GREY:SDRYF - Post by User
Comment by
Millertime98on Dec 04, 2017 12:18pm
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Post# 27085629
RE:RE:Todays close!
RE:RE:Todays close!It is, but Egypt has been turning the corner for a few years now. The political stability from the Arab spring and rise/fall of the Muslim brotherhood government is over. The government is controlled by the army and the army is moderate, secular, and co-operative with western governments. Since the army has come to power they have stabilised Egypt politically and have put Egypt back on a path of economic reform. Egypt is/has been working with the IMF (and the US) since 2010 to stabilise their economy and government spending. With the new stability in greater Egypt (Sinai not so much :p) the country's deficit spending could be eliminated by 2020. They've made good progress in the last few years (check out some of their econpomic data) and I think they are on the upswing (barring any unforseen political turmoil or major ME conflict which is possible but note likely). Im bullish on all the upper rim NA countries barring Libiya of course (which will be a sh*t show for a long time to come).