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Yes, citizens of those countries becoming poorer because you disagree with the politics of their leaders is good news.
by jsjddbbwj 7y ago
Yes, citizens of those countries becoming poorer because you disagree with the politics of their leaders is good news.
- praptak 7y agoThat money didn't go to the citizens anyway.
- sanid 7y agoNot as a check. Because of the continuous stream of oil money in KSA, it has been possible to grant subsidies on goods or handouts to people. Even not collecting any VAT on good or if so a rather low VAT. When you are losing a lot of your income as a state, you can't really keep that standard up. I suggest reading this, it's an older article, but the circumstances are the same: https://www.businessinsider.com/saudi-arabian-social-contract-unsustainable-2017-11?r=DE&IR=T https://www.businessinsider.com/saudi-arabian-social-contrac...
- legolas2412 7y agoBut far more people have a better life because the oil cartel isn't United anymore. Cheap oil is better for billions of people in India, China, and Africa