Caution: Financial Storms approaching - And now Turkey's Lira, Russia's Ruble...
But while easily accessible, the action at Tahrir Square is not Egypt’s most important story. The most important, strategically consequential story is that Egypt is rapidly going broke. By the end of the year, the military dictatorship will likely not only default on Egypt’s loans. Field Marshal Tantawi and his deputies will almost certainly be unable to feed the Egyptian people.
Some raw statistics are in order here.
Among Egypt’s population of 80 million, some 32 million are illiterate. They engage in subsistence farming that is too inefficient to support them. Egypt needs to import half of its food.
http://www.jpost.com/Opinion/Column...
Opens in media box [Open in new window]
There were two trees in the garden...one produces / creates true life & blessings...the other one only consumes / deceives & curses...Whose is your Abba?
Become a Rap-Con Supporter!Donate and support our mission.
"At that time the sign of the Son of Man will appear in the sky... and they will see the Son of Man coming on the clouds of the sky, with power and great glory."
- Matthew 24:30
All views and opinions expressed are those of the individual posting them and are not necessarily the views of Rap-Con.com or its operators.
Jordan, Egypt, Libya, Lebanon Nanny States in Trouble
Fri, 10/14/2011 - 13:44Not producing enough food for their populations and diminished gov't ability to pay for imported food and bread subsidies...without borrowing from bigger gangsters...
The thief comes only in order to steal and kill and destroy, I came that they may have and enjoy Life (El Kaiya) and have it in abundance (to the full, till it overflows / is shared / fruitful) ...John 10:10
Stage 1 Bud - stealth / mingling / steal
Stage 2 Flower - act up / conflict / kill
Stage3 Fruit - control / eliminate / destroy
Turkey Sabre Rattling may be a Financial Sign...
Tue, 09/27/2011 - 19:49Turkish Lira depreciated against US dollar at a record low level on Monday, reflecting the negative sentiment prevailing in global markets due to European debt crisis
http://www.hurriyetdailynews.com/n.php?n=turkish-lira-depreciates-to-rec...
Congress - No funding for Sunni Gang Theology...
Sat, 10/01/2011 - 14:56Following the money...the largest welfare state on the planet...cursing or blessing...gov't without elections...a constitution but no regard for it...
Finally starting to see that aid, when distributed by gang members, is used as a weapon and distributed only to gang members, stealing, killing and destroying all others, ie Somalia, Congress says no more...
http://www.independent.co.uk/news/world/middle-east/abbas-is-punished-by...
http://www.rap-con.com/signs/world-bank-report-arab-financial-support-bi...
http://www.rap-con.com/signs/somalias-starving-christians-struggle-after...
http://www.rap-con.com/signs/us-pays-salaries-to-palestinian-terrorists
Jude 11...Woe unto them! for they have run riotiously in the way of Cain, and have abandoned themselves for the sake of gain (it offers them, following) the error of Balaam, and have perished in rebellion (like that) of Korah! Gen 12:1
Cain - intellectually smarter than God vain glory vs. God's will & True glory
Balaam - bribes, money & materialism vain glory vs. God's will & True glory
Korah - power & community organizing vain glory vs. God's will & True Glory
Incidentally also the characteristics of Satan as described in Eze 28 & Isa 14
Egypt Sunnis attack, burn, & loot Christian homes & businesses..
Sat, 10/01/2011 - 23:19Gang theology, is it a gov't? is it a religion? is it all about other peoples money? Gen 12:1 - Nimrodism...
The 3,000-strong mob of hard-line and Salafi Muslims gutted the Mar Gerges Church in the Elmarenab village of Aswan, then demolished much of its remains, multiple witnesses at the scene said. The mob also razed four homes near the church and two businesses, all Christian-owned. Looting was also reported.
Michael Ramzy, a villager in Elmarenab, said the attack started shortly after Muslims held their afternoon prayers. “Imams in more than 20 mosques called for crowds to gather and destroy the church and demolish the houses of the Copts and loot their properties,” Ramzy told local media.
http://www.compassdirect.org/english/country/egypt/article_121244.html
The Muslim Brotherhood's Salafi pact puts Egyptian Christians in great danger
http://blogs.telegraph.co.uk/news/michaelweiss/100087770/the-muslim-brot...
Arab League Calls for More Palestinian Aid
Mon, 10/03/2011 - 10:23Financial due diligence starting to affect money to the largest welfare states on the planet...
"The Arabs will assist the Palestinian Authority," Arab League head Nabil al-Arabi said Sunday in Cairo after a meeting with chief Palestinian negotiator Saeb Erekat. "This will be the strongest answer" to the U.S. cuts.
http://www.virtualjerusalem.com/news.php?Itemid=4915
http://www.rap-con.com/signs/world-bank-report-arab-financial-support-bi...
Congress starting to figure out the least inclusive and hating gov'ts are the very ones they send massive support to with no results...
http://www.rap-con.com/signs/congress-mulls-closing-plo-mission-in-washi...
http://www.rap-con.com/signs/somalias-starving-christians-struggle-after...
http://www.rap-con.com/signs/the-persecution-of-christians-in-the-middle...
http://www.rap-con.com/signs/us-pays-salaries-to-palestinian-terrorists
http://www.rap-con.com/signs/food-prices-could-hit-tipping-point-for-glo...
http://www.rap-con.com/signs/appeasement-satanic-gang-theology-lessons
Crashing Ruble needs help...follows Lira... starting to tank...?
Wed, 10/05/2011 - 11:20Bank Rossii intensified sales yesterday, selling $1.15 billion on the currency market, a “bigger than usual” step, Ignatiev told reporters today in Moscow. The ruble yesterday depreciated against the dollar for a fifth day, plunging to the weakest close in more than two years.
Policy makers in emerging markets are seeking to bolster their weakening currencies as global demand sags and the debt crisis on both sides of the Atlantic drains capital. Turkey’s central bank today sold $750 million for liras, its biggest such sale on record, after offering as much as $1.35 billion in a daily auction. The ruble is the fourth-worst performer so far this month among the 25 emerging-market currencies tracked by Bloomberg.
http://www.businessweek.com/news/2011-10-05/russia-sold-8-billion-most-s...