Posted on 10/25/2015 3:38:46 PM PDT by Berlin_Freeper
If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leader Saudi Arabia as well as Oman and Bahrain.
Low oil prices will wipe out an estimated $360 billion from the region this year alone, the IMF said.
(Excerpt) Read more at money.cnn.com ...
Who will build all the mosques in the US and EU?
that means millions of dollars into the pockets of Congress to make the laws ending our oil production
and it means millions of dollars into the pockets of the aged 1960s Marxist-Alinsky campus radical, psycho spoiled brats and their ideological litter occupying buildings on the Beltway campus and making the rules.
They can always go back to wondering around in the desert fighting over water holes and wadis.
from your mouth to God’s ears !
I’d love to see oil back at $100.00 or better a barrel.
It not being there has put a whole bunch of folks out of work.
So if all these countries are “out of Money” where is it all??
Think about it, the real control behind this piece...
Interesting...
Let me quickly conduct an internal survey to calculate my rate of empathy-sympathy-concern.
Yep. It’s zero.
Back to herding goats and weaving rugs.
Don’t like free markets?
It has created work for some people and it takes a little control from Fedzilla.
Sounds good to me. I am sick of all our money going to the stinking muzzies, for them to give to terrorists to kill our people.
Back to the tents and camels.
This will put a kink in their mosque building extravaganza.
They could all just move to Germany. The word is out that there’s plenty of cash there. /snort
They are certainly not helping their fellow muslim “refugees”.
Yep!
Money doesn’t get buried in a hole, it is passed from person to person.
Excellent. Cant come soon enough. What the hell is there to spend so much money on that they will be broke in 5 years?
The U.S. government should be doing everything possible to promote long-term Islamic internecine conflict. Whether it’s Sunni vs. Shi’ite, ISIS vs. Assad, Hezbollah vs. Hamas, or Iran vs. Saudi Arabia, it works in favor of the civilized world. Sell them all the weapons they want to kill each other. Remember—every time an Islamist dies, an angel gets his wings.
Which is why they want their troublemakers and underclass in Europe and the US before then.
The world is awash in oil and I hope it continues to keep such people out of work whose livelihoods depend upon price gouging.
FReegards!
Not at all the point...
Banks typically are the repository for money
OK
Saudi Arabia and other countries put there money where??
The point is all this money has to accumulate somewhere other than where it was
go
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