Anyone who has followed my account since the early days knows very well that I was intensely warning against the imminent economic subjugation of Egypt, and that I earnestly tried to draw the attention of the revolutionary movement to the real controlling powers that were determining the fate of the country. The entire focus of my writing was to help highlight these issues, and to help develop effective strategies to secure Egypt’s economic sovereignty. But the Muslim Brotherhood and their supporters, as well as other peripheral opposition groups, chose to completely ignore this reality.
In the months and weeks prior to the approval of the IMF loan in November 2016, there were only a small number of people who exerted a great effort to derail the plan for Egypt’s indefinite debt enslavement and its auctioning off to foreign investors, through a nonviolent pressure campaign. To this day, I view those activists as the greatest unsung heroes of the nation. They succeeded in delaying the loan, and had major groups like the Ikhwan mobilised in support of the effort, it could have been permanently undone. Instead, they denied the ramifications of the loan, denied the political impact and social disintegration that would result from the conditions of the loan, and denied the devastating consequences of giving foreign investors free reign in the country; and the loan was passed, and its conditions imposed.
The Muslim Brotherhood has a significant share in responsibility for the misery that has followed.