Friday, January 18, 2013

Egypt is fast becoming a Middle Eastern version of Haiti

Egypt is fast becoming a Middle Eastern version of Haiti: a country without meaningful tourism, minimal foreign investment, massive capital flight, and eventually an exodus of its best and brightest. That, of course, will inevitably become a crisis for Egypt’s neighbors, who will be forced to shoulder the political and security burdens of its implosion. But most of all, it is a tragedy for Egyptians themselves, who, having once dreamed of greater political liberalism after Mubarak, have woken up to an economic nightmare presided over by the Muslim Brotherhood. http://www.forbes.com/sites/ilanberman/2013/01/14/the-brotherhoods-agenda-cairos-catastrophe/

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