So what happened in Egypt? After the last Israeli war, and after the treaty with Israel, the army became redundant militarily and turned to business. Mubarak, as army officer and later president, also got into business. No bank or multinational corporation could do business in Egypt without an Egyptian partner or stakeholder, so that the …
Monthly Archives: February 2011
David Cameron’s Munich Speech
The context of David Cameron’s speech is very illuminating: an on-going and worsening recession caused by greedy bankers whose system is based on rapacious usury. This is causing banks, companies and countries to default and bankrupt. In turn the resultant pressure has millions marching on the streets in protest in Athens, Dublin, Paris, Tunis and …