Why Egypt’s Economy Is (Still) Getting Worse

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With a strained national budget and a low number of private investors, Egypt's economy keeps getting worse. In this video, we're taking a look at what's causing Egypt's economic woes, why the IMF never says 'no' to its bailout, and whether we're due another bailout soon.
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[@Jakeman671]

Is it a crisis if it's neverending?

[@Wasnt-1]

there's a bail out

[@JamilaJibril-e8h]

​@@Wasnt-1what is that !?

[@davianoinglesias5030]

Sounds like the status quo

[@matheussanthiago9685]

Argentina: first time?

[@willpickering5829]

Just business as usual

[@ambessaseway5594]

Instead of building affordable housing Egypt is building 800m Skyscrapers

[@ahmed4100]

Tbf theyre doing both lol

[@matheussanthiago9685]

Fun fact 99% of military dictatorships give up when they're one vanity project away from developing their country

[@nasseribnamr9043]

@@ahmed4100 so those private compounds are affordbale?? 😂

[@DaēnāVanguhi]

Sexy obelisks

[@something1600]

That's a lot of Skyscrapers.

[@MethDealer5916]

In Egypt, we don't add to our prices, we multiply.

[@moaazeltonsy69]

true😢

[@moaazeltonsy69]

true😢

[@metwallyyisgood]

frr

[@CarlCaf]

troll, you are not Egyptian, Nice screen name by the way. LOL

[@MethDealer5916]

@CarlCaf بس يلا

[@davianoinglesias5030]

Egypt : We don't have money and our economy is trash. Also Egypt : Let's build a series of new cities, buy some shiny military hardware and build the largest flagpole in the world

[@user-or1rm1ol3q]

Who said we don't have money and our economy is trash ?

[@testnameplsignore6916]

@@user-or1rm1ol3qidk like perhaps the eleven imf bail-outs?

[@testnameplsignore6916]

These aren’t necessarily the indicators of a healthy, functioning economy 😅😅

[@masao2922]

New cities draw in more investors, both foreign and domestic. The military funds itself, which is why it has its own businesses. Meaning less than 1% of taxes actually end up in the military and go to something else useful.

[@stereomachine]

@@masao2922 Investors in what? What industry is there with significant export power? There is no plan.

[@hydoffdhagaweyne1037]

Maybe you should not spend tens of Billions of dollars building new cities while the country is heading into an economic turmoil.

[@user-op8fg3ny3j]

*cities that the working class can't afford, that are literally in the middle of the desert with no public transit links, and awfully designed from an urban design perspective.

[@nisrmasry2134]

The Egyptian government is very corrupt and they were meaning what they have done in order to have a safe refuge in safe isolated new cities, far from the rest of the poor people

[@anthonymanderson7671]

Countries around the world should learn from this so they couldn't repeat what egypt is doing.

[@pondeify]

racist.

[@wawrzynieckorzen78]

Nah, its certainly the West fault and caused by imperialist policy of emperor Octavianus Augustus ;)

[@Magdyy]

The Egyptian president once said : I don't do Feasibility studies. if I did so, we wouldn't have achieved all those projects That tells you how tf military run this country

[@LaDarkMatter]

They're a fuckin gang taking control over the country. Somebody save Us

[@Scientistphys]

This is not true...the sentence is taken out of context...

[@myname2938]

Every project we made was very well studied and was put in a drawer because there wasn't money...he stated alot that they do Feasibility study. The one time he tried to flex about do projects fast.. The media got it out of context and made it famous and everyone keeps repeating it. His main problem he didn't let private sector to do them and he insisted on do them all at the same time, while the country was healing from the arab spring and from trouble after trouble

[@theordinary44]

Stop sharing lies about Egypt

[@Magdyy]

@@theordinary44 I'm Egyptian retard . The new suez canal is the best example All profs said it's not necessary and the construction in just one year exhausted the foreign reserves dropping 8b $ in vain

[@skeletonking4119]

“We don’t suffer from economic problems, we only have a lots of thieves “ - old Egypt scholar and politician teacher

[@lil_unknown0757]

true, they are not that fool to fall in such problems, they are thieves, that's the suitable situation to steal as much as they like and fill their big a$$ out

[@Bb_bb-n4y]

يا راجل 😂

[@Belal.-Ahmed]

writing from Egypt The situation is deteriorating unexpectedly.. Living has become extremely difficult and obtaining the basics of living is one of the most difficult challenges.

[@haskeke8154]

أحسن

[@ahmed-1301]

An Egyptian historian once said, "90% of all the world's injustice and corruption resides in Egypt, the remaining 10% travels the world by day and returns to Egypt to spend the night."

[@TheResistance-ye8bh]

It was Sheikh Kishk, not a historian. He said "99% of injustice in the world resides in Egypt. 1% travels the world by day and returns to Egypt to spend the night."

[@ahmed-1301]

You're correct. My source was not accurate. Thank you!

[@haskeke8154]

corrupt people

[@gingerkilkus]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on now.

[@AlfredWilliams-ki6ri]

Inflation already have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

[@Franklin-gq4si]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $150k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

[@williamDonaldson432]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $250k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

[@foreverlaura-fq4eu]

@@williamDonaldson432 this is huge! would you mind revealing info of your advisor here please? in dire need of portfolio rebalancing

[@foreverlaura-fq4eu]

this is huge! would you mind revealing info of your advisor here please? in dire need of portfolio rebalancing

[@Bustychiken]

i'm from Egypt, we are getting poorer per second . everyday the prices gets higher.

[@Ahmed-gg4oz]

The whole world is getting poorer not exclusive to egypt

[@rihannatarek]

You are not Egyptian, and secondly, there are economic crises all over the world. Look at how Britain is now. The government has flooded Egypt with 17 million refugees.

