Re: Crisis in Egypt!
I would not get too excited over this.
This looks more and more like a coup rather than a revolution. Mubarak is what 82? so his removal is hardly that earth shattering. I would guess that another General has done a deal with Washington and the rest is just theatre.
Underlying problems will not be solved however as root is still global inflation caused by US QE. Until this printed money is actually directed by the Banks towards Main St USA and not carted straight off to the Currency and Futures markets, expect to see a lot more instability around the world hitting the poorer countries. Coming back to the Asia Pacific region, I would especially watch the Philippines.
I would not get too excited over this.
This looks more and more like a coup rather than a revolution. Mubarak is what 82? so his removal is hardly that earth shattering. I would guess that another General has done a deal with Washington and the rest is just theatre.
Underlying problems will not be solved however as root is still global inflation caused by US QE. Until this printed money is actually directed by the Banks towards Main St USA and not carted straight off to the Currency and Futures markets, expect to see a lot more instability around the world hitting the poorer countries. Coming back to the Asia Pacific region, I would especially watch the Philippines.