Mother of all future funds

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

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  1. JDP1

    JDP1 Well-Known Member

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    JDP1, 2nd Apr, 2016
    #1
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  2. datto

    datto Well-Known Member

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    Wow. That's big.
     
    datto, 2nd Apr, 2016
    #2
  3. willair

    willair Well-Known Member Premium Member

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    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..
     
    willair, 2nd Apr, 2016
    #3
  4. LibGS

    LibGS Well-Known Member

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    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
     
    LibGS, 2nd Apr, 2016
    #4
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