‘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.
Oh you Wicked Witch! The IMF is the arm of Western financial interests. If Egypt takes the money it will become your debt slave. It will enter bondage. Like the haris of Pakistan who, borrowing at outrageous interest rates for a wedding, a funeral, or the sickness of a child, find that they cannot repay, Egypt will be enslaved for ever.’