Is the Oil Business Ending in SAUDI ARABIA?

Take your personal data back with Incogni! Use code ECONOMIKEN at the link below and get 60% off an annual plan: incogni.com/economiken
Big thanks to our today's sponsor, Incogni!
Check out our previous videos! ⬇️
🔴Why Do Rich Countries Face Demographic Collapse?
• Why Do Rich Countries ...
🔴This Is How Israel Became an Economic Mega-Power
• This Is How Israel Bec...
🔴Why Is the European Economy Sinking?
• Why Is the European Ec...
✉️ Business Enquiries → [e-mail]
#SaudiArabia #Oil #economy

[@visualeconomiken]

Take your personal data back with Incogni! Use code ECONOMIKEN at the link below and get 60% off an annual plan: incogni.com/economiken

[@Rowlph8888]

Authoritarian society = No ideas,, innovation = doing nothing with incredible wealth consistently for 100 years = eventual decline versus competitors

[@Fahad-be6nx]

How is Saudi Arabia an authoritarian society? We do not need the nonsense of democracy and freedom. Education is developing in Saudi Arabia and the state is investing heavily in it because it is the future of Saudi Arabia, not entertainment projects. And yet Saudi Arabia invests in everything, whether inside or outside Saudi Arabia. Today is one of the many projects in Saudi Arabia that will raise the economy and quality of life in Saudi Arabia in any case. Life in Saudi Arabia is wonderful. There is free education, health insurance, and education is free. However, Saudi Arabia invests more and more in the lives of its citizens, and even better than Western countries.

[@Rowlph8888]

@@Fahad-be6nx Delusion.your comment demonstrates you can't do critical reasoning. Just one simple comparison of the top of my head shows why Saudi Arabia and your political and legal system are a nightmare waiting to happen, at any given moment in future and that is Norway versus Saudi Arabia.They discovered oil in the 70's and have had fewer than half the years to develop spinoff industries from their overprivileged position,, but have developed about 10 times more innovation infrastructure and industries in less than half the time. *Ultimately, the structures that were developed in Western Europe to protect the freedoms of individual citizens and democracy enabling public to remove an overly corrupt government, have lost their way at this point, and need reform to happen from citizen base are, but they still had better potential than tyranny systems like Saudi Arabia and China - because even if you think that these countries are doing well at any point, history shows that countries rose and fell apart throughout human history in very quick time periods because unelected officials can only ever be a positive thing for the citizens in a country, if they are benevolent and highly intelligent.The moment that they'll replaced by somebody more selfish and/or not highly intelligent, then the society will begin to collapse as the cronies around them steal all the money - that is human nature which is only ever been protected since the systems in Western Europe started after the political revolutions in England in the 17th century

[@looseycanon]

Fun fact, just today, I read about Saudi Arabia opening a LIQUOR store for foreign diplomats! Even planes flying to Saudi Arabia have to off load their liquor store at departing airport, when heading for Saudi Arabia and yet... a store. Now you have to be a diplomat and there are limits, but still!

[@jakeroper1096]

Smell of desperation. They may have some of the cheapest access but they don’t have as much as they claim.

[@looseycanon]

@@jakeroper1096 Possibly, but then again, costs of producing in the region at large are still lower than in most of the World...

[@famicomnintendo]

I read on an oil dedicated website that they indeed inflated their proven reserves and they couldn't pump much more per day even if they wanted to. But they do have alot and it is easy to extract at the lowest price in the industry, @@jakeroper1096

[@abedmarachli7345]

Alcohol addiction is a bad habit, like hashish and marijuana. It begins with two drinks and you do not know where it ends. It may take you years to understand the blessing of prohibiting alcohol in Islam, even though the ruling regime in Saudi Arabia did not realize the idea and believes that importing it is better for flattery and claiming intellectual participation in the world. They have in Yemen such as alcohol of a type called Khat, but not in Saudi Arabia Good luck with your liver damage and dizzy spells if that pleases your ego

[@looseycanon]

@@abedmarachli7345 Not necessarily, we Czechs have pubs because of beer and thanks to pubs, we are, as Tomáš Sedláček put it a well pierced through society thanks to that. In that same pub, at that same table, I an executive (well former) sit with local mayor, a doctor from a nearby hospital, a garbage man, an entrepreneur, a prostitute (not currently with a client), a priest from a nearby church. We sit at one table and discuss stuff drinking half liters of beer. Thanks to this, we, even though we're from different socioeconomic layers of society, have understanding for one another, because that beer makes us come to the pub, meet and talk. Can it get sometimes heated sure. Can you drink too much and end up in a hospital? Oh absolutely, but in moderation... I like the name alcohol got in Westerns in Czech dub, the "Fire water". Because it's very much like fire. A good servant, when drunk responsibly, but a very bad master, if you lose control.

[@rolandnelson6722]

Saudi Arabia has lost it mind, they are spending days/weeks of their Oil REVEUNES on golfers, soccer players and boxing matches. Literally throwing money to foreigners.

[@manhoosnick]

Still those 500 Billion dollars to build NEOM could've been used for something else. Don't know how will ot help the Saudi Economy.

[@whatwhatmeno]

Honestly they took the safe route, I mean what else are you spending 500 and be sure that it will be worth it, at least building a city or a structure will make you assure that people would want to visit at least

[@manhoosnick]

@@whatwhatmeno I think they could've invested like Norway Sovereign Wealth Fund or just make existing cities better.

[@whatwhatmeno]

@@manhoosnick They do both

[@hurrdurrmurrgurr]

@@whatwhatmeno An incredibly inefficient city layout isn't going to get people to visit Neom over any other city and you don't build cities for tourists you build them for people to work and live which Neom fails to justify its own need. There aren't any people living in that area, Riyadh isn't overcrowded and there's no business advantage from setting up there.

