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94 - Egypt's Economic Crisis: A Perfect Storm?

The Red Line

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Egypt's Financial Crisis

Egypt's economy has been in trouble for a long time, we're going back to the 70s. There were debt crises at various points over the last 20, 30, 40 years. And you could say that that whole process of opening up of a new kind of mercatile class did create a dependency of reliance on external debt That has caused problems.

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