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Looming bankruptcy of saudi arabia

Chalanachithram.com DB » New TF Industry Related » Archive through August 10, 2015 » Looming bankruptcy of saudi arabia « Previous Next »
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Gringo
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Posted on Saturday, August 08, 2015 - 04:23 pm:       

Read Stratfor's prediction for the coming decade.

https://www.stratfor.com/forecast/decade-forecast-2015-2025

http://www.businessinsider.com/stratfor-has-11-chilling-pred ictions-for-what-the-world-will-look-like-a-decade-from-now- 2015-6
 

Bluelagoon
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Posted on Saturday, August 08, 2015 - 04:15 pm:       

Money began to leak out of Saudi Arabia after the Arab Spring, with net capital outflows reaching 8pc of GDP annually even before the oil price crash. The country has since been burning through its foreign reserves at a vertiginous pace.

The reserves peaked at $737bn in August of 2014. They dropped to $672 in May. At current prices they are falling by at least $12bn a month.
12 billion dollar per month karigi pothunnayi ata foreign reseves .ante with in 5 years zero avuthaayi from existing 670 nunchi}}
 

Bluelagoon
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Posted on Saturday, August 08, 2015 - 04:12 pm:       

Far from retrenching, King Salman is spraying money around, giving away $32bn in a coronation bonus for all workers and pensioners.

He has launched a costly war against the Houthis in Yemen and is engaged in a massive military build-up - entirely reliant on imported weapons - that will propel Saudi Arabia to fifth place in the world defence ranking.

The Saudi royal family is leading the Sunni cause against a resurgent Iran, battling for dominance in a bitter struggle between Sunni and Shia across the Middle East. "Right now, the Saudis have only one thing on their mind and that is the Iranians. They have a very serious problem. Iranian proxies are running Yemen, Syria, Iraq, and Lebanon," said Jim Woolsey, the former head of the US Central Intelligence Agency.
chethullo dabbulu leka poyina fiscal deficit 20% unna saudhi raju vicchala viid gaa karsu pedutunnadu malla SUNNI SHIA politics lo velu pettatam ,malal defence line up lo top 5 endhi vayay idhi}}
 

Bluelagoon
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Posted on Saturday, August 08, 2015 - 04:08 pm:       

Citizens pay no tax on income, interest, or stock dividends. Subsidized petrol costs twelve cents a litre at the pump. Electricity is given away for 1.3 cents a kilowatt-hour. Spending on patronage exploded after the Arab Spring as the kingdom sought to smother dissent.

The International Monetary Fund estimates that the budget deficit will reach 20pc of GDP this year, or roughly $140bn. The 'fiscal break-even price' is $106.


some one said 500 billion dollars unanyi saudhi daggara ani but with 140 billion budget deficit every yr s they say saudhi will come in to existential crisis in 5 years with absolutely zeo amount of foreign reseves

their budget deficit is 20% of GDP WAY TOO MUCH fiscal deficit 5% ayitehen alalduthunnam manam inka 20% ante ready to collapse
}}
 

Tilak
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Posted on Saturday, August 08, 2015 - 03:57 pm:       


Masularex:

kada ?


I hope you pull out that post of mine and post it here .. rest of the sodhi naaku anavasaram ..
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Masularex
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Posted on Saturday, August 08, 2015 - 03:48 pm:       


Tilak:

LOL @ your blabber .. vishayam matladakunda vyasaalu raastunnav .. GN


maniddaram only vishayam meede matlode vollom ayithe ila dblu patti enduku thiruguthaam ?

non relevant talk ani pettagaa ? ignore seylsindi... kaani bujala neppi... kada ?
 

Tilak
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Posted on Saturday, August 08, 2015 - 03:38 pm:       


Masularex:

edo adanga mattladaanu ani you better die ani thittev oka saari...


really? pull out that post .. shame me now ..

Masularex:

we know how handle fascists... some times they are necessary evils... most of the times they are just plain monkeys !


