2 ms·
Saudi can just borrow money to help ride things out, their debt-to-GDP is incredibly low (like 3%). That got up to 100% in the early 90s, IIRC, when government
by gabbo 11y ago
Saudi can just borrow money to help ride things out, their debt-to-GDP is incredibly low (like 3%). That got up to 100% in the early 90s, IIRC, when government revenues had been hurt by a protracted period of lower oil prices.