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Kingdom Comedown: Falling Oil Prices Shock Saudi Middle Class
Wall Street Journal ^
| 23 September 2016
| Ahmed Al Omran, Nikhil Lohade
Posted on 09/25/2016 2:32:40 PM PDT by Lorianne
click here to read article
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1
posted on
09/25/2016 2:32:40 PM PDT
by
Lorianne
To: Lorianne
The needle on my give a care meter did not even move on their plight.
To: Lorianne
They’re not eating sand yet, so it’s not that serious yet.
3
posted on
09/25/2016 2:37:41 PM PDT
by
txeagle
To: ARGLOCKGUY
I have someone at work who has dividends from drilling in ND...he wants the price of gas to go up so he’ll get more money...he says that when oil is up, the economy does better and I asked him WHO’S ECONOMY?
4
posted on
09/25/2016 2:37:44 PM PDT
by
cherry
To: Lorianne
Watch “Saudi Arabia Uncovered” on Netflix.
5
posted on
09/25/2016 2:37:46 PM PDT
by
shotgun
To: ARGLOCKGUY
I dozed off trying to read it.
6
posted on
09/25/2016 2:38:12 PM PDT
by
Cen-Tejas
(it's the debt bomb stupid)
To: Lorianne
Drill more, drill here, drill now!
7
posted on
09/25/2016 2:40:31 PM PDT
by
null and void
(America is sick. We will find out if the disease is fatal come November.)
To: Lorianne
Dearest camel jockies and terrorists: Eat sand.
8
posted on
09/25/2016 2:40:55 PM PDT
by
hal ogen
(First Amendment or Reeducation Camp?.)
To: Lorianne
Click the Pic
9
posted on
09/25/2016 2:42:37 PM PDT
by
Fiddlstix
(Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
To: Lorianne
Is this for real? or is 0bama manipulating the oil prices through his muslim buddies to impact the election?
10
posted on
09/25/2016 2:56:54 PM PDT
by
Pilgrim's Progress
(http://www.baptistbiblebelievers.com/BYTOPICS/tabid/335/Default.aspx D)
To: Lorianne
I recall someone having a dream about seven fat years and seven lean years...
Rather than engineering the country into a self sustaining breadbasket (say, soar powered desalination plants irrigating vast farms), they squandered their incredible riches on useless luxuries.
11
posted on
09/25/2016 2:58:12 PM PDT
by
ctdonath2
("If anyone will not listen to your words, shake the dust from your feet and leave them." - Jesus)
To: Lorianne
It's not so bad they've stopped funneling billions to ISIS and every other Iz Lame terror group, funneling money into Hillary's campaign and bribes for Congress Critters, or billions on bombing Yemen.
IOW, this a Saudi lobby propaganda puff piece and nothing more.
If Hillary wins they'll be bringing in cash hand over fist again in no time.
JMHo
12
posted on
09/25/2016 2:58:25 PM PDT
by
Rashputin
(Jesus Christ doesn't evacuate His troops, He leads them to victory !!)
To: Lorianne
Yeah Salman! Raise those prices so we can get a warm weather head start on firing up our shale fields, before Trump starts pulling all of your sycophant Obama’s orders.
13
posted on
09/25/2016 3:10:25 PM PDT
by
tumblindice
(America's founding fathers: all armed conservatives.)
To: Lorianne
If your positive exploitable revenue sources are oil and sand, and you have a substantial negative export source of terror, chances are things aren’t going to be very fun in the future.
14
posted on
09/25/2016 3:13:02 PM PDT
by
lurk
(TEat)
To: Lorianne
Good, the terrorists will only be armed with knives instead of airplanes.
15
posted on
09/25/2016 3:26:40 PM PDT
by
BRL
To: Lorianne
Hopefully we are seeing the punchline to God’s joke of why he put so much oil under the feet of the Saudis.
16
posted on
09/25/2016 3:37:52 PM PDT
by
Organic Panic
(Hillary Clinton, the elderly woman's version of "I dindu nuffins.")
To: Lorianne
the Saudi working middle class. That statement right there makes the whole article a lie. You have to be a member of the royal clan, or one of it's three allied clans to be in their 'middle' class
Unless sitting at a desk, telling the foreign workers how they're doing it wrong, and stealing their money is now considered "work".
17
posted on
09/25/2016 4:07:36 PM PDT
by
woofer
To: Lorianne
"If you are used to a certain level of spending, how can you be told to limit your expenses and cancel some stuff? he asked. It is a good idea, but in practice it will be difficult for so many people.
"
18
posted on
09/25/2016 4:28:03 PM PDT
by
Rebelbase
(Bill and Hillary for ADX Supermax!)
To: Lorianne
they're screwed... if they cut production and prices rise it makes shale gas more viable so they'd have to pump more to regain market share
i love it
19
posted on
09/25/2016 4:37:03 PM PDT
by
Chode
(You Owe Them Nothing - Not Respect, Not Loyalty, Not Obedience, NOTHING! ich bin ein Deplorable...)
To: ctdonath2
they squandered their incredible riches on useless luxuries
I was thinking the same thing.
20
posted on
09/25/2016 4:50:27 PM PDT
by
painter
( Isaiah: �Woe to those who call evil good and good evil,")
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