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

The Red Line

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The Struggles of Egypt's Economy

The street in Egypt has a high degree of patience. It won't attract my attention as a serious economic problem until we start to see suspension of economic activity, general strikes or sectoral strikes. If people start taking to the streets, it's going to be because they're hungry or the basic services are not being met. For now, I think they'll muddle through their ability to do so despite what looked like severe economic headwinds"

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