104 sats \ 0 replies \ @SatsMate 4 Jul \ on: Egypt Teeters On Brink Of Economic Ruin econ
Egypt needs to walk away from the Egyptian Pound. I remember there was one day in the last 2 years where the Egyptian Pound lost 20% of its value OVERNIGHT! It has been staircasing down every couple months ever since. Insane corruption. Please look at this graph and let me know how an economy can thrive under this nonstop devaluation!
https://m.stacker.news/38145