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

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When the House of Saud falls

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Darth Nubian

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wheywhey said:
This Saudi fund doesn't make any sense. It will be a larger version of Warren Buffet's Berkshire Hathaway, but Warren Buffet himself only has a few dozen employees. He isn't supporting every Nebraskan. The businesses in Berkshire Hathaway's portfolio employ hundreds of thousands of people outside of Nebraska.

When you sell oil you immediately receive cash which you can distribute to the people, if that's your wish, but a portfolio of businesses isn't going to be that liquid (no pun intended). Bob Johnson's portfolio of businesses was illiquid so he had to give Michael Jordan the Charlotte Bobcats for $25M in exchange for Jordan taking on the team's $150M debt.

Saudi Arabia's primary and secondary school system is awful, among the worst in the developed world. Saudi's are scared to think outside the box and to take risks because the government is so punitive.

I realize the prince is only 30 but companies like Microsoft should have been purchased in the 80s. As soon as the Chinese got money they started purchasing multi-nationals. You diversify during the good times.
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This fund is a ploy to keep G8 powers vested in keeping the House of Saud in power. KSA will try to leverage this fund into military support.
 
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Raymond Burrr said:
shyt reminds of Syriana more and more each day :wow:

"Wanna know what the business world thinks of you? We think 100 years ago you were living out here in tents in the desert chopping each others heads off and that's exactly where you're gonna be in another 100" :banderas:


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Syriana is low-key a classic film for it's message alone.

shyt was so prescient

Its like GATTACA
 
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Din0can said:
green card program... wait..WHAT :wtf:

huh who the fukk wants to move to Saudi Arabia :skip:
and they want to generate 10bill from that shyt by 2020 :wtf:

10bill VAT.. fukk do the Saudi's even manufacture :wtf:





their fukking trippin :wtf:
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Last year's was the first time they had a deficit. Low oil prices and the war in Yemen has put a major dent on their budget. They are likely to be in deficit for foreseeable future for a number of reasons. Iran oil is back into the market which will keep prices low. Low demand because of recession fears in Europe and China. Plus they are bribing so many countries. They have sent cash to Egypt and Pakistan so they can have Saudi Arabia's back. In Yemen they have bribed tribal elders who hate Saudi Arabia to fight for them against the Houthis. They have paid for mercenaries in Yemen to fight.
 
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