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I appreciate that as -- bring in UKT McFarland former deputy assistant secretary defense.
And Fox News security analyst here with the still -- on -- as well out of Chicago.
He does want to just crossed on the wire skies at the armed forces city tips about the issue a statement that came from Reuters so we'll see maybe they will say something while we're all talking here.
I think we should focused on the money angle to start off can -- because there's this big debate in our country about whether we should keep sending eight.
To Egypt and its centers around whether the should be characterized -- -- -- -- describe it as a military coup where do you stand on all of us.
It's all about following the money but is following the money in several different directions you know cushion with a loss says that a particularly can't get -- money got to congress.
Explain the fact that OK -- deposed.
Elected -- but guess what Hitler was democratically elected Hitler after he was elected them -- about dismantling democracy that's what.
-- that's what more she was doing he was dismantling democracy so we should continue our -- but the more important money to watch for is the Saudi and gulf funny.
Interestingly when -- was elected the first place he went was to Oman Saudi -- -- archenemy.
Made nice with Iran the saudis were angered by that what they did and we shot the checkbook.
Egypt is a country that is an economic free fall if they are not bailed out by somebody and our money is not enough that -- -- not bailed out by Saudi Arabia the wealthy gulf gulf oil states.
They are and parents are ration my by the end of the year because they're one of the money to import the week they need to feed the people.
I was quite fascinated by the two people that are now running in Egypt the defense minister.
Has close -- LCC has close ties with the saudis.
He was a defense attache for a number of years and the interim president judge Mansour also has close ties with the saudis let's see if that Saudi money shows -- before.
-- courses -- -- out the United Arab Emirates reportedly giving three billion dollars.
To the egyptians so there's some money coming in which kind of down but -- -- wasn't before I was thinking of Saudi Arabia and the importance of Saudi Arabia also important in terms of oil markets -- -- get to Phil Flynn really quickly filters to ask you.
We've got oil at almost a 103 dollars a barrel what would it require.
To send oil prices significantly higher from here but would you what what we need to see happen.
Perhaps of -- in the Suez Canal a terrorist act at some point in attack on the cement -- All of which could impact oil prices dramatically I think data we've already seen a lot of risk premium put into this market.
Because -- Suez Canal is on -- work.
We've seen them priced into the market but the reality as if if things if we get a little bit of relative calm we're gonna start taking their premium.
Back out of the market but if you see any of those disruptions.
Right now the other thing for the global market Egypt has always been seen as a safe haven.
Transit area you know during times of stress in the Middle East if we have problems and any other country in the release that -- -- but this time.
That could make that -- go up a lot higher.
Thanks -- -- KTDs you don't see that happening things.
I worry about the Suez Canal for the last two years -- is a very vulnerable place.
It's a 120 miles long it's a one way street -- is having them enough it's not the -- have to have to blame except one laying it up passing -- If something happens in the Suez Canal because guess who set up shop in Sinai and the last year and a half.
It's al-Qaeda if the Muslim router -- extremist groups within Muslim Brotherhood if they match up with al-Qaeda that I think you see it in the Sinai Peninsula being used as a staging ground.
For tax terrorist attacks on Egypt proper.
And on the Suez -- so then to wrap up what's the best we can hope for at this point -- she could hope for is -- -- stays alive for the next year and it establishes.
And -- our government that works.
Security so that the economy can recover.
And finally it's really follow the money you know.
Always boil and everything on the money coming -- Katie Katie thank you someone.
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