February 28, 2013
THE EGYPT BOMB GOES TICK, TICK, TICK: “Egypt is set to explode, according to former Finance Minister Samir Radwan. Joblessness stands at 74 percent for people under 30, according to government figures. This figure is unlikely to improve . . . . The economy is in a meltdown. And the situation on the ground will only be exacerbated by the hordes of young people (under-30s make up an estimated 60 percent of Egypt’s population) unable to find work to pay for the rising costs of basic goods. Radwan is right, the time bomb in Egypt is ticking. There is nothing worse for an unstable country than a restive, and hungry, youth. The only question now is, when the explosion comes, what will rise from the debris?”
If I imported half my calories, and depended on tourism for most of my foreign exchange, I’d present a friendlier aspect to the world than the Muslim Brotherhood has.