Professional Soldiers ® - View Single Post - Egyptian Military Council Warns New Islamist President

**Pete** · 07-09-2012, 17:10

The Obama Administration is setting up a bloodbath in Egypt

http://pjmedia.com/spengler/2012/07/...bath-in-egypt/

A little on "The Sky is Falling" side of things but I can believe it.

"Egypt has enough foreign exchange on hand to cover six weeks’ of its imports (US$7.8 billion in liquid reserves, against a $5.5 billion monthly import bill). It would have run out of cash in June except for emergency loans from Saudi Arabia, which backs the Egyptian military but abhors the Muslim Brotherhood, whose candidate Mohammed Morsi won Egypt’s presidential election last month. Total reserves are listed at $15 billion, but this includes gold, International Monetary Fund (IMF) drawing rights and other non-liquid items...................."

07-09-2012, 17:10	#2
Pete Quiet Professional Join Date: Feb 2005 Location: Fayetteville Posts: 13,080	"....setting up a bloodbath in Egypt" The Obama Administration is setting up a bloodbath in Egypt http://pjmedia.com/spengler/2012/07/...bath-in-egypt/ A little on "The Sky is Falling" side of things but I can believe it. "Egypt has enough foreign exchange on hand to cover six weeks’ of its imports (US$7.8 billion in liquid reserves, against a $5.5 billion monthly import bill). It would have run out of cash in June except for emergency loans from Saudi Arabia, which backs the Egyptian military but abhors the Muslim Brotherhood, whose candidate Mohammed Morsi won Egypt’s presidential election last month. Total reserves are listed at $15 billion, but this includes gold, International Monetary Fund (IMF) drawing rights and other non-liquid items...................."
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