Blog

IMF Warns Saudi Arabia May Go Bankrupt by 2020

The IMF has come out and warned that Saudi Arabia may go bankrupt within the next five years if the government maintains its current spending habits. Some [...]

Read More

Oil & BIG BANG – the Government Funding Crisis on a Global Scale

Saudi Arabia pumped a record 10.564 million barrels per day in June, showing that as prices decline, a record level of production is unfolding. Governments in the [...]

Read More

Middle East Turning Net Borrowers?

Further evidence that 2015.75 is really the peak in a Massive Debt Bubble: The Middle East has always been on a cash basis as their revenues from oil exempted them [...]

Read More

Saudia Arabia Acknowledges End of Petrodollar

Saudi Arabia has announced the end of the petrodollar is upon the world by 2032 — the peak in the ECM. They now announced plans to invest by 2032 a total of [...]

Read More