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October 26, 2015 06:42 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/0Xr7Sy-sPcw/imf-cheap-oil-will-bankrupt-t.html
IMF: Cheap oil will bankrupt the Saudis in five years
If oil stays below $50 a barrel for five years, the Saudis' cash reserve will be exhausted, and with it will also go the social stability that lavish spending for the Saudi elites brings. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/0Xr7Sy-sPcw/imf-cheap-oil-will-bankrupt-t.html
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