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balajis
@balajis.eth
The UAE did a deal with Egypt to manage a piece of their land. This is another type of network state: a traditional state that expands into a global network through land management deals. In the next crisis, well-run states will have the cash to buy land. And insolvent states that need the cash will sell land.
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SheemaπŸŒžπŸŒπŸ§‘β€πŸ’»πŸͺ· pfp
SheemaπŸŒžπŸŒπŸ§‘β€πŸ’»πŸͺ·
@sheema
It's a geographical advantage for UAE to help Egypt which is facing issue with water and draught as well as weak currency debasement . So nothing to do with sovereign debt crisis or other narrative being Paddle here .they can trust and can be mutually beneficial for both countries
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