LOL @ your blabber .. vishayam matladakunda vyasaalu raastunnav .. GN
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Theaviator
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Posted on Saturday, August 08, 2015 - 03:34 pm:       

This article is more detailed.. Bankruptcy may far from reality, they clintch deal with Russia
But OPEC cartel is unofficially dead.. Good for the world

Already low prices taking US junk shale companies to bankruptcy.. Too early to judge the winner, US hasn't yet shipped a drop of Gas/Liquid outside US. Clarity will come only after 2020 when major export projects in US get ready

But Saudis will die a natural death due to Arab feud..
http://www.telegraph.co.uk/finance/oilprices/11768136/Saudi- Arabia-may-go-broke-before-the-US-oil-industry-buckles.html
 

Masularex
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Posted on Saturday, August 08, 2015 - 03:22 pm:       


Tilak:

inthaku .. ippudu nicker walas evaru ee thed lo? evariki nee bala-balaala gnana bodha?


nuvu gummadi kaayalu mostannavaa ? bujalu neppodithinnaya ? ledu kada ? mari deniki neevu paining ? ardam ayyovodki ardham avuddi !


Tilak:

nuvvu inthaku mundu kuda nicker walas .. sanghis gurinchi chaala nasty ga matladina .. eppudu mata toolindi ledu ..


hehe...mee tasty naasty mundu maadentha guru ?

edo adanga mattladaanu ani you better die ani thittev oka saari... true des bakths ante emotional n short of memory...

non relevant talk...

kothulu chelo padi senakkayalu korikesinaa meemu pattinchu komu... pillalu meeda padi korikisthe appudu thappadu...

appudu dhaaka kothulu vaatide raajyam anukuntai... oka tapa kay mogithe malli pattha undav...

we know how handle fascists... some times they are necessary evils... most of the times they are just plain monkeys !
 

Tilak
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Posted on Saturday, August 08, 2015 - 02:17 pm:       


Masularex:

personal deniki ?


ninnu personal ga enduku anta bedaru .. nuvvu inthaku mundu kuda nicker walas .. sanghis gurinchi chaala nasty ga matladina .. eppudu mata toolindi ledu .. nenu antunnadi .. colloquial usage prakaram anthe .. "emi ra saami" ani ..

inthaku .. ippudu nicker walas evaru ee thed lo? evariki nee bala-balaala gnana bodha?
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Masularex
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Posted on Saturday, August 08, 2015 - 02:13 pm:       


Tilak:

nuvvu edchina edupu lo ne ardam ledu ra saami anukunte .. malli daaniki .. "nicker walas" ani chusi .. inko iddaru asaamul stars esaaru .. lol ..


raa gaa deniki ? asala matter enti ? asala unda ?

personal deniki ?

akkada mudu vunnai... inko iddaru ante migilina okaru nena ? naa posts nene stars guddukune db junior ni kaadu nenu...
 

Tilak
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Posted on Saturday, August 08, 2015 - 01:53 pm:       


Masularex:

nicker walas general understanding... n financial understanding in particular... ilaaga untadi !


nuvvu edchina edupu lo ne ardam ledu ra saami anukunte .. malli daaniki .. "nicker walas" ani chusi .. inko iddaru asaamul stars esaaru .. lol ..

nicker walas ni chuste baaga ibbandi ga untundemo .. ROFL
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Masularex
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Posted on Saturday, August 08, 2015 - 12:18 pm:       

nicker walas general understanding... n financial understanding in particular... ilaaga untadi !

ram mandir meeda concentrate cheyandi veelaithe... next ade manki migile nicker cheddi...

world financial issues laanti baari budget projects rajamouli rgv ki vadileyandi !

tim worstall thoka pattukoni godaari kaadu budameru kuda yeedatam kastam !

know your opponent's strength, don't bloat !
 

Asdf
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Posted on Saturday, August 08, 2015 - 12:08 pm:       


Telugu_times:

pakistan, afganistan and africa lo oil ledhu, choosthuney unnaam gaa, yela unnaaro?




saudi/uae oil phenomenon ki mundu pak ki vache vallu kontha mandi for livelihood. they had a dept to look after them ani vinna. not sure if true
 

Tilak
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Posted on Saturday, August 08, 2015 - 12:06 pm:       

racha racha leputaru edhavalu .. better ilage inkonnallu continue avvali .. aina India/China grow avutunnanta kaalam .. Saudi/UAE la ki petro dollars market valla vachina dhoka leda ..
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Inquisitive
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Posted on Saturday, August 08, 2015 - 10:01 am:       


Bluelagoon:



