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re: Saudi posts record $98 bn deficit in 2015
Posted on 12/28/15 at 2:51 pm to Dire Wolf
Posted on 12/28/15 at 2:51 pm to Dire Wolf
quote:
Saudi posts record $98 bn deficit in 2015
That's probably their defense budget for 2015. They spent $80 billion last year which was a 17% increase over 2013. And you know where all that money is going.
1
Posted on 12/28/15 at 3:01 pm to colorchangintiger
Oil is down becaus of Saudis, oil is down because the US has flooded the market. Saudi has produced roughly the same amount over the last decade. The US has has sky rocketed production and hasn't stopped hardly any.
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