[@JabbarTV1]

@@Ahmed-gg4oz Egypt is exceptionally worse than anywhere else over the past 3 years

[@fesyuki]

​@@JabbarTV1 we know the reason let him realise it

[@commonsenselucy5697]

Isaiah 19

[@savage_aly8752]

As an Egyptian, i really have nothing else to say except that we are cooked and have been suffering since 1952. Gotta thank the army for that!

[@user-or1rm1ol3q]

روح اتهاك من ورا

[@ballenboy]

As a non-Egyptian, I think your constant increase in population will be the straw that breaks the camels back when things get wobbly. You can thank the Egyptians for that. You were 22 million in 1952. Now you are 105 million! living along one big river...

[@apc9714]

Egyptian army: "Never won a war, never lost an election"

[@mohamedalaa9510]

​@@ballenboyabsolutely mistaken... china india brazil nigeria mexico even Bangladesh... all these countries has a spike in their pop number.. none of them is worse than Egypt in terms of poor economic performance corruption is aleading cause

[@realpolitics527]

​@@apc9714 Exactly the same situation in Pakistan

[@muhammedjaseemshajeef6781]

The first thing about economics Never ever let millitary rulers (or former millitary leaders or close to millitary) run a country, because millitary is terrible in running economy For example pakistan

[@Brancoladage-zk3xr]

As if your shameless begging and toiletless slum-county is any better 😂😂😂😂

[@fesyuki]

Absolutely right 100%

[@GJ1998ARG]

Argentina last century

[@nasseribnamr9043]

The military is dooming any country

[@fesyuki]

@@GJ1998ARG exactly

[@natedcarr6148]

To say Egypt's finances need reform is an understatenent; more like it needs a complete overhaul.

[@omargamal2246]

Egyptian here. Won't bore with mega details. It's perfectly explained in the video. Just wanted to show you how it looks like from a citizen's side. Average income is $200 a month. Average car price is $31,000. You need to save every penny for 155 months to afford a car.

[@zeyadslim4097]

well that is if the actual average is 200$ which is not really obtainable most people i would say make about 100$ or so if not less. Although the average income maybe inflated by the insane gap in income between the different classes.

[@-DrMohamedAtef-]

bro who gets paid 200& per month ?? the government pays 120& and the private sector starts at 50& and hardly goes up.

[@living-in-a-wasteland]

@@-DrMohamedAtef-factsss

[@KobraArab]

@@-DrMohamedAtef- That 120 is for low ranked workers and about 100 dollars for minumim wage, Someone like a CEO or an Important worker in a company or the bank can get 200+ dollars a month

[@gherbihicham8506]

​@@-DrMohamedAtef- Maybe people should start thinking in terms of median income rather than average income, one billionaire Egyptian can drive up the average income, the median is a more representative statistic in these sorts of situations.

[@nicolasbenson009]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@TinaJames222]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@HectorWhitney]

Even with the right strategies and assets, investment returns can still vary between investors. It's important to recognize the crucial role that experience plays in achieving success. I came to understand this and decided to consult a market analyst, which helped me grow my portfolio significantly, nearly reaching a million. I strategically withdrew my profits just before the market correction and am now seizing new buying opportunities.

[@JohnSmith060]

Please can you leave the info of your investment advisor here? I’m in dire need for one

[@HectorWhitney]

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Melissa Terri Swayne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

[@BellamyGriffin19]

Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@AlexC-ou4ju]

it hasnt been a good year for egypt, the houthis haven't helped by discouraging many ships from paying the suez canal charge

[@da7war655]

We can easily erase them but the ppl and the dumb arabs and muslims will accuse us of protecting Israel and that's why the government are afraid of the reaction of the Egyptian ppl

[@Adam-nw1vy]

I heard they lost 5 billion USD from Suez Canal disruptions alone

[@ZoomZoomMX3]

They probably should of stopped supporting Iran and other regional terrorists then.

[@ZoomZoomMX3]

Or make them loose revenue from canal shipping fees

[@ahmedsaleh8659]

Lies

[@medhatjoker]

الاجانب وصلهم الازمة اللي مصر بتعشيها والاعلاميين عندنا بيقنعونا بالانجازات اللي معيشانا في رفاهية

[@mostafaelmadany8046]

ده اخوان

[@voldemort_iv]

​@@mostafaelmadany8046 ???

[@omarabdulazizuthman7375]

بس يلا

[@medhatjoker]

@@omarabdulazizuthman7375 يلا؟ انا لو كنت خدام عند امك مش هتقولي كدا

[@LeafSouls]

@@mostafaelmadany8046 انته اخوان

[@Medjayon]

Only 1 reason: El-sisi.

[@Lin.Do.n]

Gotta love that strategic location leverage. Neither the other Arab countries or the West wants an unstable Egypt. They'll keep funding it. Heck they can probably leverage China and Russia into supporting them as well, and thus force the West to upp their support. Thats how a good player plays the Great Game.

[@mazenadel7905]

Yes Chinese companies keep increasing their investments in Egypt, while Russia used to sell weapons to Egypt with a discount pre-war

[@momon969]

But should Egypt become unstable anyways, the world's powers might not want to put up with them anymore. In the long term, it'll be more convenient to remove Egypt's current regime, and they might just work towards that.

[@wildfire9280]

It eventually stops working in the long run.

[@fatgrubman645]

Well it would be a better player if they actually grew their economy off this leverage, really no excuse for this level of ineptitude given Egypt's importance to world trade.

[@WijbrenvanTuinen]

It's not sustainable, though. Thing are, in fact, getting worse and worse. Population growing, population getting poorer and poorer. Everything is stable until it's suddenly not. The IMF's cannot keep Egypt afloat; it's only delaying the implosion. When that happens ... well, look at Lebanon.

[@giovanifm1984]

Egypt is Argentina in North Africa.

