RE:RE:Saudi Arabiam8magic wrote: but they had a 750 billion dollar bank account....less the losses you indicate..
Their reserves are about $670b now. Seems to me this first budget of the new king is a Thatcherite austerity budget aimed at weaning the population off subsidies. Just like Thatcher had Falklands these guys have Yemen to pay for as well. I have a feeling that Thatcher's 'scorched earth' wont work well on parched land.