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The Bread Crisis in Cairo

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mormonchess Posted: Fri, Jun 6 2008 7:39 PM

My apologies if this has been posted onsite elsewhere, I looked, and didn't see anything.  I found this article to be very interesting.  Bread riots?  In a supposedly modern Arab country?  Amazing.

 

http://www.csmonitor.com/2008/0606/p04s05-wome.html

 

 

Wow, and government interference hasn't solved the problem.  Go figure.

 

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mormonchess:
http://www.csmonitor.com/2008/0606/p04s05-wome.html

"Egyptians are... caught in a storm of stagnant wages, rising global food prices, rampant corruption, and a quickly advancing inflation rate that hit 16.4 percent in May"  

...why doesn't the Egyptian government do something about all this?

 

The article reminds me of the other African calamity bob - Zimbabwe's Robert Mugabe - who earlier this year sent police into grocery stores ordering retailers to slash their prices. Don't think he managed to curb inflation.

Austrians do it a priori

Irish Liberty Forum 

 

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