Egypt is unable to survive without massive aid from the US and other countries. So much for the Arab Spring and the leadership of the Muslim Brotherhood.
The cumulative effect is that 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.
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