Stephen A. Cook has always been the big gun that Jewish Central called on to kill or at least wound the Arab achievements that make Israel look like what it really is: the pauper jurisdiction that’s living on Christian charity and the Fox News begging propaganda machine.
And so,
once again Jewish Central recruited Stephen Cook to try and shoot down what
Egypt has been achieving in the realm of economics, doing so without fanfare
and leaving it to those who know the workings of that discipline to take the intelligent
step and participate in the realization of an ongoing Egyptian plan that
promises to deliver substantial success to those who will participate.
The Cook
article came under the title: “How Sisi Ruined Egypt,” and the subtitle: “The coup leader-turned-president promised Egyptians prosperity, but the
country is flat broke.” The article was published on August 9, 2023 in Foreign
Policy.
The trouble
with Cook and Central operating together, is that they often end up shooting
themselves in the foot as they try to score the maximum number of debating
points, but exposing themselves instead to doing nothing more than dance around
a level of silliness which bores their readers, makes them see the quackery
that’s embedded in the Stepehen Cook/Jewish Central argument, and reject it
outright.
What
happened lately is that Jewish Central handed Stephen Cook a list of economic
subjects and political stances pertaining to the Egyptian situation, and asked
him to shoot them down in such a way as to injure Egypt, thus make Israel look
better than it really is by comparison.
What
follows is basically what Jewish Central told Stephen Cook to preoccupy himself
with when mentioning Egypt or its President Abdel Fattah al-Sisi:
“The diminutive military leader who was supposed to have rescued Egypt
is now overseeing its ruin. Sisi promised Egyptians prosperity, but Egypt is
flat broke. The statistics are staggering. Inflation is running at almost 37
percent and a single US dollar fetches 30 Egyptian pounds. The country’s
international debt is almost $163 billion, and its overall debt is projected to
reach nearly 93 percent of the country’s GDP in 2023. Government officials
have been forced to manage Egypt’s finances like a shell game, moving money
around in a vain attempt to hide the country’s precarious economic conditions”.
No, Egypt is not broke. Here is what Jewish Central knows that Stephen
Cook does not: Egypt has an internal economy that grows faster than most in the
world. When the COVID pandemic hit, followed by the supply-chain difficulties,
followed by the war in Europe, the whole world suffered, including the USA. However,
the latter being the Central Banker of the World, had the means to help itself,
which it did by raising the interest rates, a move that siphoned off dollars
from the world back to America. This hurt every jurisdiction which used the US
dollar to trade with others — and that included Egypt.
Before
those negative effects had taken place, the Sisi Government had drawn an
ambitious economic plan for the country. It was so ingenious, the best
economists in the world predicted it will raise the GDP to 8 trillion dollars,
and turn Egypt into the 6th largest economy in the world. This may or may not
happen exactly as predicted, but the way that the Sisi Government is
maneuvering around the current difficulties, shows that the genius is still there, and the
country is in good hands. To put out shameless and flagrant lies about these
realities, here is what Contral told Cook to say to his readers instead:
“Egypt has gone on a spending spree on mega-projects. The mightiest is
the New Administrative Capital, which so far has cost over $45 billion. When
the United Arab Emirates and China pulled out of the project, Egyptians foot
the bill by adding debt to the country’s balance sheet. In addition, Sisi is
overseeing a bevy of other large projects. Notable among them is a new summer
capital on the north coast, a nuclear power plant (in a country with excess
electricity), a sustainable city in the Nile delta, and the
revival of a failed Mubarak-era mega-project in upper Egypt called Toshka.
This comes after the opening of a Suez Canal bypass in 2015”.
How bad is
that? You’ll know how bad or how good it is by comparing it to what’s happening
elsewhere in the world. So, here are the facts that should concern you:
With a
population that is 3 times that of Egypt, America has an external debt that is
123 times larger: ( 20 trillion to 163 billion”. With a population less than a
tenth that of Egypt, Israel — which relies on Christian charity to feed itself
— has an external debt surpassing the 100 billion dollars. Turkey has an
external debt of half a trillion dollars, so does Greece. And the list goes on.
And whereas
Stephen Cook laments about the American dollar fetching 30 Egyptian pounds,
look what’s happening to other currencies where that same dollar fetches: Nearly
300 Argentine Pesos, 900 Chilean Pesos, 60 Philippine Pesos, 100 Russian Rubles,
1300 South Korean Wons, and the list goes on.
These being
verifiable facts that show the desperate state to which Jewish Central has sunk
when it comes to the quest of dominating the Middle East and conquering the
world, why are the Jews aggravating the situation at this time by using their
own ropes to hang themselves, and doing so in full view of the human race?
You’ll get
an answer to that question when you see what Stephen Cook did with the Jewish
trick of invoking trivial occurrences and using twisted logic to make big deals
about them. Here is some of that:
“Egypt’s travails reinforce the idea
that the country is a spent force. Being in the room confers a certain amount
of influence, but Egypt is more an observer at these gatherings than a player.
The most glaring example of Egypt’s descent and concomitant hollow foreign
policy is Cairo’s almost total absence in the civil war in Sudan. After that
humiliating episode, the Egyptians have stood on the sidelines and watched the
Saudis evacuate third-country nationals from Sudan. Some in Cairo must be
embarrassed that Saudi Arabia has ended up playing the role in a conflict where
Egypt should be leading”.