Tourism...*!

After the collapse of world economies in 2008, the US Federal Reserve started printing money, buying US Treasuries and Bonds.   This was called Quantitative Easing or "QE"

This went in three stages of QE1, QE2 and QE infiniti. It helped the US economy, employment, Wall Street, Housing, and Auto Industries drastically.

Printing money is a common practice in the World Economics, China, Europe, etc., based on certain economic principles.

Japan was the latest to print money and buy bonds, lots of it. The Dollar equaled  80 Yen, now 102 Yen in just 2 months. Yet this low value of the Yen will help Japanese exports, spurs economic activities, and quickly.   Ironic huhh!!

In Egypt, the Dollar equaled 0.3 Egyptian LB at one point. Then became equals to 3 E. LB, and currently one Dollar equals 6 Egyptian Pounds.

By comparsion, with currency's easing, one expect that Egypt would have a boom in economics, low unemployment and very comfortable living in the land of the Pharos. Sadly that is not the case.

There is much more to economics than just printing. Adam Smith principles of 1776,  Human Rights of 4000 years B.C. may give the boost needed..... Tourism.       Just a thought.

Teddy, the man in the arena

THE MAN IN THE ARENA

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. 

Who is fighting who?

The issue of Syria is getting too complicated by the minute.

Some Syrians believe that young Assad is good for the Country, the minority, and many are still defending the government. Others had hopes to follow the Arab spring, but more, apparently, do not.

Hizbollah fighters and fanatics from Europe are now fighting with and against the Syrian government. That complicated the status as foreigners are playing a role which is not clear.

Jordan, Saudis and Israel are concerned about foreign fighters in Syria. Russia and China are on the side of Syria. EU provides small arms to the rebels, and USA complains from so many civilian deaths.

President Obama warned the Syrian from using Chemical weapons, but some may use it to bring the American boots on the ground. A repeat of the Iraq war.

Who can we support? Not the rebels. What happened if the regime collapsed with so many foreign fighters there?

Who gets the chemical weapons? Who smuggles it, and who use it against who?

To be or not to be, "in Syria", that's the question.