All that the author said about fracking and oil prices seems reasonable but he missed a crucial point: Saudi has an extremely low debt to GDP ratio. Their foreign reserves are huge. How can such a country go bankrupt in such a short period of time? Their budget is in deficit mainly because it is one of the world's most generous welfare states (unemployment benefits, free health care, 0% income tax etc.)
Rather than bankruptcy, I fear instability/rebellion once the government starts cutting back on welfare and is forced to take some unpopular measures such as imposing taxes. Democratic countries like India are far better equipped to face downturns because the people express their anger by voting out the incumbent government and then the anger cools down at least until they start building anger on the next incumbent. Saudi lanti monarchies, China lanti single party governments unnappudu they're in a constant threat of rebellion. That's why they try to censor media and curb freedom of expression by jailing people.
"Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963
 

Blundersucks
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Posted on Saturday, August 08, 2015 - 09:57 am:       

750 billion dollars forex reserves unnayi SA ki.. Vaallaki oil production ki barrel 10 dollars padutundi.. Oil prices taggadam valana veellaki laabham takkuva kaani diwala teese situation lo leru.. Kakapothe fiscal management and budget management konchem careful gaa untaaru.. Ishtam vachinatlu money spend cheyakapovachu future lo..
ee desa charitra choosina emunnadi garva karanam, Nara jaathi charitra samstam , parapeedana parayanatvaM
 

Gringo
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Posted on Saturday, August 08, 2015 - 08:36 am:       

G balupu ee goat ,towelheads ki

http://www.huffingtonpost.com/entry/video-bahrain-slap-migra nt-worker_55c39579e4b0d9b743db340a

http://www.bbc.com/news/blogs-trending-33783862
 

Telugu_times
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Posted on Saturday, August 08, 2015 - 08:31 am:       


Ignore spam.
 

Telugu_times
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Posted on Saturday, August 08, 2015 - 08:30 am:       

pakistan, afganistan and africa lo oil ledhu, choosthuney unnaam gaa, yela unnaaro?
Ignore spam.
 

Masularex
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Posted on Saturday, August 08, 2015 - 08:30 am:       

ippatlo avadu... sa can sell 15$ per barrel still make it out... kalalu kanatam maaneyandi !
 

Sodi
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Posted on Saturday, August 08, 2015 - 07:23 am:       

its way too early
they have a huge amount in reserves and too much oil in the ground
the gas prices have to be at this level for atleast another 5 yeras which is a very looong time
 

Abhysg
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Posted on Saturday, August 08, 2015 - 06:59 am:       

Oka rakam GA soosthe oil valla migata prapancham konchem prashantam GA unnattu..lekunte EE nayallu e desham meeda padtaroo..

Diwala teeste akul kool...sana balupu EE nayallaku..

Migata gulf emo kaani SA bagane wise GA invest sesindi rest of the world lo
Elagoo religious tourism undi...happy GA 4pellalu 8ontelu..25pillalu..
 

Bluelagoon
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Posted on Saturday, August 08, 2015 - 05:41 am:       

“The problem for the Saudis is that US shale frackers are not high-cost. They are mostly mid-cost, and as I reported from the CERAWeek energy forum in Houston, experts at IHS think shale companies may be able to shave those costs by 45pc this year – and not only by switching tactically to high-yielding wells.
Advanced pad drilling techniques allow frackers to launch five or ten wells in different directions from the same site. Smart drill-bits with computer chips can seek out cracks in the rock. New dissolvable plugs promise to save $300,000 a well. “We’ve driven down drilling costs by 50pc, and we can see another 30pc ahead,” said John Hess HES -0.18%, head of the Hess Corporation.
It was the same story from Scott Sheffield, head of Pioneer Natural Resources PXD -1.83%. “We have just drilled an 18,000 ft well in 16 days in the Permian Basin. Last year it took 30 days,” he said.


 

Bluelagoon
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Posted on Saturday, August 08, 2015 - 05:32 am:       

http://www.forbes.com/sites/timworstall/2015/08/06/the-loomi ng-bankruptcy-of-saudi-arabia/

fracking has changed every thing .kudos to new technology

it made oil production a manufacturing business which used to be resource extraction business

middle east desams sanka naaithe manchidha bad aa?? arab shek gaallaki ki rod padithe ela untadhi ??

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