Comments by "" (@shauncameron8390) on "Egyptian pound plummets to record low amid economic struggles" video.

  1. The IMF is the consequence of having people who couldn't run a hot dog stand to save their lives in charge of the country's economy.
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  2.  @WetPokey  Exactly.
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  3. How's that Arab socialism working out?
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  4. Or much of an economy.
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  5. Egypt is not a capitalist country.
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  6. Due to their own economic mismanagement. They're in a "toxic" marriage with the IMF, because they would much rather be in debt than face unrest and upheaval.
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  7. Egypt doesn't have oil.
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  8.  @mallek1989  While socialism cannot work without the free market to give it the illusion of viability even by Marx's own admission.
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  9. Maybe, but the government can't afford to keep subsidizing bread forever.
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  10.  @OmarOsman98  Just like Egypt currently relies on US financial aid.
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  11. Cuba.
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  12. Egypt's own poor fiscal policy was what led it to have to seek IMF help.
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  13. It's not the IMF's fault that countries mismanaged their economies to ruin and end up seeking it for help.
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