GASMON wrote:Oil
pstarr wrote:misterno wrote:GASMON wrote:Oil
oil? Their oil is not enough to fill their budget gap yet alone for arms...
Their budget deficit is like $7-8BN per month.
What are they gonna use these arms for? The war with Yemen is miniscule. Iran?
They are going to use the weapon purchases to shore up relations with the US military . . . . industrial complex. The Saudi's need us to defend their royal butts from the Yemenese people. And their own slaves. And also from chem trails.
misterno wrote:I don’t understand where Saudis will find the money to pay for this..... where is the money coming from?
misterno wrote:I don’t understand where Saudis will find the money to pay for this. Even without this 100BN dollar deal, KSA is in the projection to go bankrupt in 5 years so where is the money coming from?
EdwinSm wrote:According to the EIA the oil export revenues for Saudi Arabia for the last few years are:-
2010 $ 229 billion
2011 $ 336 billion
2012 $ 353 billion
2013 $ 334 billion
2014 $ 297 billion
2015 $ 157 billion
2016 $ 133 billion.
Quite a drop, but still lots of money, but they must be hurting.
Link:- https://www.eia.gov/beta/international/regions-topics.cfm?RegionTopicID=OPEC, and link within page for data pre-2015
misterno wrote:Would you spend 20% of your total reserves to arms and guns when it is shrinking so fast that you will be penniless in 5 years?
Nobody with the right mind would do that
The Saudis know something that we don't or someone or some country promised something behind the doors?
Does anyone here think oil price will ever be above $100/brl which is what Saudis need to balance the budget?
I don't think so.
So what is going on here?
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