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In the recent years, Egypt has also experienced a significant speedy devaluation of its pound against the dollar. The net impact of this financial crisis has been the increase in food prices, high levels of unemployment and shortage of energy. Considering all these factors, it is true to state that Egypt is currently experiencing its worst financial and economic meltdown since the 1930s.

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Shawn Richards
Universiteit van Amst

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Florida State University

Anush Thari
Goenka University

Nek lean
Louisiana State