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Tag: Saudi Arabia

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...

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...