Failed treasury auction portends Egyptian disaster


Egypt faces a disaster of biblical proportions, and the world will do nothing about it. Officially, Egypt's foreign exchange reserves fell by half during 2011, including a $2.4 billion decline during December - from $36 billion to $18 billion, or about four months of imports.

The first reports of actual hunger in provincial Egyptian towns, meanwhile, are starting to trickle in through Arab-language press and blog reports. A shortage of gasoline accompanied by long queues at filling stations and panic buying was widely reported last week. In some towns, for example Luxor in Upper Egypt, the disappearance of diesel fuel shut down bakeries, exacerbating the spot shortages of bread.

It is not clear whether the localized shortages of food and the nationwide shortage of gasoline reflect a buyers' panic, or large-scale theft, or an effort by the central bank to conserve foreign exchange by slowing essential purchases - or all of the above. Nearly half of Egyptians are functionally illiterate. Nine-tenths of adult women have suffered genital mutilation. Almost a third of Egyptians marry first or second cousins, the fail-safe indicator of a clan-based society. Half of Egyptians live on less than $2 a day, and must spend half of that on food.

Under duress, and after the collapse of the secular military dictatorship that ruled Egypt since the Free Officers coup six decades ago, Egyptians naturally revert to traditional institutions: mosque, tribe and clan.

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lost_and_found's picture
lost_and_found's analysis:
Though I don't want to be dogmatic about this, it does sound like the burden of Egypt in Isaiah 19:13-16

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lost_and_found
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Joined: 05/05/2011
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Isaiah 19:2And I will set the

Isaiah 19:2And I will set the Egyptians against the Egyptians: and they shall fight every one against his brother, and every one against his neighbour; city against city, and kingdom against kingdom.

3And the spirit of Egypt shall fail in the midst thereof; and I will destroy the counsel thereof: and they shall seek to the idols, and to the charmers, and to them that have familiar spirits, and to the wizards.

4And the Egyptians will I give over into the hand of a cruel lord; and a fierce king shall rule over them, saith the Lord, the LORD of hosts.

Isaiah 19:8The fishers also shall mourn, and all they that cast angle into the brooks shall lament, and they that spread nets upon the waters shall languish.

9Moreover they that work in fine flax, and they that weave networks, shall be confounded.

10And they shall be broken in the purposes thereof, all that make sluices and ponds for fish.

11Surely the princes of Zoan are fools, the counsel of the wise counsellors of Pharaoh is become brutish: how say ye unto Pharaoh, I am the son of the wise, the son of ancient kings?

12Where are they? where are thy wise men? and let them tell thee now, and let them know what the LORD of hosts hath purposed upon Egypt.

13The princes of Zoan are become fools, the princes of Noph are deceived; they have also seduced Egypt, even they that are the stay of the tribes thereof.

14The LORD hath mingled a perverse spirit in the midst thereof: and they have caused Egypt to err in every work thereof, as a drunken man staggereth in his vomit.

15Neither shall there be any work for Egypt, which the head or tail, branch or rush, may do.

16In that day shall Egypt be like unto women: and it shall be afraid and fear because of the shaking of the hand of the LORD of hosts, which he shaketh over it.

Shama-Shamar-Kaiya's picture
Shama-Shamar-Kaiya
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Joined: 07/11/2011
Posts: 712

Egypt's financial storm ...

"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."

http://www.rap-con.com/signs/caution-financial-storms-approaching

http://www.jpost.com/Opinion/Columnists/Article.aspx?id=229458

Shama-Shamar-Kaiya's picture
Shama-Shamar-Kaiya
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Posts: 712

Egypt's past & present persecution of believers and those who call themselves "traditional Christians" is huge flying largely under the radar thanks to the Hb#5953 Ar#5954 alal = defiled & defiling MSM and UN gangsters, forcing / making 6 million plus people live in cities of garbage dumps and fulfilling ...

John 16:1-2...I have told you all these things, so that you should not be taken unawares & falter or be caused to stumble & fall away. I told you to keep you from being scandalized & repelled. They will put you out, expel you from their "places of worth ship". But an hour is coming when whoever kills you will think & claim that he has offered a service to God. And they will do this because they have not known the Father or Me.

Islamic Theology divides the World into two regions
Dar-Al-Islam : The house where Islam rules with Sharia caliphate
Dar-Al-Harb : The house of War - anywhere else where muslims are waging war against non-muslims via politics, purchased relations, deception...

Rom 3:13...Their throat is a yawning grave; they use their tongues to deceive (al makir to deal treacherously). "the venom of asps" Psa 5:9 (arabic script / mark of the serpent) is beneath / behind / in control of their lips. Their mouth is full of cursing and bitterness Psa 10:7 Their feet are swift to shed blood. Destruction (as it dashes them to PIECES) and misery mark their ways. And they have no experience of the Way of Peace (they know nothing about peace, for a peaceful way they do not even acknowledge or recognize) Isa 59:7-8 There is no (reverential) fear of God before their eyes. Psa 36:1

Psa 94:23...Shall the throne of iniquity have fellowship with You? they who frame & hide their Hb# 5999 amal / unrighteous doings under the name of the law? They band themselves together against the life of the consistently righteous and condemn the innocent to death. But the LORD YHVH has become my HIGH TOWER & Defence and my God the ROCK / ANCHOR of my refuge ... And HE YHVH will turn back on them their own iniquity and will cut them off by means of their own wickedness, YHVH our God will wipe them out...

Wickedness / Uncircumcision - uncaring, unwilling, no longer able .. Mark 4:24-25 .. to separate the useless from the useful, the divine from the profane, the good from the evil, truth from deception, that which blesses from that which curses, friends from enemies... Alal Hb# 5953 wickedness - immaturity to the tresspasser, willfully ignorant to the sinner, or committed unrepentant lifestyle to the defiler .. Gen16:12KJV .. Gen21:9-10KJV ... Gal4:28-31KJV ... 1Cor15:1-4

YHVH = Behold Our Strongest and Surest Help Foundation Anchor Refuge in this Age and the next

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