If Morsi loses US aid and begins an arms race with Israel Egypt will go broke. He only won this election by less than 2% and the military is pretty cool to him. I suspect that Egypt that Egypt will go into the toilet however, not before further arming hamas and losing control of the Saini.
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Iraqi police fire tear gas as thousands of protests burst into Green Zone, storm Parliament (AP)
from the article: President-elect Morsi: Egypt should expand ties with Iran