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Still, they're certainly doing better than many other oil-rich nations.

• ars 10y ago
  That's true, but it's not exactly a high bar. They gets lots of credit for being aware of the problem, but less credit for thinking they are doing better than they actually are. It's too bad oil will be worth less eventually - otherwise they could just force themself to leave it in the ground, but the way things are going they had best convert it to cash as soon as possible. It makes me wonder if it's economically long-term better for them to pretend not to have oil and develop their economy, vs. selling the oil. Long term, which will give them more total cash?