To the victor in Egypts presidential race: a terrible economy – CSMonitor.com.
The Muslim Brotherhood has fronted a candidate. A former ally of Mubarak may even run. But whoever wins will start with less than half the foreign reserves Egypt had before the revolution.
By Dan Murphy, Staff writer / April 3, 2012
The Muslim Brotherhood, after months of denials of interest in the presidency, nominated one of its own for the presidency of Egypt this weekend. In Cairo yesterday, rumors were flying that Omar Suleiman, the retired general who emerged as one of Hosni Mubarak’s closest confidants in the final years of his rule, was priming for a run of his own.
But there’s one solid fact that will confront whoever wins the presidency and that won’t be addressed by the most brilliant and fair constitution in human history: Egypt’s economy is in really, really bad shape. Continue reading “To the victor in Egypts presidential race: a terrible economy – CSMonitor.com”



