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Because the Saudis have a ton of money to spend; more than they can spend locally.
by dogma1138 7y ago
Because the Saudis have a ton of money to spend; more than they can spend locally.
- tw1010 7y agoWhat a weird theory.
- bobthepanda 7y agoHow is it strange? Spending all that money locally (and they try very hard to with welfare schemes and building new cities like Kingdom City and whatnot) will just spike inflation, since the economy can only use money so quickly. It's what happened to the Spanish when they destroyed their economy by mining all that colonial gold and silver. https://www.britannica.com/topic/history-of-Europe/Prices-and-inflation https://www.britannica.com/topic/history-of-Europe/Prices-an...
- jraines 7y ago“The Arabs have taken billions of dollars out of this country, and now they must put it back! It is ebb and flow, tidal gravity! It is ecological balance!” Arthur Jensen, NETWORK (1976)
- catacombs 7y agoGreat movie. Great play.