Saudi Arabia Going Broke!!, page-20

  1. 27,335 Posts.
    Interesting info. Thanks for the heads up on this issue. An article on the matter wasn't too hard to find on the net.
    So at their current rate of spending vs income the Saudi folk have known managed assets which they could sell off, and those assets would give them about five years before they have to consider debt or spending cuts.
    I think debt would be easy for them to organise and so is maybe no big issue yet. However watch this space for war mongering from countries that need to drive oil prices higher for the advancement of their economy.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.