Kraut
@kraut_the_parrot·603K subscribers·64 videos
Why Saudi Arabia is doomed
Posted
August 22, 2022
Views
1,674,921
Likes
66,397
Comments
5,615
Engagement
4.30%
August 22, 2022
1,674,921
66,397
5,615
4.30%
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Saudi Arabia may seem to many of us to be a country with a golden future. A country with enormous reserves of wealth, collected from almost a century of trading in oil and holding a monopoly on the world's hydrocarbon market. BUT... I would argue that the enormous economic power the Saudis built on the hydrocarbon market has doomed their country, as well as those of their neighbors in Qatar or the UAE. The holding of such a monopoly stagnated political development and therefore left these countries in a position of being ill-prepared for a world after oil. To showcase this, I will however take you to a different place first. The Congo
Why Nations Fail by Darren Acemoglu and James Robinson
A world History of Slavery by Milton Meltzer
Conquerors by Roger Crowly
Impromptu no. 4 in A flat major, D. 899
Preludes, Op. 28 - No. 15 'Raindrop'
Ballade no. 1 in G minor, Op. 23
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