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

OZONEOZONE Member Posts: 2,510

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.


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Comments

  • sarktasticsarktastic Member Posts: 9,208
    So, you're in favor of surrendering the petro dollar to a global currency dictated by Russia...interesting.
  • OZONEOZONE Member Posts: 2,510
    edited October 2015
    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...
  • sarktasticsarktastic Member Posts: 9,208
    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.
  • RaccoonHarryRaccoonHarry Member Posts: 2,161

    The world needs another failed country filled with fanatical Muslims

    Nuke 'em now, why wait? Is it true nukes will turn all that sand to glass? I'd like to find out.
  • PurpleJPurpleJ Member Posts: 37,511 Founders Club
    Let's just nuke everybody that doesn't look like us.
  • priapismpriapism Member Posts: 2,200
    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-beirut
  • dncdnc Member Posts: 56,800
    edited October 2015
    priapism 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.
    http://www.theguardian.com/world/2015/oct/26/saudi-prince-held-two-tonnes-amphetamines-airport-beirut

    Doesn't the royal family execute people for dealing drugs?

    Guess the families teaching offenders to respect da bidness.
  • priapismpriapism Member Posts: 2,200
    dnc said:

    priapism 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.
    http://www.theguardian.com/world/2015/oct/26/saudi-prince-held-two-tonnes-amphetamines-airport-beirut
    Doesn't the royal family execute people for dealing drugs?

    Guess the families teaching offenders to respect da bidness.

    The "four others" are in serious trouble.
  • Fire_Marshall_BillFire_Marshall_Bill Member, Swaye's Wigwam Posts: 24,399 Founders Club
    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.
  • PurpleReignPurpleReign Member Posts: 5,479
    OPEC is butt fucking our fracking bidness, they will be okay unless some shit changes
  • OZONEOZONE Member Posts: 2,510

    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.

    Your hearing is probably bad.

    My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
  • OZONEOZONE Member Posts: 2,510

    The world needs another failed country filled with fanatical Muslims

    But since this country is the primary financier of radical Islamists -- it won't hurt to have some of their money going away.
  • PurpleJPurpleJ Member Posts: 37,511 Founders Club
    OZONE said:

    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.

    Your hearing is probably bad.

    My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
    I'll take obvious lies people tell on the internet for $2000, Alex.
  • 2001400ex2001400ex Member Posts: 29,457
    PurpleJ said:

    OZONE said:

    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.

    Your hearing is probably bad.

    My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
    I'll take obvious lies people tell on the internet for $2000, Alex.
    What is 75% of everything out of purple's mouth.

    I'm in the money, I'm in the money.
  • PurpleJPurpleJ Member Posts: 37,511 Founders Club
    2001400ex said:

    PurpleJ said:

    OZONE said:

    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.

    Your hearing is probably bad.

    My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
    I'll take obvious lies people tell on the internet for $2000, Alex.
    What is 75% of everything out of purple's mouth.

    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.
  • OZONEOZONE Member Posts: 2,510
    PurpleJ said:

    OZONE said:

    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.

    Your hearing is probably bad.

    My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
    I'll take obvious lies people tell on the internet for $2000, Alex.
    Say it to my face.
  • Fenderbender123Fenderbender123 Member Posts: 2,988
    I almost got a minor in econ....but she said no.
  • 2001400ex2001400ex Member Posts: 29,457
    PurpleJ said:

    2001400ex said:

    PurpleJ said:

    OZONE said:

    I understand economics.

    I don't understand Oconomics.

    Sounds like it's reversed for you, interesting.

    Your hearing is probably bad.

    My undergrad is in Econ -- and I used to do it for a living for a couple of fortune 500 companies. Yourself?
    I'll take obvious lies people tell on the internet for $2000, Alex.
    What is 75% of everything out of purple's mouth.

    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.
    That was terrible. You got something better than that.
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