Official Kingdom of Saudi Arabia Collapse Thread...They're absolutely FU&KED!!!

[ZoeGod]

There was an article from the NYTimes that said that even Yemeni fighters backed by Saudi Arabia aren't getting paid in time. That has slowed down the war effort for the Saudis. The war in Yemen is an expensive affair and looks like it won't end. The Saudi's are really burning cash this year. And even if at the OPEC meeting Saudi Arabia cuts it's production at 800,000 barrels Iran and Russia could pump up production to hurt the Saudis. Like the thread title says they are fukked.

 

[☑︎#VoteDemocrat]

 

[Cynic]

 

[ZoeGod]

Seriously though what's the fallout gonna be

If this economic stagnation continue it will effect local workers. The biggest construction company in the mideast the Binladin Group(sounds familiar) had to layoff 50,000 workers in Saudi Arabia and the second biggest Saudi Oger declared bankruptcy. For now foreign workers are being laid off or not getting paid. Some havent been paid in 8 months. However this will spread to government jobs and other private industries as now the Kingdom is in a credit crunch. Just today the Saudi Central bank injected $5.3 billion into their banks to support them. Add to that they are spending 200 million a day in the war in Yemen and even then can't even pay their proxies on the ground in time. So if the situation doesnt change we will see more layoffs,more cutting of subsidies,higher taxes,add on top of that higher inflation and BOOM! You will see mass anti government demonstrations. The Saudi Arabian National Guard will be set to put them down but to no avail. Then you will see tribes start breaking away from Saudi Arabia. Remember Saudi Arabia is still a collection of tribes at the end of the day. They are only united when economic times are good but when things go south they care about their own problems. You will see members of the Saudi military defect to either their tribal roots or join jihadist forces. You will have state collapse and civil war.

A civil war in the Arabian Peninsula would also challenge long-standing alliances. Instability, the threat to the holy cities, and the possibility of jihadist gains would encourage states with high stakes (Egypt, Jordan, Iran, Pakistan, U.S., etc.) to react. In fact, UAE officials have even made contingency plans for a potential state collapse in Saudi Arabia, a risk which none of the kingdom’s neighbors can afford to ignore. These states would certainly move to secure the holy sites and combat terror cells, but solving the civil war would be a massive challenge. There would be considerable pressure to support the Saud family, but supporting the Wahhabi religious establishment over a reform movement would cause domestic complications in some of these countries that resent the kingdom’s influence across the region.

Pakistan, which has a “special bilateral relationship” with Saudi Arabia obligating their military to defend Mecca and Medina and protect Saudi Arabia’s territorial integrity, would face the most pressure to intervene militarily on behalf of the Saud government should turmoil intensify. The two nations have a long history of military and security cooperation, and there is little doubt that Pakistan would act to protect the Al Saud rulers. In addition, the Egyptian military is present in the northern border areas of Saudi Arabia helping to augment Pakistani forces supporting SANG and the Saudi border guard.

You would have a multi national force composed of Pakistan,Egypt,UAE,Jordan and other Gulf countries try to intervene to help the House of Saud but it will be a bloodbath. It would be Yemen on steroids/ Iran will see them weak and encourage the Bahraini shia majority over throw the royal family in Bahrain. And if Bahrain falls the US fifth fleet will leave cuz we can afford to get involved militarily in that fukkery. Once Bahrain is under Iranian influence Iran and its shia proxies in Iraq will have an open road to liberate the shiites in Eastern Saudi Arabia. In the end it will be the fukkery to end all fukkey. And if the Saudi economy doesnt shape up in the next 3 years the events I just explained could happen in the 2020s.

 

[Trajan]

Saudi Arabia unveils first public sector pay cuts

Saudi Arabia has unveiled pay cuts for government employees for the first time, as it attempts to further rein in spending at a time of low oil prices.

A royal decree said ministers' salaries would be reduced by 20%, and housing and car allowances for members of the advisory Shura Council cut by 15%.

Lower-ranking civil servants will see wage increases suspended, and overtime payments and annual leave capped.

About two-thirds of working Saudis are employed in the public sector.

Their salaries and allowances accounted for almost half of government spending in 2015, or about $120bn (£93bn), and contributed to a budget deficit of $98bn.

BBC Middle East analyst Sebastian Usher says the unspoken contract that once existed between ordinary Saudis and the ruling elite - in which citizens could all but expect a none-too-stressful job for life in return for accepting the status quo - has long been eroding.

But, our correspondent adds, the deficit highlighted the urgent need for change.

In April, Crown Prince Mohammed bin Salman unveiled a reform plan intended to reduce the government's spending and lessen its dependence on oil revenue.

The "Vision 2030" initiative aims to cut the public sector payroll to 40% of the budget by the start of the next decade and boost private sector employment.

The government also cut the generous subsidies for petrol and utilities in December, but complaints prompted Prince Mohammed to sack the water and electricity minister six months later.

Some Saudis have already taken to social media to lament what they remember as better days under King Abdullah, who died last year.

