Mideast Money-Egyptians buy into real estate to escape currency dive
Apr 3, 2013 | Posted by: roboblogger | Full story: Reuters
After buying gold plates for 100,000 Egyptian pounds , Naer Wahid is considering whether to use the rest of his savings to acquire, with his sisters, an apartment or plot of land outside Cairo.
Oh yeah. That's shrewd. Then they are chained to worthless property in a failed state that is on the verge of violent collapse. Oh well, as long as they don't wash up in America, who cares?
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