Saudi Arabia . . . a failing kingdom

[errolanderson]

This is a worthy read of the financial dynamics impacting the Saudi's and the destabilization of the Middle East as a result of the collapse in global oil prices . . . .

http://www.mauldineconomics.com/download/saudi-arabia-a-failing-kingdom

[ajl]

Saudi started a war they can't finish so it looks good on them. How much longer will Trudopistan survive? Oil prices will not ever (never say never) be back above $100 again and how will this country pay its entitlements to the old people? We can't live with $40 US oil. Quebec is trying desperately to milk every last dollar out of the energy east pipeline with its so called environmental laws. How is it different with western Canadian oil in the pipe than Saudi oil?

[farming101]

Interesting times.....
Here's a couple more regarding oil economies

[URL="http://www.zerohedge.com/news/2016-02-29/saudi-cash-reserves-drop-lowest-level-40-months-amid-crude-carnage"]http://www.zerohedge.com/news/2016-02-29/saudi-cash-reserves-drop-lowest-level-40-months-amid-crude-carnage[/URL]

http://www.zerohedge.com/news/2016-02-29/saudi-cash-reserves-drop-lowest-level-40-months-amid-crude-carnage

[URL="http://insideclimatenews.org/news/23022016/tar-sands-becoming-worthless-production-rises-even-prices-plummet?utm_source=Inside+Climate+News&utm_campaig n=f90923a346-&utm_medium=email&utm_term=0_29c928ffb5-f90923a346-326460285"]http://insideclimatenews.org/news/23022016/tar-sands-becoming-worthless-production-rises-even-prices-plummet?utm_source=Inside+Climate+News&utm_campaig n=f90923a346-&utm_medium=email&utm_term=0_29c928ffb5-f90923a346-326460285[/URL]

http://insideclimatenews.org/news/23022016/tar-sands-becoming-worthless-production-rises-even-prices-plummet?utm_source=Inside+Climate+News&utm_campaig n=f90923a346-&utm_medium=email&utm_term=0_29c928ffb5-f90923a346-326460285

[hobbyfrmr]

This is a worthy read of the financial dynamics impacting the Saudi's and the destabilization of the Middle East as a result of the collapse in global oil prices . . . .

http://www.mauldineconomics.com/download/saudi-arabia-a-failing-kingdom

Errol, that is an interesting read for sure. The race to the bottom for oil with the risk of destabilizing the entire Middle East by tribal warfare.

I bet somebody is having a few sleepless nights!

[sumdumguy]

Fight it out Middle East. Just leave us out of it.

[hobbyfrmr]

It would be pretty awesome to turn on CNN and watch all those the middle east rulers, kings, princes, tribes and armies go all "jihad" on each other.

[Oliver88]

It would be pretty awesome to turn on CNN and watch all those the middle east rulers, kings, princes, tribes and armies go all "jihad" on each other.

Would be good to watch eating popcorn.....watching the "jihad series".

[sumdumguy]

That could very well happen. They'll call it war and we'll 'rescue' all those poor Muslims.