[@waeemo]

Let's not exaggerate

[@user-op8fg3ny3j]

Borrowing to construct new infrastructure isn't necessarily bad as when done right, it grows the economy. The issue is that these Arab states constantly build huge lavish projects that aren't meant to benefit the working class and it's always car centric in nature because that's how the rich commute

[@RK-cj4oc]

Car centric is also how the average worker commutes. For good reason. Public transport is great and all. It cannot substitute car transport fully.

[@user-op8fg3ny3j]

@@RK-cj4oc the reason why Cairo is facing the issue it has, is precisely because of car dependency. The government complains of overcrowding yet has gigantic roads in the crowded capital. People would be able to live outside if they invested in rail connections to commute people into Cairo.

[@zoetje9817]

@@RK-cj4ocand public transit doesn’t fully replace cars. Nobody makes that argument. It is, however, an important and efficient way to move lots of people from point A to point B.

[@nntflow7058]

False. It only makes sense if the project directly generate income for the country (income that came from foreign countries, like manufacturing sites, natural resources extraction, etc.) Increasing the quality of the live for the population doesn't increase the GDP or Tax Revenue for the government.

[@user-op8fg3ny3j]

@@nntflow7058 increasing productivity literally does increase economic activity though. That's why even non-profit public transit can increase GDP if it is built strategically. And it shouldn't need explanation why a housed person is a better worker than an unhoused one.

[@RhombusOfTheJ]

Why is the IMF trying to stop Egypt from subsidizing necessities rather than requiring them to stop their mega projects?

[@mohamedz87]

Because they know that no Arab leader will ever admit they were wrong, or that they were wasting time and resources. So they go for the option more likely to palatable.

[@mishaf19]

Because these mega projects are non-negotiable for the ruling class. They know their position is unstable so instead of basing themselves out of Cairo where they can be overthrown they move to the desert with an Egyptian Versailles. If the IMF got them to stop Egypt could be overthrown in a coup which both the IMF and Egypt’s military government know.

[@moah2012]

You can't grow when you are borrowing for consumption on imports. But you can grow if the mega project actually succeeds. Growth comes from borrowing for sustainable investment not from consumption foreign products. The problem is egypt's investments are shit

[@ThinkForge]

Because it will benefit them in the long ran, people will become pooper, it will become more dependant on the IMF and western powers ,Egypt will have to sell national assets (like those mega project they are building)

[@RhombusOfTheJ]

@@ThinkForge ah. Good 'ol neo-imperialism

[@Suleiman_Roronoa]

Corruption is always the doom of any nation Egypt is the heart of the Arabic world and its unfortunate what their government doing. Its not only effect Egyptians but the whole region as well.

[@fesyuki]

Yeah but complicity is a thing yknow? America have been bribed by egypt for a long time to have the military in power and be hush hush about it in the news (official news) even trump and sisi are like besties (more of a slave and his owner) but yeah let his fight on terror show its truth

[@mrpirate4100]

Problem is this corruption is supported by wealthy gulf countries because they don't want egypt to be a good example for their population and threaten their monarchies.

[@shauncameron8390]

@@mrpirate4100 They don't Egypt to become another Iran.

[@omarhaytham84]

Yo bro we’re not Arabs

[@knowz2367]

Heart of the Arabic world located in Africa😏

[@justmoody5797]

As someone who lives there we haven't ran out of Gas we are just selling all of it that is a correction I needed to make.

[@mohamedayoub3268]

as an egyptian who just moved back to egypt last year, we are fucked here

[@frankensteintutorial8654]

why did you move back?

[@ITzROZALIE]

@@frankensteintutorial8654 his fawking country he have friends and family there is that even a question

[@Buck_Mann]

Your average video is more than 20% advertising for your own products and your sponsors. Less than 8 minutes of content and more than 2.5 minutes of advertising. This doesn’t take into consideration the ads that KZbin shows. Congratulations on having a content to advertising ratio on par with cable television.

[@prustk]

use sponsorblock extension

[@JUwiki]

While I will admit that I find it disappointing whenever there is a 8 minute video with a 2 minute ad section, at least it’s at the end of the video

[@SilentEire]

They gotta make money somehow tbf

[@ThePanEthiopian]

Hustle 😅

[@rx58000]

I never mind ads for Host Products

[@elibrahams5566]

The Egyptian army has never won a war and never lost an election. Edit: Lol this created a real shit storm

[@rihanatarek]

😂😂😂 The Egyptian army is ranked the seventh strongest army in the world. You love to bark

[@rihannatarek]

The Egyptian army did not win the war?? You're almost reading history out of your as**s

[@amirahmad2099]

Strangest my ass, you arabs are always looking at the picture superficially and love to boast your egos about how the military is strong when in Reality you almost eat shit to survive.​@@rihanatarek

[@rihannatarek]

​@@amirahmad2099Ignorance is your address, Egyptians are not Arabs 😂🔥🔥🤣🤣🤣🤣🤣🤣

[@rihannatarek]

​@@amirahmad2099The Ethiopian s##& lave loves to bark. Tell your prime minister, Egypt is now besieging you 😂😂😂😂😂

[@hamodalbatal464]

It’s basically a banana republic on steroids

[@rakasin]

Seems like the best description so far

[@matheussanthiago9685]

Banana Republic Minus the climate to grow bananas

[@JabbarTV1]

@@matheussanthiago9685 Hey! we grow bananas alright

[@fesyuki]

I get reminded of cuba when you say that

[@theflimo]

It’s absolutely not a republic

[@IbnBattutaEG]

Stop removing Halayeb and Shelateen from Egyptian borders at the south-east of Egypt, that's unprofessional.

[@Fxx555]

يعني انتا سبت كل محتوى الفيديو و ماسك في مؤخرة الخريطة

[@hopeman7717]

​@@Fxx555 و انت مال اهلك

[@xTHE-SCORPIONx]

​@hopeman😂7717

[@GigaChad-uu1ix]

ايه مشكلتك برده​@@Fxx555

[@IbnBattutaEG]

@@Fxx555 It was a dirty move done near 2004 if I recall to normalize the false map into people's minds, similar to what China does on their maps related to Taiwan and Israel to Palestine, so yes, this bothers me.

