Read the Slaughter-House Case, coming in Oil?
Even the Saudi's are diversifying their economy, moving away from the free stuff mentality. Deputy Crown Prince Salmen, the 30 year old son of King Salmen, says by 2020, well be able to live without oil. The young visionary named the project Saudi Vision 2030, for those not blinded by the cheap oil coming soon to a market near you, with the public sale of 5% of Saudi Armco. The ruling monarchy, that has spent like drunken sailors for decades, estimating the company value between 2 and 3 Trillion dollars. More valuable than Apple, Microsoft, Berkshire Hathaway and Alphabet combined. The Prince has announced opening the market in Saudi Armco and that 5% would bring in Billions, "...the most important of which is in the American market, to trade in Aramco." Saudi Arabia's Public Investment Fund would dwarf the current model in Norway, with assets there of about $825 Billion, according to the Sovereign Wealth Fund Institute. Get out of oil.