Egypt’s Economy Is In Big Trouble
Three years ago this summer, Egyptians took to the streets en masse to vent their frustration at the government of then president Mohamed Morsi. The source of their discontent was the widespread economic stagnation and ideologically driven policies that came to punctuate Morsi's Muslim Brotherhood-dominated government. The result was nothing short of a counterrevolution, as Morsi was ousted by the country's powerful military in an almost-coup led by his then minister of defense, Gen. Abdel Fattah el-Sisi.