[@andysierra1618]

Egypt sounds like the african version of Argentina

[@luxraider5384]

nope. Argentina is a welfare state, egypt is egypt.

[@Wasnt-1]

egypt has an advantage the same as singapore which is a dominant location into the world's global shipping trade thru suez canal but sadly egypt have failed to turn that shipping fee revenue advantage into a success should've been invested wisely egypt would've been enjoying billions in investing dividends and interest

[@user-op8fg3ny3j]

While true, it's not accurate to make a direct comparison since the size and geography of the two countries are *very* different. One is a huge nation of mostly uninhabitable desert and the other is a nice tropical city sized nation

[@Wasnt-1]

@@user-op8fg3ny3j exactly egypt could've have unlimited resource of solar energy using the suez canal revenue they could've achieved that gradually but guess what that's not happening

[@Wasnt-1]

@@user-op8fg3ny3j singapore albeit greener is a small country which means they have to spend more to keep the projects in balance whilst retaining the natural habitat of the area egypt on the other hand has 1km² of land it could've supplied electricity to most of africa and make billions by doing so

[@user-op8fg3ny3j]

@@Wasnt-1 I'm in the engineering sector. The idea of covering the desert with solar panels isn't new and there's a reason why it's not widespread.

[@Wasnt-1]

@@user-op8fg3ny3j because of the cost building a mega solar farm would need billions in funding but a infinite money glitch such as suez canal would've helped them a lot to do that

[@dawnwilson1529]

This is like having a spoiled child who is never held accountable...

[@Spookie_Moonie]

we're so cooked that even ppl on internet started to talk abt it

[@katzicael]

my partner lives in Egypt, and it's baaaaaad.

[@theordinary44]

EGYPT IS BEAUTIFUL ✊🏼🇪🇬🇪🇬🇪🇬

[@ofroaddude5859]

@@theordinary44 What does your comment have to do with the video? Are you slow

[@ahmedhesham9577]

It is

[@d1bber.]

​@@theordinary44 ur mom is beautiful

[@andrewmueller23]

The problem is that Egypt is a military dictatorship. Those don't tend to be very good at managing civil affairs.

[@ahmedhesham9577]

100%

[@haidywaheed9579]

Military forces never very good to manage economic development and the civilians people.

[@luciddoggo5094]

@@haidywaheed9579 military dicatorships are the greatest way to achiee economic sucess. Look at china, east asia. Democracy is the failed way unless you are in a rich country with educated view of free market capitlaism, if your a poor country democratic people will just infinitely vote for more welfare and bankrupt your state

[@haidywaheed9579]

We are egyptians live in a horrible poverty and areal un employment all youth suffering from unemployment and disappointed problem.

[@hopeman7717]

سجلت مصر واحدة من أدنى مستويات البطالة في تاريخها

[@omarkassem4799]

Im an egyptian , this video explains the crisis pretty well , elsisi screwed us up badly by projects we havent benefited from and will not probably, since its made mostly for the wealthy , i hope this sh.t comes to an end

[@whatever32982]

As an Egyptian, I can't stand staying here with the living costs being at all time high especially as a lower-middle class citizen

[@yousef04-5]

Even having internet is difficult

[@nisrmasry2134]

(My deleted reply again) Simple Answer : there were two reasons for spending billions of dollars for building New 4th generations cities in Egypt despite the economic crisis 👇 1) Strategic and Security reasons : it's about the security of the elites in the far new cities away or far from the public mass. Easier to control from far. 2) Financial reasons : about the commission and the financial corruption. Also, the idea of selling a big sectors of the new cities in the future to the Rich Arab investors of the Golf such as what's happening in the Northern coast in Egypt right now on the Mediterranean sea.

[@mohamedz87]

Finally. Someone who understands.

[@JabbarTV1]

Exactly.

[@fesyuki]

Absolutely right

[@myname2938]

First theory is funny and started by Maged mandor in vox, wsj.. The new capital is very close to the all old capital and next to new cairo.. They didn't built in the north coast or on the read sea surround buy the red sea mountains.. They even linked it to the old cairo with trains and massive roads. This is not the 19th century we you can built a capital away from the economy and the people to protect the elite (if Egypt even have elites) . And the plan for it was to be in new cairo during Mubarak era but he cut the project due to financial problems. If a revolution happened their is no wall will stop it.. They didn't build an Israeli style wall The military wanted a piece of the construction gorwth, that made lots of people rich in new cairo and 6th October and all the new luxury cities.. Talat Moustafa built multiple successful cities that brought billions of money So they wanted to stimulate the economy.. Bring investment from the UAE and made a profit... And also fix Cairo overpopulation problems. And build a new financial capital to help the economy rather how cairo became a shithole.

[@mohamedz87]

@@myname2938 1. The new capital is an hour driving without traffic from Ramses Station. And that's ignoring the fact that, if a large protest would be planned at the new capital, there would also likely be new roadblocks to prevent it. That also makes it even harder for less fortunate people to go unless they all find a bus or something that would take them there. During the 2011 revolution, the regime the station right below Tahrir Square was closed to make reaching the square harder. It would be even easier to do the same for train stations and metro stations at the new capital. 2. You don't need a wall if it's way too far to walk to it. And that's, again, not to take into account establishing checkpoints and roadblocks if large protests are planned or approaching. 3. Egypt very much has elites. If you don't see that it does, you're like among them and in denial. 4. How's the stimulation of the economy going so far? With annual inflation exceeding 25%? 5. Having a 'financial capital' or a financial district will not help an economy if the same destructive policies exist. Will the new 'financial capital' solve the issue of military-owned or propped companies that the private sector can't compete with?

