The Saudis will be out of money in 5 years according to the IMF

https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
Comments
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So, you're in favor of surrendering the petro dollar to a global currency dictated by Russia...interesting.
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The dollar will be strong, regardless of the petro dollar that is all the rage to talk about by people that don't understand economics.
The world still views the dollar as the safest currency in the world, and will for a long time to come.
Oh, and Russia will have nothing to say about it, they will be near bankrupt too... -
I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting. -
The world needs another failed country filled with fanatical Muslims
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Nuke 'em now, why wait? Is it true nukes will turn all that sand to glass? I'd like to find out.RaceBannon said:The world needs another failed country filled with fanatical Muslims
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Let's just nuke everybody that doesn't look like us.
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A trifle ambitious. Start with the Muslims and see where it goes from there...PurpleJ said:Let's just nuke everybody that doesn't look like us.
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Looks like they found something to replace dates with.
A Lebanese official says Beirut airport authorities have foiled one of the country’s largest drug smuggling attempts, seizing two tonnes of the amphetamine fenethylline before they were loaded on to the private plane of a Saudi prince.
The official said the prince and four others had been detained on Monday. He spoke on condition of anonymity because he was not authorised to give official statements.
The manufacture of fenethylline pills thrives in Lebanon and war-torn Syria, which have become a gateway for the drug to the Middle East and particularly the Gulf.
In a 2014 report, the United Nations Office of Drugs and Crime says the amphetamine market is on the rise in the Middle East, with Saudi Arabia, Jordan and Syria accounting for more than 55% of amphetamines seized worldwide. -
http://www.theguardian.com/world/2015/oct/26/saudi-prince-held-two-tonnes-amphetamines-airport-beirutpriapism said:Looks like they found something to replace dates with.
A Lebanese official says Beirut airport authorities have foiled one of the country’s largest drug smuggling attempts, seizing two tonnes of the amphetamine fenethylline before they were loaded on to the private plane of a Saudi prince.
The official said the prince and four others had been detained on Monday. He spoke on condition of anonymity because he was not authorised to give official statements.
The manufacture of fenethylline pills thrives in Lebanon and war-torn Syria, which have become a gateway for the drug to the Middle East and particularly the Gulf.
In a 2014 report, the United Nations Office of Drugs and Crime says the amphetamine market is on the rise in the Middle East, with Saudi Arabia, Jordan and Syria accounting for more than 55% of amphetamines seized worldwide.
Doesn't the royal family execute people for dealing drugs?
Guess the families teaching offenders to respect da bidness. -
Doesn't the royal family execute people for dealing drugs?dnc said:
http://www.theguardian.com/world/2015/oct/26/saudi-prince-held-two-tonnes-amphetamines-airport-beirutpriapism said:Looks like they found something to replace dates with.
A Lebanese official says Beirut airport authorities have foiled one of the country’s largest drug smuggling attempts, seizing two tonnes of the amphetamine fenethylline before they were loaded on to the private plane of a Saudi prince.
The official said the prince and four others had been detained on Monday. He spoke on condition of anonymity because he was not authorised to give official statements.
The manufacture of fenethylline pills thrives in Lebanon and war-torn Syria, which have become a gateway for the drug to the Middle East and particularly the Gulf.
In a 2014 report, the United Nations Office of Drugs and Crime says the amphetamine market is on the rise in the Middle East, with Saudi Arabia, Jordan and Syria accounting for more than 55% of amphetamines seized worldwide.
Guess the families teaching offenders to respect da bidness.
The "four others" are in serious trouble. -
That's if oil prices remain low. I remember clowns saying gas would never be below 3.50 a gallon in 2008. In 2009 it was 1.70.
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OPEC is butt fucking our fracking bidness, they will be okay unless some shit changes
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Your hearing is probably bad.sarktastic said:I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting.
