I agree with most of this.
Something like this was bound to happen tho..or worse. MBS was heading in that direction. Qatar, MBN, Ritz-Carlton, Hariri, Yemen...dude is a walking fukkery
As far as US/Western business men dropping out of "Davos in the Desert" lol I think this is because the act happened so close to the conference. I don't see it having any longterm effects. Saudis pay top dollar and everyone wants a piece of the pie. For example last time, an international PR firm was advising KSA on sanitising its image in the West...Western media got a hold of this story and what did the PR firm do?...simply take KSA off their site as a client. Doesn't mean they weren't clients any longer.
Even the whole Ritz-Carlton affair...Western firms were complicit. PWC was performing forensic accounting for MBS to track down who owned what among the detainees and a top legal firm based in London made bank drawing up the transfer deeds and legal instruments transferring property from men being held against their will
. Just highly unethical.
Richard Branson et al knew exactly the fukkery that was going on and didn't give a fukk because that Saudi bag is too lucrative. Uber has Saudi board members...they know what MBS is about. The optics are just bad RIGHT NOW but mark my words it's going to be business as usual.
US/UK, lobbies, consultancies and other businesses are going to do some fake posturing but in the end they're gonna wait on those Riyals being dropped off