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To: thackney

When you have $15-20 billion/month in subsidizing commitments, internal and very proximal security problems and you remain a profligate consumer of imported goods, cash reserves dwindle quickly.


16 posted on 12/18/2014 6:10:38 AM PST by allendale
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To: allendale

800 divided 20 is 40 months

Since oil price is only half and not zero, let us call it at least five years.

OPEC will crack if these prices are sustained. But it won’t be Saudi Arabia driving the changes from being unsustainable.


19 posted on 12/18/2014 6:14:59 AM PST by thackney (life is fragile, handle with prayer.)
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