My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself? -
But since this country is the primary financier of radical Islamists -- it won't hurt to have some of their money going away.RaceBannon said:The world needs another failed country filled with fanatical Muslims
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I'll take obvious lies people tell on the internet for $2000, Alex.OZONE said:
Your hearing is probably bad.sarktastic said:I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting.
My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
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What is 75% of everything out of purple's mouth.PurpleJ said:
I'll take obvious lies people tell on the internet for $2000, Alex.OZONE said:
Your hearing is probably bad.sarktastic said:I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting.
My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
I'm in the money, I'm in the money. -
If I wanted a comeback, I would have told you to wipe it off your sister's face.2001400ex said:
What is 75% of everything out of purple's mouth.PurpleJ said:
I'll take obvious lies people tell on the internet for $2000, Alex.OZONE said:
Your hearing is probably bad.sarktastic said:I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting.
My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
I'm in the money, I'm in the money.
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Say it to my face.PurpleJ said:
I'll take obvious lies people tell on the internet for $2000, Alex.OZONE said:
Your hearing is probably bad.sarktastic said:I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting.
My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself? -
I almost got a minor in econ....but she said no.
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That was terrible. You got something better than that.PurpleJ said:
If I wanted a comeback, I would have told you to wipe it off your sister's face.2001400ex said:
What is 75% of everything out of purple's mouth.PurpleJ said:
I'll take obvious lies people tell on the internet for $2000, Alex.OZONE said:
Your hearing is probably bad.sarktastic said:I understand economics.
I don't understand Oconomics.
Sounds like it's reversed for you, interesting.
My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
I'm in the money, I'm in the money. -
Who is funding them?OZONE said:
But since this country is the primary financier of radical Islamists -- it won't hurt to have some of their money going away.RaceBannon said:The world needs another failed country filled with fanatical Muslims
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Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI. -
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways. -
PICS, DAMNIT!ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
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The ones that got out and moved to Beverly Hills are. The ones that #whyistayed are wrapped from head to toe.ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
Fag religion -
hardcorehusky.com/forums/#/discussion/24789/its-hardPurpleThrobber said:
PICS, DAMNIT!ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
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Right now the Saudis are driving some of the US onshore companies out of business. Their credit lines are drying up and we're starting to see US production fall. I expect that in mid-summer 2016 Saudi Arabia will start to curtail production. While they do want to protect some market share they are hurting for cash and know they can cut production 20% to increase commodity price by 50+%. Most of OPEC desperately wants oil prices back and will happily work with the Saudis to prop prices back up. We won't see prices back over $100 soon because onshore US production can come back online pretty readily and will if the margin is there. I think we'll see some oscillation around $70 oil for some time to come starting late next year.
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If you can't spot a hottie under a burka, I can't help you.RaceBannon said:
The ones that got out and moved to Beverly Hills are. The ones that #whyistayed are wrapped from head to toe.ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
Fag religion -
The Saudis.sarktastic said:
Who is funding them?OZONE said:
But since this country is the primary financier of radical Islamists -- it won't hurt to have some of their money going away.RaceBannon said:The world needs another failed country filled with fanatical Muslims
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Unfortunately, supply and demand has had less of an impact on the price than the value of the US dollar. And the Saudi's are happy with oil closer to $60. That's the area of the break even point for oil in the Bakken oil field, where most of the US production has increased the last 10 years. So anything over that, the production will increase from the US and less oil will come from the Saudi's.Mad_Son said:Right now the Saudis are driving some of the US onshore companies out of business. Their credit lines are drying up and we're starting to see US production fall. I expect that in mid-summer 2016 Saudi Arabia will start to curtail production. While they do want to protect some market share they are hurting for cash and know they can cut production 20% to increase commodity price by 50+%. Most of OPEC desperately wants oil prices back and will happily work with the Saudis to prop prices back up. We won't see prices back over $100 soon because onshore US production can come back online pretty readily and will if the margin is there. I think we'll see some oscillation around $70 oil for some time to come starting late next year.