Wednesday, September 14, 2011

Spengler: Egypt Nightmare

Daniel P. Goldman, who channels Spengler, here writes for PajamasMedia about the situation in Egypt. He believes that situation isn't at all good.

Goldman summarizes the basics as follows:
  • The misnamed “Arab Spring,” really a convulsion of a dying society, began with food shortages. Egypt imports half its caloric consumption, 45% of its people are illiterate, its university graduates are unemployable, its $10 billion a year tourism industry is shuttered for the duration, and its foreign exchange reserves are gradually disappearing.
  • A country that can’t teach half its people to read, and can’t produce employable university graduates, and can’t feed itself, is going to go down the drain.
  • The result, I predict, will be a humanitarian catastrophe that makes Somalia look like a picnic.
I wonder if we will have the courage and toughness to look at the Egyptian catastrophe and say "It's not our problem."