Why Egypt's New Capital is Bankrupting the Country

As an Egyptian, every cent is going to this city. propaganda is saying to us that it will benefit us but it will only be for the rich while the people are not even capable to buy rice

Egypt’s new capital is basically like South Korea’s new capital. Only difference is that Korea has the money in case it fails 💀

Trade offer: You get: -Sky high cost of living -Generations worth of debt -low international exchange rate - double digit inflation I get: - football stadium - big pillar - golden palace :)

I'm an Egyptian living in the capitol Cairo, and for a year now the electricity cuts everyday 2 hours or more because according to the government we cannot afford not to have daily cutoffs to save money.

Fix existing problems in Capital city ❌ Build new city with non existing money ✔️

As an Egyptian I'm telling you If those Billions of Dollars were spent on Improving our Economy, Infrastructure, Education, Production Factories, Agriculture, it would've been so much more beneficial to us in the short and long terms, but No! they spent it on building Ultra Expensive Apartments In the Desert and new Government Districts so they can Practice their Corruption In better Offices.

"when everything in the country converted into chaos , they will build a city for themselves, away from the disgusting reality of what they have done" a truthful words from Ahmed Khalid tawfeq , it was written in his novel "Utopia" which he predicted the future of Egypt

As an Egyptian, I'm bewildered by how we've reached this point. I deeply regret to admit that everything you've expressed in the video is undeniably true. At 25 years old, I find myself unable to grasp the rationale behind constructing the administrative capital, yet your explanation has shed light on this matter for Egyptians who were in the dark. It's truly disheartening to see how a foreigner can grasp our situation, understand our problems and their solutions, and even benefit from them, while we, the people, continue to struggle. This represents a humble contribution to help disseminate awareness through your videos and elevate collective consciousness.

You all seem to be forgetting that Egypt gets a 20% bonus to production of Great Wonders, they're just playing this one to the meta

You know your vanity project is bad when even the Chinese and UAE pull out.

As an Egyptian, this is a very conclusive and up-to-date documentary that I can easily recommend to anyone who wants to learn about the economic and geo-political situation in Egypt. Very well put to together. Kudos to this channel! On different note, regardless of anyone's political interests, I can safely say that we, as Egyptian, want nothing out of this ordeal but to lead a peaceful and humane life. I really hope our government understands this wholeheartedly. I hope my country will eventually get out of this economic crisis flourishing more than ever and I hope the Egyptian government avoids burning bridges with the Egyptian population along the way. Thanks again for creating this amazing documentary!

As an Egyptian I would like to compliment this YouTube channel for the great insight and knowledge of what is going on in the country, great documentary and all information in it is true

Corruption truly is one of the worlds greatest and most tragic diseases. I wish all the best for the Egyptian people.

As a now middle-aged African, I have ever-increasing contempt for leaders along the length and breadth of the continent who think that they can buy prestige rather than build it. Why all the focus on having the biggest, the tallest, the largest structures? That means nothing when you haven't dealt with fundamentals such as improving civil infrastructure and minimising corruption.

Fun fact Paris was rebuilt to suppress revolts. The narrow cobbled streets were removed to stop people from creating barricades. The new broad, straight roads are connected by large plazas that can act as mutually supportive artillery parks to suppress rioters. It’s like an inverted fortress.

As an Egyptian who is deeply invested in our geopolitical and economical situations for 5+ years now I wouldn't have made it clearer. Amazing effort! An important piece of information you left behind is the Zohr natural gas field, which was discovered in 2015, promising the Egyptians a stable and guaranteed energy source for many years to come, only to be surprised last May by a severe decline in its production capacity, which prompted the government to take heinous decisions, such as reducing the loads on residential areas throughout Egypt for a period of up to four hours a day, and return to importing natural gas again in a time where huge dept interests are due.

It’s funny how an “outsider” independent online creator was able to explain our miserable situation better than our own so called “experts”. It’s sad, very sad actually, there doesn’t seem to be light at the end of this tunnel we’re digging into.

Living in Egypt is atrocious currently, it was bad two years ago but right now its unbearable. I'm in medical school and I had to sell my Ipad and start working because food is not affordable anymore. Like can you not be furious if you only sleep 6 hours for the last one year to barley afford low quality food? its so depressing

Oh My God, I spent a WHOLE HOUR watching this and rewinding the parts that were interesting and I didn't feel the time at all... thank you for this amazing episode

Wow amazing video bro I was waiting for so long on Egypt new capital