Economic Collapse: Russia & Saudi Arabia Dump $50 Billion!
Whilst all mainstream media eyes are on Russia and wishing and hoping for an economic collapse and default (a very laughable notion), over in Saudi Arabia the nation is in a genuine economic meltdown. Not that you would know it if your only source of news was the likes of the BBC or Washington Post. With the Saudi government having to borrowing 13% of GDP just to keep basic services running to prevent complete overthrow and with them refusing to unpeg their currency to the dollar (perhaps they’re not allowed to based on whatever secret deal they did at Bitter Lake?), workers are going unpaid for months on end.
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