The Egyptian's have a major problem. Morsi was democratically elected. That much is commonly accepted. That said he did grant himself vast new powers which wasn't part of the deal.
But more urgently than that, Egypt needs stability. One of the reasons their economy is a mess is simply because companies like mine are refusing to invest anymore and others are pulling out. We lost two major deals following the first revolution which put us from profit to loss. Winning new deals is nigh on impossible. Despite the low costs, who in their right minds would stand up at a board meeting of directors and say "Hey...i have a great idea. Let's invest £100m in Egypt!"?
I've been many times through work and i've been very impressed with the Egyptian's work ethics and educational standards of their graduates.
But until they can stabilise their country their economy is going to keep plunging. I fear the people will keep protesting for a magic wand solution. I bet inside of six months there'll be protests against the army appointed government. After elections there'll be more against the new leader. And so on.