anyone who has any connections to the Syrian regime. Because of the interconnected nature of Hezb in Syria and Lebanon, this meant the sanctions could apply to much of the Lebanese economy as well. This puts the government in the position to either oust Hezb, which they lack the power to do since they make up a considerable portion of the elected parliament, or divest from their Syrian interests, which is economically not possible. Add to this the US and Europe exerting their influence to craft austerity and divestment conditions in an IMF package and basically you have elites and Western powers conspiring to bring about a failed state so they can pick the winners they like as we've seen so so many times around the world before.
Right now a loaf of bread is basically thousands of Lebanese dollars. Food is scarce, people have taken to commiting suicide and sectarian tensions are simmering just beneath. An IMF intervention will probably stave off some of the trouble, but revolution or civil war is looking likely.
