Capital Flows Out of Saudi Arabia

Ouch.

These measures — add to them now the spat with Canada — indicate that the state favors regime stability and consolidation over the rule of law, and the creation of institutions and regulations that can check the state.

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Most 2nd year business undergrads have could figure this one out. So, where did MBA get his education anyway? The consultants that sold 2030 are tailors to make anything Hans Christian Anderson came up with blush. Oh my did a few high end firms sell their integrity.

The ho ho ho fraud clean up at the Ritz scared Saudi money out of the country, and forget about attracting foreign investment. The biggest losers are the rank and file citizens.

Job 1 is always keep the House of Saud in power, and now a more consolidated House of Saud. But the pay-off, buy the peace for the general population game is hitting an end game; the population has grown to much, and individual consumption levels as well. The drivers behind 2030 are correct, but the fix is pie in the sky. Right idea, woeful execution.

Oil will be pumped, regardless.

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On 8/17/2018 at 11:16 AM, Tom Kirkman said:

Ouch.

These measures — add to them now the spat with Canada — indicate that the state favors regime stability and consolidation over the rule of law, and the creation of institutions and regulations that can check the state.

Nothing has changed there - its the same barbaric 6th Century poo hole. Rumours are circulating that they have just executed this woman (a Shia rights campaigner (not a Terrorist or Criminal) 

http://www.en.syria-scope.com/political-news/85460

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