IMF: Four Things You Need to Know about Saudi Arabia’s Economy (Video)

[BLACKEAGLE]

 

[That Guy]

A basic but good explanation about KSA's current economic situation.

 

[C130]

it's sad day when the rich Saud doesn't have enough spare cash to buy that extra Lambo or Bugatti


Islamic Republic of Saudi Arabia must keep the King and his family awake at night.

 

[Azadkashmir]

no saudi king sleeps very well but sometim captured syrian concubines wake him up. but average saudi is struggling to buy bread.

 

[BLACKEAGLE]

no saudi king sleeps very well but sometim captured syrian concubines wake him up. but average saudi is struggling to buy bread.

Saudis don't even think about affording food. Think of food for Saudis the same way you think of air.

 

[Azadkashmir]

Saudis don't even think about affording food. Think of food for Saudis the same way you think of air.

yes true but they arnt hard working type. if oil drops they feel it quickly.

 

[BLACKEAGLE]

yes true but they arnt hard working type. if oil drops they feel it quickly.

They have 635$ bn as reserves and they have the lowest debt to GDP in the world, 5%. So they can either borrow a lot of money with low rate interest or dig into their reserves. They have started economic reforms. Afterall, oil prices drop is mainly because of Saudi Arabia for several reasons.

 

[Azadkashmir]

They have 635$ bn as reserves and they have the lowest debt to GDP in the world, 5%. So they can either borrow a lot of money with low rate interest or dig into their reserves. They have started economic reforms. Afterall, oil prices drop is mainly because of Saudi Arabia for several reasons.

interest/usury in islam lolz, you gotta love saudis for thier treachery.

 

[somebozo]

Over all the video says..Saudi has no shortage of cash or liquidity...and it needs to keep boosting private industrialization to create employment and disposable income to keep the cycle of buy and sell going..

no saudi king sleeps very well but sometim captured syrian concubines wake him up. but average saudi is struggling to buy bread.

I have been in Saudi for thirty years..the Saudis will have money even if the oil goes down to $10.

 

[Azadkashmir]

Over all the video says..Saudi has no shortage of cash or liquidity...and it needs to keep boosting private industrialization to create employment and disposable income to keep the cycle of buy and sell going..



I have been in Saudi for thirty years..the Saudis will have money even if the oil goes down to $10.

if dollar collaspe bye to paper but it be gold and silver, saudis people will get by cos they also have lots of gold under the sand but not luxury as before. but monarchy i belive will disapear. you do know we have hadiths taking about nuclear warfare. no more modern technology. ride horse n sword. israel does have chemical/biological weapens if i were a saudi get gas mask/ survival prepper investment. mad max perfect for saudis after all the movie is based in the desert.