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re: Saudi posts record $98 bn deficit in 2015
Posted on 12/28/15 at 2:29 pm to stevengtiger
Posted on 12/28/15 at 2:29 pm to stevengtiger
quote:
Exactly. They can run a deficit without borrowing money and paying interest for at least another 4-5 years. They are currently doing what they wanted to do.
This is true but the question really is will they continue or actually how much longer are they willing to continue? 30 oil is going to hurt everyone with possible 20 not far away. It is going to be some interesting times ahead for all.
Posted on 12/28/15 at 2:31 pm to Martini
The whores and drug dealers in Beverly Hills will not be please to hear this.
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