Why Saudi Arabia is doomed
Go check out Ground News at https://ground.news/kraut
►You can support my channel on Patreon here: / kraut_and_tea
►You can also support me on PayPal here: https://www.paypal.me/KrautandTea
►You can support me on ko-fi here: https://ko-fi.com/kraut
►You can follow my twitter here: / der_parrot
►You can also follow me on Instagram here: / el_kraut
►You can discuss this video on my subreddit: / kraut
►You can follow and watch me on twitch here: / der_parrot
►You can join my community, give feedback and talk to me here: http://derserver.xyz/
Saudi Arabia may seem to many of us to be a country with a golden future. A country with enormous reserves of wealth, collected from almost a century of trading in oil and holding a monopoly on the world's hydrocarbon market. BUT... I would argue that the enormous economic power the Saudis built on the hydrocarbon market has doomed their country, as well as those of their neighbors in Qatar or the UAE. The holding of such a monopoly stagnated political development and therefore left these countries in a position of being ill-prepared for a world after oil. To showcase this, I will however take you to a different place first. The Congo
Why Nations Fail by Darren Acemoglu and James Robinson
A world History of Slavery by Milton Meltzer
Conquerors by Roger Crowly
Impromptu no. 4 in A flat major, D. 899
Preludes, Op. 28 - No. 15 'Raindrop'
Ballade no. 1 in G minor, Op. 23
You might be interested in this video too: • The Origins of the Greek debt crisis
Thank you again, and don't forget to subscribe to watch more.
Watch video Why Saudi Arabia is doomed online without registration, duration hours minute second in high quality. This video was added by user Kraut 22 August 2022, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,602,17 once and liked it 65 thousand people.