EGYPT - dithering.

[Glyphdoctor]

So? You are still talking about the UK, not Egypt. Get to the point.

[A-Four]

When in the West a new president or prime minister comes to power they have great ideas, which they expect to become law as soon as possible, that is until the ever powerful civil service step in, and puts the mockers on it.

Some time ago now in Greece, because of its almost bankrupt state of affairs, it went into what we would call 'administration' where there were no civil servant and no politicians. These seemingly faceless people used their know how into getting Greece back on its feet, and although 'not walking', at least the nation was standing, though with rather vigorous limitations on how it would walk. By this time the 'cat was out of the bag' and the population was certainly not going to vote for even more austerity, the rest is history.

The problem with Egypt is that it has been in some form or other of administration for the past four years, and it's very difficult to understand who is pulling the strings of the day to day workings of the nation. I believe both President Sisi and Mousi were both honourable men, though from opposite ends of the political spectrum. The past is gone we look now to the present day and future.

President Sisi has brought his nation back to how things were before the so called revolution, for two years he has more than likely been surrounded by equally well meaning people to push Egypt forward, my question is, are these people suitably qualified for the work they have been undertaking for so long.

It became quite evident after Madam La Guard, of the I.M.F. has three times in nine months refused any loans until after there has been an election, the same can be said regarding loans from the Europeans, so they have observed that Egypt's finances are in a mess. Within the last six months there have been three governors of the Bank of Egypt in the past three months, where the last one simply walked out, is very telling.

When a new government is elected in December and takes over power, the prime minister and every M.P. within that government will want to do their best to help Egypt go forward for the sake of their constituents, and of course to be re- elected. That is fine when you have a known playing field, but I fear that when the doors of the treasury are opened up, the population of Egypt are going to find themselves in dire straits even in five years from now. Will the electorate blame these present faceless people who are running the nation now, who will be long gone?..........No, and they certainly will not blame President Sisi.

It is the fools who dash in.

[newcastle]

I suspect most Egyptians consider that the economy, on a macro level, is in the hands of Allah, as he does battle with "foreign forces" trying to undermine the country.

On a micro level - finding work, putting food on the table - I doubt they consider the country's economy at all, let alone those who administer it.

[Glyphdoctor]

Five years ago, October 2010, did you know what things were going to be like in Egypt today, let alone what would happen in between? Or any of what is going on in the region or world these days?

I doubt it. So really at this point predicting who the people will blame, if they want to blame anyone at all for a problem that may or may not happen, is a bit premature. It's even premature to assume the parliament elected now will actually keep their seats for the next five years.

[A-Four]

On a micro level - finding work, putting food on the table - I doubt they consider the country's economy at all, let alone those who administer it.

Maybe so Newcastle, but I wrote up on here last week, one of the faceless people in the present administration has persuaded the president to pay the full international rate for wheat produced locally, when a reasonable increase would have sufficed.

Who do you think will pay for the new 12.75 interest bank rate bond? It is those seeking work to put food on the table, but then again I say, who will the people blame ?

[A-Four]

Five years ago, October 2010, did you know what things were going to be like in Egypt today, let alone what would happen in between? Or any of what is going on in the region or world these days?

I doubt it. So really at this point predicting who the people will blame, if they want to blame anyone at all for a problem that may or may not happen, is a bit premature. It's even premature to assume the parliament elected now will actually keep their seats for the next five years.

What I have written about, will certainly not see true effect for at least one year.

Do you think that a bank can offer a 12.75% without have dire consequences for the future, if you don't, check out what happened to a little country called Iceland, back in 2007.

[newcastle]

On a micro level - finding work, putting food on the table - I doubt they consider the country's economy at all, let alone those who administer it.

Maybe so Newcastle, but I wrote up on here last week, one of the faceless people in the present administration has persuaded the president to pay the full international rate for wheat produced locally, when a reasonable increase would have sufficed.

Who do you think will pay for the new 12.75 interest bank rate bond? It is those seeking work to put food on the table, but then again I say, who will the people blame ?

