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Although the protesters in Egypt and neighboring countries are calling for democratic reforms, in reality they are calling for better economic life. Democracy is only a means to an end. I believe the driving forces behind the Tunisian and Egyptian uprisings are economical. A chronic high unemployment combined with an inflation in food prices is a volatile mix that can lead to major civic outbursts.

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Submitted by on February 20, 2011

Med Jones

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.

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