Egypt should not fall into IMF trap

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PressTV
August 24, 2012

International Monetary Fund (IMF) chief Christine Lagarde gives a joint press conference with Egyptian Prime Minister Hisham Qandil on August 22, 2012, upon her arrival at the Prime Minister

International Monetary Fund (IMF) chief Christine Lagarde gives a joint press conference with Egyptian Prime Minister Hisham Qandil on August 22, 2012, upon her arrival at the Prime Minister's office in Cairo.
Don’t do it, President Morsi! Don’t borrow $4.8 billion from the International Monetary Fund! It’s a trick, a trap, a con, a snare. You are being seduced by the Wicked Witch of the West, IMF Managing Director Christine Lagard! Reject her!

Lagard is the one murmuring honeyed words about wanting to help Egypt to improve stability, restore the confidence of investors, create jobs and ease the financial burden of very high financing terms.

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