[@Sterren-ws6jc]

I really hope Egypt fixes its issues. If things get worse, I really don't want to see hundreds of thousands of Egyptians migrating into Europe.

[@user-op8fg3ny3j]

If Libya wasn't destroyed, they could go there instead

[@IK_MK]

But it is destroyed so...​@@user-op8fg3ny3j

[@da7war655]

How about taking the 17 millions refugees we accepted in Egypt so u doing have to? Lol we take refugees not exporting them

[@user-op8fg3ny3j]

@@IK_MK that's the point. The migrant crisis of the 2010s was literally self inflicted since we were the ones that destabilised the region.

[@RK-cj4oc]

​@@user-op8fg3ny3jLibya had 7 million people. Even if not in a civil war they would never have been able to get anywhere near a million refugees.

[@eskania]

If a country does not have a strong manufacturing sector and relies heavily on imported goods, it can lead to a weakening of its currency. Bureaucratic hurdles and corruption can also discourage investment. Additionally, excessive spending on projects that may not directly benefit the country's citizens can raise concerns about the allocation of resources.

[@wizzzer1337]

Cairo feels like it's on the precipice of starting second "Arab Spring" any given moment.

[@fesyuki]

They won't... As much as I want that there are two big things that will not make that happen "The promised land's" war on children And the people's complicity And the second one is irreparable honestly you need education which egypt lacks

[@user-sh3cf7kd6e]

And every sensible human in the world would prefer A-Sisi over Morsi.

[@fesyuki]

@@user-sh3cf7kd6e preferring anal over vaginal is still the same issue you get f in the end

[@MahmoudKamel-v7t7od]

@@user-sh3cf7kd6e That's just u americans lol he makes u shit ur pants

[@supernova5293]

@@user-sh3cf7kd6eand why exactly is that?

[@IamJonny-o4v]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@winifred-k9e]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@richardhudson1243]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

[@JacobsErick-u8r]

Could you possibly recommend a CFA you've consulted with?

[@richardhudson1243]

My CFA ’Melissa Terri Swayne , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@LUCIASMITH-d1z]

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

[@user-pf1od6ot2h]

In fact, the crisis officially ended in Egypt, and inflation began to decline, and the percentage of foreign exchange reserves increased, as well as investment. However, on the ground, the repercussions of the crisis are still not completely over, and the cessation of navigation through the Suez Canal is still a strong blow to the Egyptian economy, as well as debt interest rates. The crisis has officially ended, and across Egypt, the state of danger has been lifted. The agency credits Egypt's credit rating, but on the ground the government needs to make a greater effort to reduce inflation, restore the situation as it was, and then try to improve it.Egypt is undertaking truly great projects in infrastructure, development of Egypt and the army, but it needs to prioritize the country

[@ranro7371]

The agency credit rating is the most hilarious thing ever. It's used as a bargaining tool to destroy the economy.

[@-DrMohamedAtef-]

lmao

[@infernus2438]

Thank you! That video is complete bullshit.

[@living-in-a-wasteland]

how much did they pay you to blatantly spew lies like that tf

[@LeafSouls]

How much did they pay bro

[@Based_n_Boredpilled]

Why Egypt is still Egypt.

[@mustafaalghareb2278]

This country is very poor

[@rihanatarek]

@@mustafaalghareb2278 Your guide??

[@mustafaalghareb2278]

@@rihanatarek رئيسنا بلسانه هو الي قال انتم متعرفوش أنناا فقرا اوي ولا اي لا احنا فقرا اوي...مصر فقيرة في الموارد عادي

[@rihanatarek]

@@mustafaalghareb2278 It seems that there is an Egyptian road you

[@rihannatarek]

​@@mustafaalghareb2278 امسححح يا بن المره الززز$ $انيه الاقتصاد المصري اقوى 15 اقتصاد عالمي و الاقوى افريقيا و الثاني عربيا متضحكش العببببد الاثيوبي عليك يا بن ميتين الزوا$ $ ني

[@Helen_white1]

There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.

[@Agatha.wayne0]

I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.

[@Kin-28-8]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

[@DhanaPayar]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@Kin-28-8]

Jessica Lee Horst has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@Theodorebarba]

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@YanSeo-e8s]

im an Egyptian 15 year old middle school student and I've been trying to start an online business but unfortunately I just recently found out that the government stopped credit cards from working online to buy or sell stuff while I was researching more about businesses and my country's financial state. honestly, what the actual fuck. my family struggle to eat at all. I atleast hoped to be able to gain dollars online by using my talent in art (I do realism and I have a lot of experience in it, I can also teach art.) I've been working for so long so that I can help my family, I have been crying for a few days straight because of this discovery.

[@Dorgpoop]

Egypt is also one of the most vulnerable countries in the world to climate change. Excluding the areas of desert Egypt is one the mostly densely populated countries in the world with a fast growing population, and almost everyone lives very close to sea level, so sea level rises are a major risk. They're also verh dependent on food imports, so food price shocks from the Ukraine war and covid have been particularly hard on Egypt.

[@fesyuki]

The growth isn't the problem we have plenty of land that we could make inhabitable and fix the growth rate the problem is education 70% of the people are not educated and that leads to dictatorship victories and the thing is the argument for the military's existence is Israel... Goes to show how the only democracy in the middle east behaves

[@123shotas]

Nobody cares about your climate change, it's bad leadership, corruption and etc, not everything is climate change lol

[@treehugg3r86]

Good points. What is the bull case for egypt? Ive never heard an optimistic argument for its development. I guess it has a pretty young population?

[@lillyie]

tbf its hard to grow food when 99% of your country is desert

[@drdr8859]

@@lillyie What are you talking about? The Nile Delta is one of the most prosperous and fertile agricultural reigon in the world!

[@AhmadAboulFarag]

Egypt has the capacity to become one is the richest countries in the world having oil and gas, rich in minerals including uranium, rich in gold, silica, two sea coasts, a unique advantagous location, good weather, educated work force, a third of the world's historical heritage, a river Nile and lots of agricultural land.... Most importantly lots and lots of corruption.

