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As The Saudi Economy Implodes, A Fascinating Solution Emerges
Thursday, January 7, 2016 13:35
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SAUDI ARABIA is thinking about listing shares in Saudi Aramco, the state-owned company that is the world’s biggest oil producer and almost certainly the world’s most valuable company.
Muhammad bin Salman, the kingdom’s deputy crown prince and power behind the throne of his father, King Salman, has told The Economist that a decision will be taken in the next few months. “Personally I’m enthusiastic about this step,” he said. “I believe it is in the interest of the Saudi market, and it is in the interest of Aramco.” …. http://www.zerohedge.com
Source: http://luismmx.blogspot.com/2016/01/as-saudi-economy-implodes-fascinating.html
What BS
Kiss the petro dollar good bye, and your country if you’re American.