Quote:
Originally Posted by saltwn
even they can see oil is not a given and archaic kingships must die
bully for them
but our current economic advisers are stupid
Robert Reich may help if we send him over 
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The Kingdom must indeed diversify economically ... the current low price for benchmark crude is not going to change significantly for the better anytime soon.
It is also apparent that the House of Saud leadership is moribund and younger princes must ascend if Saudi royalty is to survive and strengthen its increasingly tenuous grip on power. The tensions between Wahabbism and modernity are frothing just below the surface as are increasing tensions between the Saudi rich/poor and Saudis/foreign workers.