garyj on Nostr: Read "Confessions of an Economic Hitman". Egypt displays the classic symptoms. ...

Read "Confessions of an Economic Hitman". Egypt displays the classic symptoms. Install a puppet president, flood the country with loans(debt) to build useless infrastructure built by your own crooked corporations, the country eventually defaults on the debt repayments, the utitlies and resources are seized by the lenders as collateral, the crooked president flees the country to some mansion in Florida and a huge Swiss bank acct, he country collapses, the people are impoverished. Rinse and repeat. Isnt mercantilism wonderful.? The west was built on this type of plunder, it's now bust and collapsing. The east is rising.