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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

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Posted by: tipper   2011-11-27 12:57  

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Posted by: SteveS   2011-11-27 12:54  

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Posted by: Pappy   2011-11-27 10:59  

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