[lbo-talk] Notes on Egypt, thoughts on the US

Chuck Grimes c123grimes at att.net
Mon Jan 2 16:31:28 PST 2012


``Example: Libya has $150 billion in the bank, and will need to invest the half trillion or so of petro-earnings it will accumulate over the next decade. It could form a "TLE" economic zone of 102 million people with its neighbors, and become the economic engine of an Arab Renaissance.'' -- DRR

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Actually thanks. That is a hopeful thought. There are a lot of battles ahead though. I was just reading up on Egypt's economy. There is a convergence of hard conflict that intersects with oil, gas and coal industries which I assume are under much more direct military control since most gas and coal deposits are in the Sinai. This also includes no doubt control of the Suez canal.

So the working class in the energy sector is going to directly struggle to put the whole sector under civilian government control.

It would help understand what's going, if somebody found out exactly where the Egyptian military are linked to what industries.

CG



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