IMF Urges Egypt to Sell Assets, Not Fund Its Own People
Lost in the mainstream narrative is the historical pattern: the IMF's 'help' frequently transforms public assets into private profits, often for foreign investors. This cycle of 'structural adjustment' isn't new; it has destabilized economies from Latin America to Africa for decades, often leading to increased inequality and suppressed wages, not genuine recovery. Remember when Greece was 'bailed
out' but its national assets were liquidated? The current 'crisis' in Egypt, exacerbated by regional instability, is now being 'solved' by demanding the sale of state-owned enterprises. One might wonder if these 'solutions' are designed to genuinely benefit the Egyptian people, or just open new markets for those with capital to acquire cheap assets. How many times must countries be advised to sell
their furniture to pay the rent before we question the landlord's intentions?