3 years later. We are pretty much where we were on the economic front. Outlook remains shady yet the recommendations remain constant. I still wish there were more consistent efforts by the economic community to spread awareness and to educate.
Kindly check your political views at the door.
Many of you have been calling and e-mailing asking for my “economic” view on what’s happening, forecasted impact on the economy and what can be done.
I would much prefer to focus on the last point because worrying and fretting about impact is a useless exercise while exploring what we can do might actually have some good.
1) Regarding the campaign to invest 100 LE in the Egyptian Stock Market. In my humble opinion this is a minimum impact exercise, the only ones who stand to really gain are those seeking to currently exit the market and the brokerage companies. The money you invest goes into the pockets of previous owners of that stock, the company itself (whose stock you are buying) does not benefit. This money will not result in production or job generation, let alone any impact on the real…
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