3 ms·
Maybe "oil losing its value" isn't as big a deal for the rest of the world but the other 3 are definitely issues on a global scale.
by nacs 7y ago
Maybe "oil losing its value" isn't as big a deal for the rest of the world but the other 3 are definitely issues on a global scale.
- flyinglizard 7y agoFor the Middle East it's the biggest issue though, because the others could be solved, or at least alleviated, with money. But Middle Eastern economies heavily rely on oil (90% of Saudi exports, 94% of Iraqi exports, 72% of Iranian exports, etc). Take that money out and this entire house of cards comes down.