Egypt's ruined Economy

[CCIP]

Well in the short term, any shock to the existing system is going to upset the economy. Which I don't think necessarily reflects long-term effects.

At least for the tourism industry, I suspect it will bounce back eventually, assuming the country can get more stable. For all the bad PR of revolution, there is the great PR of thousands of years of history + some nice beaches that will probably keep drawing people in. Likewise, the strategic position of Egypt shouldn't be underestimated.

But of course it all depends on how well it'll all be managed. IMO a corrupt pro-western regime wasn't inherently good at it, stability being its only selling point. But how corrupt and bad a new regime will be remains to be seen.

You could also just argue that the current problems with foreign investment aren't the result of the 'new Egypt' being bad for investment, but more a result of a previous bad investment in assumed stability, which crashed and burned. I hope that's the lesson investors learn: doesn't pay to make deals with undemocratic regimes, in a long term anyway.