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Mother of all future funds

Discussion in 'Living Room' started by JDP1, 2nd Apr, 2016.

  1. JDP1

    JDP1 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    2,839
    Location:
    Brisbane
    BigKahuna likes this.
  2. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,394
    Location:
    Mt Druuiitt
    Wow. That's big.
     
  3. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    1,714
    Location:
    Brisbane..
    Quote..
    “It is clear Saudi Arabia needs to reform, diversify, and re-energize its economy, but this will involve more than just increasing investments in non-oil industries,” said Paul Sullivan, a professor of security studies at Georgetown University in Washington. “One cannot order economic reforms like a multiple course dinner.”

    They know full well what the next ten years will bring,and what's coming maybe it's too late..
     
  4. LibGS

    LibGS Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    616
    Location:
    Melbourne, Australia
    They are hoping some other sucker buys the oil rights/fields, because in time (15-20 years) they will in time become stranded assets.

    "Between 60-80% of coal, oil and gas reserves of publicly listed companies are ‘unburnable’ if the world is to have a chance of not exceeding global warming of 2°C."

    Wasted capital and Stranded Assets