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Africa North
Looting the Egyptian Currency: Democracy in Action
2011-11-27
h/t Instapundit
The ugly denouement of the so-called Egyptian Spring is visible in the collapse of EgyptÂ’s stock exchange (down 11% in the first three days of this week) and the impending collapse of the Egyptian pound, as residents and foreigners flee to hard currency. A unique sort of brutality characterizes EgyptÂ’s currency crisis: banks cannot meet the demand for currency because it is impossible transport bank notes. Mobs hijack the armored cars...
Posted by:g(r)omgoru

#3  The Obama administration, the mainstream media, and the liberal punditeska sit insensate before this hideous spectacle like children at a matinee of “Peter Pan,” hoping that Tinkerbell will come back to life. “If you believe in the Arab Spring, clap your hands!”
Ah yes! memories
Posted by: tipper   2011-11-27 12:57  

#2  I have a wheelbarrow-load of inflated currency that says it will be.
Posted by: SteveS   2011-11-27 12:54  

#1  Could be worse...
Posted by: Pappy   2011-11-27 10:59  

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