Article

2014-04-13 Africa North

IMF: Egypt to Need More Financial Support

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Posted by trailing wife 2014-04-13 00:13|| || Front Page|| [4 views ] Top

#1 Maintaining corruption takes money.

Posted by Pappy 2014-04-13 08:51|| 2014-04-13 08:51|| Front Page Top

#2 True, Pappy. But Egypt has been living on borrowed money for a year now, and with the tourism trade down, and irregular power impacting manufacturing as well as the quality of life of the citizenry, the financial outlook doesn't seem likely to improve any time soon.

Posted by trailing wife 2014-04-13 13:41|| 2014-04-13 13:41|| Front Page Top

#3 There seems to be a lot of financial black holes around this world that the IMF seems to think that they can fill up....with other people's money.

Posted by Alaska Paul 2014-04-13 15:23|| 2014-04-13 15:23|| Front Page Top

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