George Washington University's P.J. Crowley 'Doubtful That Morsi Survives'

P.J. Crowley, former United States Assistant Secretary of State for Public Affairs and George Washington University professor, appeared on CNBC's Squawk Box on Wednesday morning where he discussed Egypt's current political turmoil. "I think it's very doubtful that [Mohamed] Morsi survives. I think there have been hopes of a negotiation that would expand political space in Egypt for opponents, but the military ultimatum of 48 hours is rapidly approaching, plus a missed opportunity of Morsi last night in terms of his speech, offered no concessions to the protesters," said Crowley. Crowley said a confrontation is coming, and that if something has to give, it's going to be Morsi. Though he won his presidency in a fair and free election, he's lost legitimacy with much of Egypt's population. Related: Center House Ltd. CEO Mac McClelland Says Egyptian Unrest Will Bring Violent Crackdown According to Crowley, the Egyptian military already has a roadmap that includes a technocratic government, a rewritten constitution, and early elections. The reaction of the Muslim Brotherhood is another thing, and Morsi himself has said that he's willing to die for democracy in Egypt. "This could get ugly and that has implications, particularly in terms of the Egyptian economy," said Crowley. For the time being, the United States needs to maintain flexibility in reacting to the situation, said Crowley.