rich1.0LynAlden (npub1a2…cw83a)https://nostr.ae/npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83anjumphttps://nostr.aeA good 10-minute video on Egypt's economy. -Use public resources and debt to build a massive vanity ghost city, prioritizing this over more utilitarian uses of money. -Have the military compete in all sorts of businesses. Hotels, consumer products, stores, etc. The military has inexpensive forced labor (mandatory military service for most young men) and tax/legal advantages vs the private sector. -Then get hit by things outside of their control while they were already self-weakened (Suez Canal revenue down, due to the Red Sea being unsafe to navigate, periods of high grain prices since they buy most of it from Ukraine/Russia). https://youtu.be/B1yXAfP0AAI