Money Matters
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US markets and Saudia Arabia

edited April 2016 in Money Matters
If Obama decides to declassify 9/11 info that reportedly reveals a Saudi connection to the 9/11 attacks, then Saudia Arabia has vowed to sell off $750B in U.S. assets.

Let's set this straight...
1. A foreign nation is threatening the USA to not reveal its OWN information.
2. This foreign nation has been the USA's "ally" for a number of years yet may have had a role in 9/11.
3. Typically if someone makes a threat, they have something to hide...

Hhhhmmm

Then, a sell-off of $750B in U.S. assets would massively shake the U.S. economy. Massively. MASSIVELY.

Of course, this is all a threat. But, let's see what the markets do now that this threat has been issued.

Hang on to your panties, ladies...this could get interesting.




Re: US markets and Saudia Arabia

  • According to this article: http://www.cnn.com/2016/04/16/politics/saudi-arabia-government-9-11-congress-bill/index.html Saudi Arabia does want the information released and is instead threatening us over the 9/11 bill in Congress. Either way, yes, potentially a very tumultuous situation. Economic issues aside, it has always bugged me that we consider Saudi Arabia an ally given their atrocious human rights record. I understand the reasoning, but it doesn't sit well.
  • There was a recent Frontline on Saudi Arabia. It sounds like their economy is NOT in good shape because of low oil prices. They had been buying off people who disagreed with the leaders and now they are having trouble controlling them. I'd like to think we call them an ally because we don't want them as an enemy
  • We call them an "ally" because they have oil.  If they didn't have oil, they'd be another bombing target.
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