Remember the Saudi fantasy called NEOM?

[Shushue]

Remember the 500 billion dollar Saudi city project called NEOM?

https://en.m.wikipedia.org/wiki/Neom

How will they fund it?

The ipo of Saudi Aramco has been delayed and may not happen, they don’t want to sell it for less than it’s worth.

The anti corruption drive has led to fewer business investments, optimism is low.

The Yemen war has ruined Saudis reputation and maybe fewer want to engage with them.

Could they take 500 billion dollars of debt instead of sellling shares?

The emerging market currency crisis like in Turkey tells us about the dangers of debt when the US is raising interest rates. Spillover effects is possible.

So Saudi Arabia won’t reach the 2030 goals and that’s their faults. They’ve wasted oil money in the good years and need them now in the bad year.

Who will save Saudi Arabia?

 

[Deactivated]

Arabs are naago, they wanted to be first ever Trillion dollar valuation on IPO day and it didn’t happen. The award went to Apple and Amazon.

They are nervous shortsellers will crush their valuations.

Saudi central bank just needs to figure out how to keep the public distracted from global economic issues that will affect them.

Their stock market is down, unemployment is high and their central bank is keep interest rates low to please the public. Their welfare state will turn into Argentina

 

[Shushue]

Arabs are naago, they wanted to be first ever Trillion dollar valuation on IPO day and it didn’t happen. The award went to Apple and Amazon.

They are nervous shortsellers will crush their valuations.

Saudi central bank just needs to figure out how to keep the public distracted from global economic issues that will affect them.

Their stock market is down, unemployment is high and their central bank is keep interest rates low to please the public. Their welfare state will turn into Argentina

And the Saudi royal family are wasting money on yatchs, expensive paintings and expensive mansions in European cities when a storm is coming to them...

 

[Baki]

And the Saudi royal family are wasting money on yatchs, expensive paintings and expensive mansions in European cities when a storm is coming to them...

The storm is not only coming to them it's a world wide thing now, 2008 was a walk in the park, the next recession and it is coming will hit everyone hard

 

[Ras]

The main obstacle to their plan is the low productivity of Saudis.

Sure timojilec could pick up burden but the economy won't benefit as much as most their income will be sent abroad.

They can't impose capital controls as most the FDI would dry up instantly.

The past Saudi leadership already understood all this and were planning to leave this sinking ship as soon as they benefited all they could from it.

Wonder why no one is bringing up the 1km tall Kingdom Towers anymore?


However MBS still hasn't received the memo and thinks he could pull up the sinking ship his grandfather created.

Soon enough he'll realize how pointless it is and give up.

Saudi arabia would just end up like another shithole like Yemen.

 

[Shushue]

The main obstacle to their plan is the low productivity of Saudis.

Sure timojilec could pick up burden but the economy won't benefit as much as most their income will be sent abroad.

They can't impose capital controls as most the FDI would dry up instantly.

The past Saudi leadership already understood all this and were planning to leave this sinking ship as soon as they benefited all they could from it.

Wonder why no one is bringing up the 1km tall Kingdom Towers anymore?


However MBS still hasn't received the memo and thinks he could pull up the sinking ship his grandfather created.

Soon enough he'll realize how pointless it is and give up.

Saudi arabia would just end up like another shithole like Yemen.

Ive thought this too

He’s been buying European assets like arts to save for the day Saudi Arabia falls apart, he’s using the country as s vehicle to enrich himself quickly, same for the royals, they don’t believe the country can modernize, its highly conservative and surrounded by enemies and conflicts they can’t solve. It’s a sinking ship.

 

[Basra]

Remember the 500 billion dollar Saudi city project called NEOM?

https://en.m.wikipedia.org/wiki/Neom

How will they fund it?

The ipo of Saudi Aramco has been delayed and may not happen, they don’t want to sell it for less than it’s worth.

The anti corruption drive has led to fewer business investments, optimism is low.

The Yemen war has ruined Saudis reputation and maybe fewer want to engage with them.

Could they take 500 billion dollars of debt instead of sellling shares?

The emerging market currency crisis like in Turkey tells us about the dangers of debt when the US is raising interest rates. Spillover effects is possible.

So Saudi Arabia won’t reach the 2030 goals and that’s their faults. They’ve wasted oil money in the good years and need them now in the bad year.

Who will save Saudi Arabia?

God will save Saudi.

 

[Shushue]

God will save Saudi.

Flying Spaghetti Monster?

 

[Basra]

Flying Spaghetti Monster?

Still wondering why I am awake at this time? LOOOOOOOOOOOOOOOOOL

 

[Shushue]

Still wondering why I am awake at this time? LOOOOOOOOOOOOOOOOOL

You’re fantasizing about my dick and can’t sleep

 

[Basra]

You’re fantasizing about my dick and can’t sleep

 

[Deactivated]

And the Saudi royal family are wasting money on yatchs, expensive paintings and expensive mansions in European cities when a storm is coming to them...

The material wealth and spending is expected, but these neefs have no economy outside it oil.

Unemployment is growing and incomes are being readjusted for merit instead of entitlement.

 

[Shushue]

The ipo was stopped the crown prince father king salmon, an old man who could die tomorrow but his son will live for decades in an uncertain Saudi Arabia

 

[Baki]

The storm is not only coming to them it's a world wide thing now, 2008 was a walk in the park, the next recession and it is coming will hit everyone hard

@AussieHustler Sxb this guy is abusing the qashin rating for no reason @SOMALIKNIGHT , and when i reply back to him asking why he never replies

 

[Yaquub]

God will save Saudi.

How many times do we gotta tell you this old woman? STOP!!!BOOTY CLAPPING FOR ARABS!!!