From Generational Dynamics:
“Violent protests continued across Egypt on Thursday, for a third consecutive day, despite a large deployment of security forces by the government, according to VOA. The protesters are trying to bring down the 82 year old President Hosni Mubarak, who has been in power in Egypt for 30 years.
However, the turmoil was not just in the streets. The Cairo stock exchange index fell about 20% in the last few days, as investors panicked and lost confidence in the Egyptian financial markets, according to Reuters.
Egyptian security forces are braced for renewed riots and demonstrations on Friday, when the number of people may swell to the hundreds of thousands. Unlike Tunisia, Egypt is in a generational Crisis era, and so it’s possible that the demonstrations could spiral into a civil war.”
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