For the longest i've wondered why everyone said this to insult arrogant arabs but only in the past 3 years did i realise that most arab countries managed their oil profits in a poor manner. Not only have they had more than 30 yrs to build an economy like Norway did when they cleverly invested their oil profits to diversify their economy, but it seems that even now they still lack the mental capacity to swiftly move over from their dependence on oil to a more sustainable fuel and energy source.
Are Arabs really that stupid? what will happen to them when their oil profits stop rolling in?
Are Arabs really that stupid? what will happen to them when their oil profits stop rolling in?