"God be with the citizens, we are back to the time of poverty," wrote Rayan al-Shamri on Twitter.

Jamal Khashoggi, editor of Al-Arab News, told Reuters news agency: "It's one more economic measure to balance spending. Of course people don't like it, but it's a sign of the times."

"Probably the teachers and many others will be affected by it. It shows why it's important for the private sector and Saudi GDP to diversify," he added.


Saudi Arabia unveils first public sector pay cuts - BBC News

 

[Wild self]

dubai is like vegas for saudis. they can't shyt on insta thots at home so they setup shop in dubai. if the saadis go then dubai is going along with it.

IG thots have nowhere else to go to. They gonna come back to the states and sell themselves for $70 an hour.

 

[☑︎#VoteDemocrat]

Saudi Arabia unveils first public sector pay cuts

Saudi Arabia has unveiled pay cuts for government employees for the first time, as it attempts to further rein in spending at a time of low oil prices.

A royal decree said ministers' salaries would be reduced by 20%, and housing and car allowances for members of the advisory Shura Council cut by 15%.

Lower-ranking civil servants will see wage increases suspended, and overtime payments and annual leave capped.

About two-thirds of working Saudis are employed in the public sector.

Their salaries and allowances accounted for almost half of government spending in 2015, or about $ (£93bn), and contributed to a budget deficit of $98bn.

BBC Middle East analyst Sebastian Usher says the unspoken contract that once existed between ordinary Saudis and the ruling elite - in which citizens could all but expect a none-too-stressful job for life in return for accepting the status quo - has long been eroding.

But, our correspondent adds, the deficit highlighted the urgent need for change.

In April, Crown Prince Mohammed bin Salman unveiled a reform plan intended to reduce the government's spending and lessen its dependence on oil revenue.

The "Vision 2030" initiative aims to cut the public sector payroll to 40% of the budget by the start of the next decade and boost private sector employment.

The government also cut the generous subsidies for petrol and utilities in December, but complaints prompted Prince Mohammed to sack the water and electricity minister six months later.

Some Saudis have already taken to social media to lament what they remember as better days under King Abdullah, who died last year.

"God be with the citizens, we are back to the time of poverty," wrote Rayan al-Shamri on Twitter.

Jamal Khashoggi, editor of Al-Arab News, told Reuters news agency: "It's one more economic measure to balance spending. Of course people don't like it, but it's a sign of the times."

"Probably the teachers and many others will be affected by it. It shows why it's important for the private sector and Saudi GDP to diversify," he added.


Saudi Arabia unveils first public sector pay cuts - BBC News

 

[koolkeef]

A royal decree said ministers' salaries would be reduced by 20%, and housing and car allowances for members of the advisory Shura Council cut by 15%.

Lower-ranking civil servants will see wage increases suspended, and overtime payments and annual leave capped.

At least they come out the gate doing right by their people.

 

[☑︎#VoteDemocrat]

What happens when the Saudis start buying up large amounts of American corporations?

They're not the Chinese

 

[TLR Is Mental Poison]

What happens when the Saudis start buying up large amounts of American corporations?

They are going to need that money to buy time before the bloodbath

The day of reckoning for the house of Saud is gonna make the French Revolution look like a small disagreement.... Are you kidding me

They got problems bro. China has problems too but they have more time. China has decades, KSA has years

 

[☑︎#VoteDemocrat]

There was an article from the NYTimes that said that even Yemeni fighters backed by Saudi Arabia aren't getting paid in time. That has slowed down the war effort for the Saudis. The war in Yemen is an expensive affair and looks like it won't end. The Saudi's are really burning cash this year. And even if at the OPEC meeting Saudi Arabia cuts it's production at 800,000 barrels Iran and Russia could pump up production to hurt the Saudis. Like the thread title says they are fukked.

Iran gonna bury that saffron laced boot in the saudis ass

 

[☑︎#VoteDemocrat]

They are going to need that money to buy time before the bloodbath

The day of reckoning for the house of Saud is gonna make the French Revolution look like a small disagreement.... Are you kidding me

They got problems bro. China has problems too but they have more time. China has decades, KSA has years

The Saudi shyt has the potential to go nuclear. Straight up. Cause if THEY collapse, its gonna make Syria (and the impending terrorism) look like pop-warner

 

[TLR Is Mental Poison]

nikkas gonna be like "remember the Syrian Civil War... man those were the good old days "

Pakistan got them thangs too right..............................

 

[BonafideDefacto]

 

[Trajan]

At least they come out the gate doing right by their people.

Lol it's a PR job. What's a 20% pay cut for a few ministers going to do? They're already plugged in where the real wealth is...they won't miss it and it won't put a dent in the deficit.

2/3rds of Saudis work for the govt. Half of govt spending goes to wages ($120bn). That's where they need to make cuts if they are serious but they won't touch that right now. They're probably preparing the people for the real cuts by showing them that they're starting with themselves.