Saif al-Arab
BANNED
- Joined
- Mar 26, 2015
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I pray and every Iraqi, Syrian and Yemenis we all pray for full and fast collapse.
Oh Allah please show us your anger and revenge soon.
Keep dreaming Mullah boy. Also don't talk in the names of our Syrian, Yemeni and Iraqi brothers and sisters. Not everyone in those 3 countries is a Farsi Mullah worshipper or wearing one-sided glasses. In fact you belong to a tiny minority. Or unable to distinguish between the policies of a few members of an unelected regime and almost 25 million locals.
I can't find this news in any Saudi Arabian or Arab news outlet.
Also this news makes zero sense. I will tell you why that is.
KSA (GCC as a whole too) along with China are the main "trade surplus" nations in the world, and also amongst the world's largest creditor nations.
In fact KSA has the best account balance in the world along with China.
List of sovereign states by current account balance - Wikipedia, the free encyclopedia
Not only that KSA and the GCC have sovereign wealth funds that are worth over 3 TRILLION dollars as of 2015. Let alone all the assets they own abroad, including all the hundreds of investments in various fields throughout the ages on all continents.
Sovereign Wealth Funds Rise & Shine in the GCC (Wealth Worth over USD 3 trillion)
Not only that KSA's oil is the easiest to extract in the world, has the best quality and KSA unlike several other oil and gas producing countries has a small local consumer base, meaning much more oil can be exported.
Not only that the reserves are enormous (few drilling elsewhere have been made and much of KSA is still unexplored, after all it's the 13th biggest country on the planet) and KSA has huge reserves of shale gas and oil.
Aside from arguably one of the biggest potential in terms of alternative energy, mainly solar and wind energy.
KSA taps the sun to meet a third of its energy needs
KSA's economy is also becoming less and less dependent on oil and gas for each year that goes by and the diversification is an ongoing process.
Oh, did I mention that KSA is a G-20 Major Economy Member State and has one of the highest GDP per capita and living standards in the world?
G-20 major economies - Wikipedia, the free encyclopedia
List of countries by GDP (nominal) per capita - Wikipedia, the free encyclopedia
List of countries by GDP (PPP) per capita - Wikipedia, the free encyclopedia
In short KSA is one of the best equipped country's in the world to withstand low oil prices but I will let all the "PDF experts" pretend that KSA is facing a Grexit if that makes them happy.
The reality is that KSA (along with the GCC) is becoming stronger for each year and that is likely not to change at all.
Combined our GDP (nominal) is almost 2 trillion dollars which if 1 country would make us one of the 10 biggest economies in the world.
Having said that economic reforms are necessary as almost zero taxation is not going to work on the long run and the economic market in KSA should also be liberalized and the privatization should increase as well.
News such as the one below is a step forward for instance.
http://www.ft.com/intl/cms/s/0/a82a686a-129d-11e5-bcc2-00144feabdc0.html
So much unfulfileld potential in short.
Anyway read my post 71 and then start praying.
If I were you, I would start praying for peace to finally arrive in Iraq and for Iraqis to be able to live in peace and not kill each other like it has been the case for well over 3 decades.
After you do such a basic thing you can start dreaming about everything else. Including those deluded dreams that somehow involve KSA.
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