Going by past experience - anybody but themselves.
.
And yet the success or otherwise of Egypt is basically down to the people themselves (as Sisi has stated more than once).

Pulling together, addressing the implications of their religion in day to day life, and, above all, being incredibly patient....way beyond the time scale you're envisaging.

They gave Mubarak 30 years before kicking over the traces.

[A-Four]

Kings and presidents in the Middle East and Central Africa go on, and on until they either rot, fall on their own swords, or do a quick exit, if they are lucky, and until either one of those three happens, the longer they reign the sooner they become the father of the nation, as most of them design this to be so.

I remember years ago the then government in Egypt needed to raise a tax by 5%, they were advised to inform the nation that it was to be 20%, there was immediate outrage, Mubarak went on television to inform 'his' people, that this was totally unnecessary, and stated that by presidential decree this was reduced to only 10%, the people love him for this............ I have often wondered where the other 5% ended up.

It is within the next year that the M.P's of this future government will suddenly realise the till is not only empty, which most I am sure will realise, but the fact that the till holds massive I.O.U.'s, then,........there may be trouble ahead, but while there's moonlight,......etc.......etc.

[A-Four]

Five years ago, October 2010, did you know what things were going to be like in Egypt today, let alone what would happen in between? Or any of what is going on in the region or world these days?

I doubt it. So really at this point predicting who the people will blame, if they want to blame anyone at all for a problem that may or may not happen, is a bit premature. It's even premature to assume the parliament elected now will actually keep their seats for the next five years.

What I have written about, will certainly not see true effect for at least one year.

Do you think that a bank can offer a 12.75% without have dire consequences for the future, if you don't, check out what happened to a little country called Iceland, back in 2007.

It can be interesting sometimes to look back a year or so, so who do we think today the average Egyptian person will blame for its present day problems and more importantly how at this very late stage, what further measures are required before a new general election in Egypt.

[Major Thom]

I would be supervised if there was a general election in Egypt in the near future. The Country is entering Austerity and it has been I the cards for a long time, caused by years of money been taken out by previous governments. I don't know what the future hold or how it's intended to keep prices down for the many to be able to survive. These measures had to come though. The same way Austerity had to come to the UK. It's a very difficult balancing act at the moment, and it's going to be hard to get over to the people why these measures have to be taken for the sake of their Country, from people that like to keep things so secretive, if things were more open I think people will accept these measures more. But I wish Egypt well and hope that people think more of the future of Egypt than the present time. People still talk, so reading and education do not come into it when explained properly.

[newcastle]

I would be supervised if there was a general election in Egypt in the near future..

I don't see why.

Are the authorities likely to see you as a threat to the electoral process?

[A-Four]

Five years ago, October 2010, did you know what things were going to be like in Egypt today, let alone what would happen in between? Or any of what is going on in the region or world these days?

I doubt it. So really at this point predicting who the people will blame, if they want to blame anyone at all for a problem that may or may not happen, is a bit premature. It's even premature to assume the parliament elected now will actually keep their seats for the next five years.

What I have written about, will certainly not see true effect for at least one year.

Do you think that a bank can offer a 12.75% without have dire consequences for the future, if you don't, check out what happened to a little country called Iceland, back in 2007.

It can be interesting sometimes to look back a year or so, so who do we think today the average Egyptian person will blame for its present day problems and more importantly how at this very late stage, what further measures are required before a new general election in Egypt.

What will Egypt's future be for the next 12 months ? .

[Major Thom]

How are they going to control inflation, price rises, and keep poverty from rising. No one has said, or is it a secret.

[newcastle]

What will Egypt's future be for the next 12 months ?

Only a fool would pretend to be able to answer that....and I suspect we won't have long to wait

[newcastle]

What will Egypt's future be for the next 12 months ?

Only a fool would pretend to be able to answer that....and I suspect we won't have long to wait

[newcastle]

How are they going to control inflation, price rises, and keep poverty from rising. No one has said, or is it a secret.

I think most people accept that rises in prices and an increase in poverty are inevitable.

What isn't clear at the moment is how, and to what extent, the government can mitigate the effects on the most disadvantaged section of the public.