[@4mb127]

Paradoxically TLDR news tells news in a longer format than normally.

[@Treq4Trak]

And now they make content out of our suffering...

[@abdelrhmansaeed4104]

we do ?

[@abdelrhmansaeed4104]

oh sorry mate i am an egyptian too, i got u wrong

[@abdelrhmansaeed4104]

that's shameful actually, "etfada7na"

[@azizkash286]

الله يحمي مصر

[@BlurryFace-zz2ro]

Good video. Hey bro, where do you get the microphone?

[@IK_MK]

Like this some delusional people think Egypt can still afford a war with Ethiopia😂 *None* of those countries can afford a war

[@JamilaJibril-e8h]

😂😂😂 they sell weapons to Somalia who's more poor than Egypt just stupid utterly stupid

[@nisrmasry2134]

No one is going to war with anyone. Period

[@ambessaseway5594]

Now War is going to happen Ethiopia is ⛰️ country can't be invaded

[@masao2922]

@@ambessaseway5594 yes can't be invaded true, can be bombed by unidentified rafales? kind of like turkey in cine cirte? yes

[@kp5602]

The egyptian military is independent of its economy, its the one institution that remains despite all the crisis. Its also the second strongest military right now in the middle east

[@CensoredMercy]

"Hey lets spend all the money we have ASAP and they'll bail us out again"

[@-DrMohamedAtef-]

let's spend all our money as long as we can borrow +120$ billion dollars making the foreign debt 4x in just 10 years of military presidency.

[@thepax2621]

Trying to emulate Abu Dhabi and Riad in scale of projects and spending, hasn't worked out, huh? 😅

[@fesyuki]

He built his own mansion too and sold some of the land to emarati & saudi companies

[@yuo2ef502]

​@@fesyukiThis is a mistake. It did not sell any lands, but rather it is an investment in Egypt. Also, Egypt is paying with the Emirates for the Ras Al-Hikma project.

[@fesyuki]

@@yuo2ef502 yes on paper they didn't sell land with a lease or something but instead of supporting domestics projects and funding them they let the gulf countries take everything for cheap no electricity outages no labor protection nothing to pay of debt (their debt as a government)

[@Jxs.911]

​@@yuo2ef502what about teran&sanafer?

[@yuo2ef502]

@@Jxs.911 Tiran and Sanafir are originally Saudi, but Saudi Arabia gave it to Egypt for a long time and did not require it from them, but now it wants to take it.

[@ChromifyX]

I'm an egyptian and I have experienced worse, The electricity blackouts and the excessive heat from the sun and the pollution, Including a high crime rise. I would really like to say that *I hate my country..* Period.

[@ChromifyX]

@bassma7657 The country isn't that bad itself, it's just how the government spents it's money.

[@whatsinaname7289]

Egyptian here. The real problem has nothing to do with economics and everything to do with politics. Since the 2013 military coup, Egypt has been ruled by a dirty, corrupt dictator who knows nothing about how to run a single farm, let alone a country the size of Egypt. Solution? Democracy. REAL democracy. Giving a voice to the people and letting them have a say in how their country is run would solve 99.99% of these problems.

[@EricDemalherbe]

Democracy doesn't work ,many civilisations throughout History were very dominant, creative and productive without being democratic, the Chinese and the Russians live under dictatorships and yet they are productive, creative and dominant people, the problem is you

[@filozof90]

Last time the Egypt has tried democracy, islamic radicals won the election.

[@LeafSouls]

لا، احنا حمير، متفتكرش انا احنا هنعرف نحافظ علي الديموقراطية اصلا

[@whatsinaname7289]

@@LeafSouls طول ما إنت بتبرأ الظالم و تتهم المظلومين، هيفضل الحال كما هو عليه

[@LeafSouls]

@@whatsinaname7289 لا انا مشاركتش في حاجه شبه كده بس انا فاهم المقصود

[@-DrMohamedAtef-]

Also Elsisi stated in angry and challenging tone that he is building more and more residential PALACES as they are not for him it is for Egypt lmao.

[@nohafawzy8338]

I live in Egypt and our president just cares about getting into history he's just building bridges and useless stuff and leaving us with a trash economy 😔 an average pay is like 10k pounds and that's like super rare but let's say is average that's like 200 dollars a month ☠️I know some people that get 3k pounds every month. Or less

[@hopeman7717]

هو المفروض يبني ايه

[@hfbk858]

The problem with devaluing your currency when you’re a middle income country that doesn’t produce and export much is that it does nothing but bring about recessions and drag people below the poverty line.

[@ThePanEthiopian]

I feel bad for you Egyptians 😞

[@fesyuki]

Don't really most chose that on themselves feel bad for 🍉

[@thbnkk]

💔💔💔

[@DjTahoun]

Long live Egypt 🇪🇬

[@elnovato1741]

Lot of similarities between Egypt & Pakistan. Both are under Army control.

[@shauncameron8390]

Ditto for Myanmar.

[@cel2460]

Just here to say that I love the "boys get sad too" hoodies, also love the "soft, kind, gentle dude" vibe from the presenter (idk his name but when I imagine a boyfriend, this guy probably looks like it)

[@techtimei6091]

Our economy is very rich in many resources and sectors that do not exist in the whole world. We have oil, gas, natural resources, phosphate, marble, silica sand used extensively in technology, sand used in the manufacture of crystal, nuclear sand and other goods, many gold mines, and antiquities that do not exist in the whole world, which are considered a third of the world's antiquities in one city called Luxor. The Nile River is threatened by Ethiopia, which the Sisi regime has almost abandoned. The Red Sea and the Mediterranean Sea. But the problem is with the ruling group of the military since 1952, so only 1% of the wealth in the country is controlled, while ninety-nine percent of the people are below the poverty line or close to it. The problem is corruption. Those who support this corruption in the first place are America and European countries that support the military regime and every general who rules the country. This will expose the country to a massive popular revolution or civil war in the future, which may expose Europe itself to danger due to the massive immigration to it, which it will not be able to prevent, so it must quickly lift support for this regime. It will expose America's own interests to danger because a country like Egypt cannot be left to a civil war that may be imminent.

