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Saudi Arabia to run out of cash in less than 5 years
money.cnn.com ^
| October 25, 2015
| Matt Egan
Posted on 10/25/2015 3:38:46 PM PDT by Berlin_Freeper
If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leader Saudi Arabia as well as Oman and Bahrain.
Low oil prices will wipe out an estimated $360 billion from the region this year alone, the IMF said.
(Excerpt) Read more at money.cnn.com ...
TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Russia
KEYWORDS: antifracking; energy; epa; fracking; globalwarminghoax; methane; oil; opec; petroleum; popefrancis; putinsbuttboys; romancatholicism; saudiarabia; saudiarabiacrisis; saudioil; vladtheimploder
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To: Berlin_Freeper
2
posted on
10/25/2015 3:41:12 PM PDT
by
reg45
(Barack 0bama: Implementing class warfare by having no class.)
To: Berlin_Freeper
3
posted on
10/25/2015 3:41:24 PM PDT
by
FatherofFive
(Islam is evil and must be eradicated)
To: Berlin_Freeper
Good! Let them drink it !
4
posted on
10/25/2015 3:44:11 PM PDT
by
Renegade
To: Berlin_Freeper
Did they know US is already out of money? No concern here
5
posted on
10/25/2015 3:44:22 PM PDT
by
4rcane
To: Berlin_Freeper
Maybe they can make 100 years if they stop funding terrorism?
6
posted on
10/25/2015 3:45:33 PM PDT
by
null and void
(We are AmeriCANs. We CAN reclaim our freedoms and property, if we choose.)
To: FatherofFive
But it gets better. They are also preparing for a sunni-shiite war. All their money will go to weapons, and when they are used, will leave the region devastated, with no money to rebuild.
To: 4rcane
Yes, I think we’re way ahead of them.
Welcome to the party, boys.
Of course, they’ve been grooming hundreds of thousands of terrorists right on their own soil.
Hope they don’t phone for sympathy when the chickens come home to roost.
8
posted on
10/25/2015 3:45:56 PM PDT
by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: Berlin_Freeper
The United States ran out of cash about thirty years ago.
9
posted on
10/25/2015 3:46:36 PM PDT
by
stevem
To: Berlin_Freeper
10
posted on
10/25/2015 3:46:44 PM PDT
by
TexasFreeper2009
(You can't spell Hillary without using the letters L, I, A, & R)
To: Vince Ferrer
That’s not a problem for them. Some liberal American president will go build it all back for them, while borrowing money from China, or Japan, or who knows where. Maybe he’ll just print the money to rebuild the middle east.... That would be my guess.
11
posted on
10/25/2015 3:47:18 PM PDT
by
kjam22
To: Berlin_Freeper
No more gold-plated Bentleys for the oily sand naggers. Ha-ha!
12
posted on
10/25/2015 3:50:48 PM PDT
by
W.
(I piss fire and acid upon the militant muslims as they pray to their baby-raping god!)
To: Berlin_Freeper
Does that mean a Lexus instead of a Bentley? Or a G6 instead of a Dreamliner? There’s a relative handful of people there. It’s rather impossible for them to run out of cash even if they pave the desert in chrome with the cash they have.
13
posted on
10/25/2015 3:52:12 PM PDT
by
Norm Lenhart
(Embrace "Existential Cage Theory")
To: Berlin_Freeper
Unfortunately oil isn’t going to stay at $50 a barrel or below for the next five years.
To: Berlin_Freeper
I’ll believe they are in a financial crunch when they start sending maids and drivers home, cleaning their own homes and driving their own wives.
15
posted on
10/25/2015 3:55:37 PM PDT
by
tbw2
To: Berlin_Freeper
Maybe I can pick up a pair of gold-plated 1911s cheap at the fire sale!
16
posted on
10/25/2015 3:57:31 PM PDT
by
VanShuyten
("a shadow...draped nobly in the folds of a gorgeous eloquence.")
To: Berlin_Freeper
My dream of owning a Chrome-plated Lamborghini may just come true after all!
17
posted on
10/25/2015 3:58:51 PM PDT
by
Trailerpark Badass
(There should be a whole lot more going on than throwing bleach, said one woman.)
To: Berlin_Freeper
Then what will the hijra look like?
18
posted on
10/25/2015 4:14:05 PM PDT
by
Eccl 10:2
(Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding")
To: Berlin_Freeper
No worries. The United States Douche in Chief will give them whatever they want, courtesy of you and me.
Watch and see.
To: Berlin_Freeper
Let them eat sand.
They have done nothing good with their energy dollars windfall.
20
posted on
10/25/2015 4:25:17 PM PDT
by
Bon mots
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