Debt Like an Egyptian.

Egyptian Flag

Egyptian Flag

Hosni Mubarak finally stepped down as president of Egypt but it seems he’ll be living pretty comfortably having amassed a family fortune reckoned to be around $70 Billion.

At the same time, Egypt has debts of around $30 Billion.

You can bet your life most of Mubarak’s money will be sitting in US, UK and European banks but I haven’t heard anything about his assets being frozen and given back to the people of Egypt.

Or maybe these Government’s just see not doing anything as their way of saying thanks.

Excellent article HERE by Naomi Klein.


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