One basic problem in Egypt is the population explosion. Whatever economic development is reached, the new mouths to feed eat up the progress. In 1960, Egypt's population was 28 million and today it is over 80 mil. One can rely on the Islamists, as with other religious fanatics including Jews, that there will be no attempt to control this growth. In short, things will get worse before they get better.
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from the article: Egypt: The beginning of an era