[@luxraider5384]

"Our economy is very rich in many resources and sectors that do not exist in the whole world" that doesn't seem enough given the massive population.

[@niptuun]

I'm Egyptian Our economy is not collapsing, we are on the rise and we are about to reach the highest economy in the Middle East Do not hold the army responsible, long live the Egyptian army, the best soldiers on earth If it weren't for our army, your "state" would have done what it did to Syria, Iraq and the rest of the other Arab countries. In fact, we do not suffer from problems. We are experiencing pressure from your country, which is trying to bring us down and drown us in debt, which is trying to violate the peace agreement to enter the Egyptian coast with aircraft carriers. You know? You can't bring us down, we are the strongest in the Middle East, we are a rock, we don't fall, We have the first military force in the region, and without it you would not have waited a day to enter Egypt. You want a shortcut? America and Britain, but they were always the reason behind all this, Britain occupied Egypt for 74 years

[@ahmedfaidd]

yeah sure whatever makes you sleep at night

[@niptuun]

@@ahmedfaidd انا مستعد امسح بكرامة اي حد الأرض لو جه بكلمة جنب مصر. الا مصر تمام؟

[@JoãoPinho-h8p]

​@@niptuunhow many $ do make per year?

[@drorbenami4827]

Just wait till the supplies of wheat dry up.....

[@fesyuki]

HEHEHEH YOU THINK IT'S GONNA HAPPEN IT ALREADY IS BEGINNING

[@juliuszkocinski7478]

Egypt was (I believe) second largest importer of grain from Ukraine. Which makes it surprising Egypt itfels didn't participate in any form of grain deal or corridor

[@fesyuki]

@@juliuszkocinski7478 Sisi's egypt licks putins boots

[@amandaroba6990]

Egypt need to swallow the bitter pill: floating exchange which would blow up foreign debt in local currency terms but wouldl encourage local production and discourage imports. Floating exchange rate is the key to economic rabalancing

[@deflex2170]

the economic state rn is unbearable , people like me who used to be "rich" are now suffering with basic life needs like food and bills , over that we lost alot of our savings in national currency since it went down in last 4 years from 15 to 45 per 1 us dollar , so any float in this current economy would lead to second arab spring as it will become die or die situation

[@amandaroba6990]

@@deflex2170 well you need a crisis to shift to floating exchange. This is what happened in argentina, thailand, etc

[@amandaroba6990]

@@deflex2170 your country cannot accumulate reserves with an overvalued currency. Hongkong has a fixed exchange rate but was able to accumulate reserves because it was fixed in the 80s at a very undervalued rate at that time.

[@deflex2170]

@@amandaroba6990 we dont really have pure local production and even what we have depends on inported materials so it wont be that benficial above that the army is controlling our economy in other terms there is no competition , so at this point our solution is political ,, the army must get out of the production cycle and go back to defending our country , after that we can take the bitter bill you are suggesting

[@deflex2170]

@@amandaroba6990 but floating without real production will do nothing but speed up the explosion of people and that could lead to alot of migrations to europe and us

[@MishimaKazuya-tm2gh]

Egypt needs a new city old Cairo has gone to hell.

[@rawdaahmed6594]

im loviiing this channel!!

[@CARL_093]

its a never ending cycle

[@Junimann12]

As a middle class egyptian, I can say that we don't breath oxygen, we breath the visibly black carbon air coming out of cars stuck in traffic Jams because of poor traffic control. A few years ago 1USD was 16 pounds. Now its almost 50. The average salary is 5-7 thousand pounds per month. That's nowhere near enough to live comfortably, as one trip to the grocery market will set you back 1 thousand pounds for 5 days worth of food maximum

[@ebrahimalkadim7551]

A country that depends on dollar imports and most products prices are based on the dollar price against the Egyptian pound. The average wage is 130 US dollars per month, HELP ME HELP ME

[@Divoonatam]

Good video

[@AlineInGreen]

7:37 "arrest the decline" Sisi's goverment: with pleasure, we didn't know that was an option 🚔🚔🚔

[@richardyong535]

Ah yes, classic economic mismanagements

[@youssefwael9030]

as an egyptian this all of this is 100% true (yeah it sucks here ) our MINSTER IN EDUCATOIN FAKED HIS DEGRE LIKE HOW :/

[@DiscoCol]

Odd that you didn’t mention the billions in Suez Canal transit fees that Egypt is losing due to container ships diverting via the Horn of Africa due to the Houthi attacks in the Red Sea and consequent on war risk insurance for shipping. In context, that is a pretty conspicuous omission from this video…

[@iain891]

That's very recent and doesn't explain the other 11 bailouts

[@jamalramadan5290]

@@DiscoCol we need to take back the horn of Africa.

[@Jxs.911]

He tried to avoid a war but the war backfired on him from a far

[@b9.s4ko]

i bought a property in egypt

[@WildStick404]

Man why everyone is analyzing us…. Are we dying ?😭😭😭😭😭😭

[@ahmedkhtr]

More than 10 years and muslim brotherhood’s propaganda saying that.The whole world going through economical crises, unlike Egypt, who is going through huge development. In UK people lost their jobs, homes, US under the same situation, Germany, Canada, Sweden all stopped social aids. Prosperity in Egypt left everyone in awe.

[@asaforg]

30 years ago Egypt had half the population, that is one the major reasons why it is in such a sad state. It adds about 2 millions mouths to feed every year. Add that to global warming and lack of education or infrastructure, the future is very grim indeed...

