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Tag: Saudi Arabia

From Slaughter To Wealth To Bankruptcy, by G Squared

Arabia AramcoThe history of Saudi Arabia has been from a state of tribal and family slaughter in 1932, to extreme wealth, to bankruptcy.
Saudi Aramco valued at some $12 trillion is for sale. There are no buyers. The present arrangements with Trump and Goldmans, is to offer 5% through an NYSE IPO for $2 trillion. That delivers a convenient value of $40 trillion.
But it doesn’t stop there. It’s what happens when trust is flung to the winds and the direction of the source and cause of the bankruptcy.
Now $2 trillion will theoretically be raised. But then the organisers (lead banks, managers, brokers, underwriters etc.) have to be paid. So they will receive shares for nothing, and will trade them back into the market to be bought by those screwed for the initial contrived offering.
Then the deal continues. The Saudis get $200 billion at best. Which is 10% of the float of $2 trillion. So if that’s 5% of the value of Saudi Aramco, its theoretical value of $40 trillion becomes $4 trillion. Which is just 30% of the $12 trillion estimated initial value.
But there’s more. Apart from The Saudis being screwed to buy American military junk and worthless American Treasury Bonds.
The first $2 trillion float is tied to positions being taken for $1.8 trillion in four companies. That will not only push those four players well above their real values; but will make further inside trading returns for those already positioned in the four; even further worked down.
These are the position; $526 billion in Apple, $486 billion in Alphabet (Google), $408 billion in Microsoft, and $380 billion in Exxon Mobil.
Saudi Arabia moving from camels to camels within a century; under Anglo-American ‘expert’ guidance.

G Squared

 

The new Saudi crown prince “is good news for the US”

Image result for Saudi new prince vision 2030

by Tom Rogan |

 

The ailing King Salman of Saudi Arabia has replaced Crown Prince Mohammed bin Nayef with Deputy Crown Prince Mohammed bin Salman.

The crown prince is the successor-designate to the Saudi throne.

The first thing to note, however, is that this doesn’t portend any major changes in the kingdom’s pro-U.S. sentiment. Both Mohammed bin Nayef and Mohammed bin Salman belong to the pro-U.S. wing of the House of Saud. They recognize that the U.S. government is crucial to the royal family’s long term survival.

Instead, while there’s a dynastic element to King Salman’s pick (bin Salman is his son), this appointment speaks to looming domestic reforms.

After all, just 31 years old, Mohammed bin Salman breaks the tradition of geriatric Saudi monarchs. By appointing bin Salman as crown prince, King Salman knows he’s laying a foundation for around five decades.

And under the banner of his “Vision 2030” program, bin Salman plans vast changes to Saudi Arabia’s governance, economy and society.

 Read More:
“GOOD FOR THE U.S?” OR ¬†GOOD FOR GLOBALISM? DOES ANYONE SEE THE UN 2030 AGENDA AT WORK YET AGAIN?
Vision 2030 Arab