The Situation in Egypt

[Swing low, sweet chariot. Comin' for to carry me home.]

http://www.almasryalyoum.com/en/node/474279

not sure if this is receiving coverage in the West, but Egypt's economy is in rapid decline since the revolution.  The street is demanded the death of the former dictator and prison for any who profited under his rule - which means money and businesses are quickly fleeing Egypt and even though Egypt has recently received billions in loans from Saudi Arabia, the government is quickly running out of cash reserves.

[Swing low, sweet chariot. Comin' for to carry me home.]

Beet, the problem is that Egypt has burned through 25% ($9B) of its cash reserves in just the past 5 months (even though Egypt also received during that time period $4B in loans from Saudi, $3B from the IMF, and $2.3B from the Gulf States)...we could see mass starvation in Egypt in the coming 12 months.

And the reason why the MB has stood back from the continued protests is that the Egyptian military is now backing the MB.

[Swing low, sweet chariot. Comin' for to carry me home.]

Beet, the problem is that Egypt has burned through 25% ($9B) of its cash reserves in just the past 5 months (even though Egypt also received during that time period $4B in loans from Saudi, $3B from the IMF, and $2.3B from the Gulf States)...we could see mass starvation in Egypt in the coming 12 months.

And the reason why the MB has stood back from the continued protests is that the Egyptian military is now backing the MB.

correction, Egypt apparently turned down the $3B IMF loan after receiving $4B in loans from Saudi and $2.3B from the Gulf States

[Swing low, sweet chariot. Comin' for to carry me home.]

anyone having economic hope for Egypt in the near future should get a load of the pics in this article:

http://www.dailymail.co.uk/news/article-2019390/Whod-dustman-Cairo-Revolting-pictures-piled-rubbish-Egyptian-capital-label-Garbage-City.html

[Swing low, sweet chariot. Comin' for to carry me home.]

anyone having economic hope for Egypt in the near future should get a load of the pics in this article:

http://www.dailymail.co.uk/news/article-2019390/Whod-dustman-Cairo-Revolting-pictures-piled-rubbish-Egyptian-capital-label-Garbage-City.html

What has this to do with the revolution?

that Egypt has long been a basket case economically and has forced those of differing views into slums of garbage recycling....and this revolution is only driving more money out of Egypt and pushing these fringe group into futher repression.

[Swing low, sweet chariot. Comin' for to carry me home.]

anyone having economic hope for Egypt in the near future should get a load of the pics in this article:

http://www.dailymail.co.uk/news/article-2019390/Whod-dustman-Cairo-Revolting-pictures-piled-rubbish-Egyptian-capital-label-Garbage-City.html

If you had read the article, you would know that this has been going on for generations.

and what makes you think I didnt know that?

[Swing low, sweet chariot. Comin' for to carry me home.]

anyone having economic hope for Egypt in the near future should get a load of the pics in this article:

http://www.dailymail.co.uk/news/article-2019390/Whod-dustman-Cairo-Revolting-pictures-piled-rubbish-Egyptian-capital-label-Garbage-City.html

If you had read the article, you would know that this has been going on for generations.

and what makes you think I didnt know that?

Your other posts relate Egypt's economic woes to the recent revolution.  Thus, you are insinuating that this is also tied to the revolution and is thus a recent development.

you obviously didnt read all the posts prior to posting

anyone having economic hope for Egypt in the near future should get a load of the pics in this article:

http://www.dailymail.co.uk/news/article-2019390/Whod-dustman-Cairo-Revolting-pictures-piled-rubbish-Egyptian-capital-label-Garbage-City.html

What has this to do with the revolution?

that Egypt has long been a basket case economically and has forced those of differing views into slums of garbage recycling....and this revolution is only driving more money out of Egypt and pushing these fringe group into futher repression.

[Swing low, sweet chariot. Comin' for to carry me home.]

and the news gets worse...

Egyptians Turn Against Liberal Pro-Democracy Protesters

http://online.wsj.com/article/SB10001424053111904292504576482563347097284.html

[Swing low, sweet chariot. Comin' for to carry me home.]

Exactly; NPR covered this story yesterday and the general consensus among the people they interviewed was basically, "I do sympathize with the protesters, Of course, but I'm glad they're out of Tahrir because I was tired of the traffic problems it caused." 

and they're going to pin their hopes on the military which is now in bed with the MB...and this Arab Spring could easily topple Jordon and Saudi Arabia, and even cause Arab-Israelis to revolt.

this has got B.A.D. written all over it.

[Swing low, sweet chariot. Comin' for to carry me home.]

actually, it appears to be headed over the cliff much faster than I thought

[Swing low, sweet chariot. Comin' for to carry me home.]

actually, it appears to be headed over the cliff much faster than I thought

Libya is next

I'm actually close to removing my sig...at first,  most posters were like, "No Way! That would never happen"...pretty soon, everyone is going to be going, "Duh!"