Wuh-oh, Saudi Arabia Needs multi BILLION Dollar Loan

[WhatInThe]

Wuh-oh, Saudi Arabia one of the richest countries on the planet is about to use their high limit credit card shall we say for the first time in 10 years asking for 6-8 BILLION DOLLARS in loans.

http://www.reuters.com/article/us-saudi-loan-idUSKCN0WB0K1

 

[Debby]

Well isn't that something. I'll bet this is so that they can continue to overproduce oil so that they can continue to starve the competition out of existence instead of cutting back so that oil prices can find their natural level according to the market. The intention is to kill the fossil fuel industries of other countries so that they aren't even on life-support. Market manipulation?

 

[Manatee]

They should use the money that they now send to other arab countries to finance Islamic schools that teach hate.

 

[chic]

It's karma and a chance for the U.S. to get their own back. Lol.

 

[jujube]

I would say "let them pound sand".....they have plenty of that.

 

[Bobw235]

Very interesting analysis on this issue. Well worth a read. http://www.nytimes.com/2016/03/13/o...n-on-itself.html?smid=fb-nytopinion&smtyp=cur