There is apparently going to be a new set of demonstrations in Egypt set for the 11th of November, under the banner “Poor Peoples’ Revolution”…I have never understood the logic behind announcing these things. I mean, I understand that you want to inform the public, and try to mobilize, but of course, you are also…
Author: Shahid Bolsen
Shahid Bolsen is the founder of the Middle Nation Movement.
Shahid King Bolsen shared a link.
In short Egypt has exchanged public spending for debt-repayment spending. You are sending more money to the IMF and development banks in debt and interest payments than you used to spend on subsidies and public services. All while simultaneously decreasing government revenues. The debt colonization of Egypt is progressing more rapidly than anyone could have…