we the sheeple Posted February 11, 2011 Report Share Posted February 11, 2011 Just thinking about Mubarak, reputed to be "worth" $80B. Egypt GDP is 470B Imagine if he's had his fingers in the till of an economy the size of the UK or the USA In the UK, he'd have been "worth" $357B, in the USA, he'd have been "worth" $2.4T. Wow. Link to post Share on other sites
The Masked Tulip Posted February 11, 2011 Report Share Posted February 11, 2011 Just thinking about Mubarak, reputed to be "worth" $80B. Egypt GDP is 470B Imagine if he's had his fingers in the till of an economy the size of the UK or the USA In the UK, he'd have been "worth" $357B, in the USA, he'd have been "worth" $2.4T. Wow. And he is fecking 82 years old. I suppose he has the same access to the stuff that the likes of Buffett, Bernanke and the other super-rich have. Stem cells? Link to post Share on other sites
Guest sillybear2 Posted February 11, 2011 Report Share Posted February 11, 2011 What is it with these vapid kleptomanic f***rs, mummy didn't give them enough hugs or something? Link to post Share on other sites
tomwatkins Posted February 11, 2011 Report Share Posted February 11, 2011 What is it with these vapid kleptomanic f***rs, mummy didn't give them enough hugs or something? How can mummys give you a hug in Egypt? Wouldn't they go all crumbly? Link to post Share on other sites
Guest sillybear2 Posted February 11, 2011 Report Share Posted February 11, 2011 How can mummys give you a hug in Egypt? Wouldn't they go all crumbly? You need to sphinx of some better jokes than that. Link to post Share on other sites
Executive Sadman Posted February 11, 2011 Report Share Posted February 11, 2011 Yes, but these countries have a massive black/grey economy. Supposedly South Africa has 40% unemployment, yet look on streetview and almost every busy street in every busy town is alive with informal street markets. I doubt south africa really has even 4% unemployment. GDP vastly underestimates 'poor' countrys wealth and vastly overestimates the wealth of rich (ie debtor) countries. I suspect in actual productive terms, Eygpt has more wealth than the UK. Link to post Share on other sites
we the sheeple Posted February 11, 2011 Author Report Share Posted February 11, 2011 Maybe a major customer of Canary Wharf Laundry Service? Link to post Share on other sites
The Masked Tulip Posted February 11, 2011 Report Share Posted February 11, 2011 "This is causing me serious psychological harm!" Link to post Share on other sites
Nationalist Posted February 11, 2011 Report Share Posted February 11, 2011 As soon as Mubarak is out of power the new regime will be trying to claw those assets back. The ones actually in Egypt will be snatched immediately. The money squirrelled abroad will be harder, especially if held in relatives' or friends' names. He won't be worth $80bn for long... ...unless a "friend" takes over as the new President. Link to post Share on other sites
Guest sillybear2 Posted February 11, 2011 Report Share Posted February 11, 2011 As soon as Mubarak is out of power the new regime will be trying to claw those assets back. The ones actually in Egypt will be snatched immediately. The money squirrelled abroad will be harder, especially if held in relatives' or friends' names. He won't be worth $80bn for long... ...unless a "friend" takes over as the new President. Even if that's reduced to $8bn or $800m it's all a bit arbitrary at that level, isn't it? Even a 99% loss of net worth isn't exactly catastrophic, I'm sure there's enough stashed in Geneva or London to last generations. He probably already has a bolthole in Mayfair, those god damn hippies might be looking after it for him. Link to post Share on other sites
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