Saudi Arabia’s Financial Woes Mean It’s Squeezing Cash Cow Aramco

Sure they do – what choice have they got? Even a country like Saudi Arabia can run a Ponzi scheme only for a while until it starts to produce serious repercussions. Understand that sophisticated financial tricks made virtually any economy a Ponzi scheme and money fuels it. The more money there is around, the bigger the incentive to use sophisticated tricks to make the pile appear even bigger. Because there is only one thing bigger than Saudi Arabia’s oil reserves. Humans thirst for more. And inflating big stashes is an ancient business.

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