[@luxraider5384]

egyptians will keep having children while blaming the government.

[@mfmcintyre]

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future

[@quantarrow]

I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days

[@IshrakHossain-rt8is]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@ufuksenol2005]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@PineHosting]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@mbnesbitt]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@fatgrubman645]

Crazy they can't even accidentally grow their economy off this leverage, really no excuse for this level of government ineptitude given Egypt's importance to world trade.

[@fesyuki]

I mean no excuse except... The british didn't like gamal abdelnasser so they bribed his government and set the ones around him to be more favourable towards them at the expense of egyptian people not to mention that they know what would happen if a military dictatorship took over the government they would basically be the west's puppets the egyptian government even bribed congress politicians multiple times so Yeah seriously no excuse but corruption does its thing yknow

[@marwanshamsia]

In short we're fucked it's been the same for 80 years

[@mrjericho2020]

Simple reason for this crisis , Smart A$$ government and triple smart A$$ president

[@kp5602]

People in the comments who say “just renovate the existing capital” need to understand that developing an existing city is three times as expensive as expanding the city or building a completely new one, you’d have to demolishing existing buildings (which in egypt can house 5 families per floor) which are on average 5 stories tall, then find a place to house the people whos homes you’ve just demolished. The same can be said about “just improve the existing infrastructure” as a lot of the rail infrastructure is dated to the 1930’s and 1950’s

[@mazenadel7905]

This. Let me tell you as an Egyptian that Cairo is a cluster fuck of a city, it's a huge mess that no amount of money can fix

[@thecryingsoul]

I think people are more so questioning the how much the new administrative capital will actually contribute to economic growth

[@kp5602]

@@thecryingsoul Its less about economic growth and more about reducing population density in Cairo, the construction alone has contributed to hundreds of thousands of job.

[@Zombiemancz]

@@mazenadel7905 I think they need to learn how you get rid of the trash. Only place i have ever seen, where people just throw trash out of the back window and are done with it.

[@JabbarTV1]

If you believe skyscrapers in the desert will solve any housing problem, you are deluded beyond belief.

[@BlurryFace-zz2ro]

I can never understand how leaders can be so cruel and selfish. Why do humans have to be so ugly to each other like this?

[@magnvss]

The 'new city' was a clear sign that corruption wise absolutely nothing was about to change, even if the core reason was to make the military junta and their supporters untouchable or better said: because of that, it was granted that they didn't plan to combat corruption but make 'international backers' further price for a country they leave to rot. The fact that they don't have clean democracy options (and that if they had it, extremist would hold power , also for ever) is another doomed scenario: there is not testing the waters of options to find solutions to a country who knows nothing but corruption. In part that's why they need to distract themselves with the 'Palestinian cause' lest people think too much about their own struggles. Too big to fail sometimes also fails because is too big to uphold.

[@mohamedouf5021]

Lol how funny is it to understand the crisis in a youtube video but never really from the whole egyptian media

[@johnmartin17t]

Due to its repressive government, which is supported by its people and Western governments.

[@nntflow7058]

You forgot to mention that Russia and China also pour money to the Current government. Let's stop blaming the west and blame EVERYBODY who are involved.

[@AB-zl4nh]

Is Russia, China, Saudi Arabia, and Iran backing democratic reforms in Egypt?

[@anthonymanderson7671]

​@@nntflow7058funny the people who love to blame on the west are the ones who end up going there.

[@Ahmed-pu2ts]

Egyptians definetly do not support this government, it is widely hated in Egypt and across the Middle East in general. It is however supported by Western governments, Israel, KSA and the UAE (governments). As long as this military regime remains Egypt will never succeed

[@mrgamer5524]

I am an Egyptian living in Egypt, and I do not support this government. Do not speak on behalf of my people because most don’t like the government.

[@yahayamuhammad4119]

"Egypt has never been a paragon of economic virtue". Pharaoh's left the chat.

[@T-et7uv]

الجيش المصري اكل البلد كلها ولم يشبع بعد

[@Zanka_Zanka]

They have been saying that the Egyptian economy will collapse for the last 13 years 😂 I just made $100k in half an hour after buying an off plan property That’s how much demand there is Now when it comes to the new cities NO Zero spending It is all private sector

[@bisoahmad9067]

Under military rule this is what u got 😪

[@3Okshah]

As an Egyptian, I see the mess in Egypt a direct result of the army generals’ rein since 1952: a dangerous mix of oppression and ignorance. Unfortunately, they won’t let go until the country drowns in complete chaos.

[@balwantkathait5353]

Tell me which country is not in crisis at this point. Please.

[@balajeepratham8200]

Vietnam

[@philoslother4602]

Typhoon Yagi ;)​@@balajeepratham8200

[@FictionHubZA]

​@@balajeepratham8200Don't they have a hosting crisis right now?

[@rioluna6058]

Some places in south east asía and some places in latinamerica.

[@FictionHubZA]

@@rioluna6058 El Salvador is doing pretty good.

[@IckyGuy_08]

Egypt's problems go way back from 1950's or something. And the root of their problems is mostly from their culture. I mean even tourists having a hard time there during their visits has become a common thing. And funny thing is most of them look down on other nationalities as if they are still living in the pharoah era. 😅

[@deflex2170]

it goes back to start of millitary rulers from 1952 till now , and tbh yes some of our people look to tourist as if they are below them but this is pysicological thing as their current situation is so bad that they are thirty to any good thing so they just look back at past and decide to be proud of their past

[@FeliciaEmily-m2y]

For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2023 with $20k and I'm up with $132k in a short period of time

[@MachHenry]

As a beginner what do i need to do? How can i invest, on which platform? If you know any please share.

[@Jlo-n7y]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle sule

[@Carinzapien34]

Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..

[@DevinWiebe]

Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader. thanks sule michelle for the eye opening.

[@Jlo-n7y]

@@MachHenry she often interacts on telegram,using the username..?