Saudi plan new $500 billion city!

[Thegoodshepherd]

Their stupidity knows no bounds. They are spending down their SWF on boondoggles like this. Saudi Arabia will collapse not because of lower oil proces but because of the shortsightedness of the leadership.

https://www.bloomberg.com/news/arti...-build-new-mega-city-on-country-s-north-coast

 

[BenInHer]

they will collapse by turning islam "moderate" in the kindgom... they made a deal that the saudis will run the country affairs and the wahhabis will run the religious affairs.. can't seeing the wahhabis to be more tolerate, this will cause an uprising and possible a civil war.. i've always said these people are "new" money, worrying about today and not tomorrow.

 

[Deactivated]

Somalia get to sit back and watch the world make mistakes at thier own expense.

Absorb as many mistakes and solutions as possible if you plan on focusing on a niche in the near future.

If our country didn’t have a war, we would dhaabodhif our economy off a cliff.

 

[Descendent-Of-Fiqi]

Why do these oil rich states always waste money on cities people don't live in and skyscrapers.Why not invest in domestic industry,transport, fibre optic cables etc. Its like this people are in power to funnel money away to foreigners through arms contracts and construction ventures. Wait a minute.........

 

[Thegoodshepherd]

http://discoverneom.com

Artificial intelligence hub? Ok how many computer scientists has your country trained over the last 40 years? How many Saudis are possibly qualified for the positions advertised?

They are spending the resources of the people on providing a playground for the elite of the developed world. New sewage system for Jeddah so shit does not float in the streets when it rains? No, we will build a maglev train in the middle of the desert.

 

[BenInHer]

its because they didn't earn these position of ranks.. a person who is head of transportation is the brother of the kings cousin nephew second wife.