[@whatwhatmeno]

@@hurrdurrmurrgurr Again this is the "safe option" where would you spend these Billions if you were the King ? what other project can you at least guarantee a little bit of safety on your investment other than cities and tourist attractions , I do think Saudi is very late to the party but this is their best chance, they can't take high risks

[@fabionobre]

Soccer? U having a giggle, mate?

[@shyamdevadas6099]

Its an interesting idea, but there are risks. Oil is a fairly durable industry with a very durable market. Just as Las Vegas exchanged its cash cow of gambling for hospitality and entertainment, Saudi Arabia is attempting to develop a larger consumption led economy in the same way. The problem is that this type of consumption is extremely cyclical and downturns are regular. The bigger they build that economy, the harder it will fall in the cyclical downturns. By the time that happens, the Kingdom will have done away with much of the societal taboos that allow it to operate as a dictatorship. When that time comes, things will get ugly and all of the gold plated celebrity culture will become a target for disgust and anger from the beleaguered middle and working classes.

[@dianapennepacker6854]

Pretty sure the only reason why the Monarch exists is due to oil. Basically they pay to stay in power. Question is... Middle East countries have citizens that literally do not want to work. I think they are trying to remedy this. "Saudis are lazy" is all I have ever heard anyway.

[@Romeo70]

Well done

[@user-te4of2fq5d]

Riyadh. A princess beheaded as I glanced out the window after an early morning shower 1983 I always remind myself going there, just a few generations out of a tent in the desert. I'm an "Original Aramco Brat" the up in The Original Golden Ghetto ".

[@wollaminfaetter]

Wow! A channel that doesn't just combine generic video and image material with AI generated translations of Wikipedia pages! Liked & Subscribed 🥰

[@bangmo7]

The only thing they need most is the resolve. They have natural resources . .they can even develop agriculture. . I visited Saudi in 2006. . No theater. .woman should not drive. . Woman should not go around without a man. . All restaurants were run by Syrian or Pakistani immigrants. . People were suffering from obesity, diabetes and heart disease. . I hope they have changed.

[@kevinwilliams3694]

As a plan to invest the oil wealth of a nation. This is going to become the example of what not to do.

[@adamsaciid4919]

how?

[@darkhawk6398]

@@adamsaciid4919 just common sense bro no one gives a shit about those sports leagues even in a new competative space like eSports

[@badluck5647]

Venezuela 👀

[@icetrip2417]

😂who are you?

[@ShadowPhoenixMaximus]

​@darkhawk6398 I think they're more like pet projects that are supposed to build national pride. I mean, everyone already knows they're loaded with cash, so I can't see any other reason for those purchases

[@ViceCoin]

Real wages in the US have been stagnant since the 1970s.

[@roberttrei3135]

The problem is that they are a strictly regulated Muslim country. As long as they don’t have a bigger culture changes it will not work.

[@egg174]

Everyone one talks about Saudi's expensive tastes But no one mentions Shia's cheap thrills

[@yellowboeing6030]

Sheep thrills?

[@lipids7185]

Yes but now is not 70s all the serious countries go from fossil to renewable and atom energy they can’t depend to countries with theocracy and oligarchs which one day do business with you and the next day stop oil supply or increase prices.

[@vitoanania6042]

ome thing you did not cover, a problem for the Saudis, is that they probably have much less oil than they claim to have. their reported figures (reserves and discoveries make little sense)

[@alimullu]

Yes

[@selestianphilip9929]

Who will visit these countries without fear. Everyone need their lifes

[@adamsaciid4919]

billion's of muslims 😀

[@user-kj8yl6sn2z]

A third of Saudi Arabia's population is of all religions and ethnicities. Saudi Arabia is the second most important country in the world in terms of the growth of foreign tourists coming to it this year. You are being brainwashed

[@user-hf7qw6ym2p]

Pls do not forget the slavery system imposed on their expat workers.. so terrible

[@user-kj8yl6sn2z]

You are lying. Every worker has the right to cancel his contract with complete freedom and return to his country. Saudi Arabia is a land of dreams for many who have not found work in their country.

[@badluck5647]

You are lumping all gulf nations together. Saudi Arabia has different laws that Qatar.

[@user-hf7qw6ym2p]

@@user-kj8yl6sn2z you can cancel the contract and pay a penalty as if the worker's misfortune is not enough for him to endure.. you literally have to beg for your employer to ask for a visa to go out of the country.. you litteraly have to beg the employer to get rid of his abuses and exploitation by transferring to another employer and or leaving the country.. earning 250usd for a back breaking job for a month is not an oppurtunity but an exploitation...

[@oussamaalaoui9121]

You misteken them with an other country

[@bahoonies]

​@user-kj8yl6sn2z Expatriate workers in Saudi Arabia are not permitted to keep their passports. Their Saudi sponsor holds them. Furthermore, they are not free leave Saudi Arabia without an exit visa which their sponsor has to apply for. There have been far too many cases of Saudi employers withholding salary payments for months at a time to ensure workers can't leave the kingdom.

[@SnowmanTF2]

Golf courses and futuristic do not exactly seem to go together.

[@darkhawk6398]

Neom gonna fail harder than dubai in all scales and forever remains in history as worst city idea

[@adamsaciid4919]

that's your mind but not the reality

[@darkhawk6398]

@@adamsaciid4919 the idea of neom is based off the popularity of Dubai which in itself a failure so I don't think this is only my opinion but a hard truth

[@adamsaciid4919]

@@darkhawk6398 who say you Dubai is failed?this not hard reality but it's your opinion

[@unknown7042]

@@darkhawk6398 Dubai fail? 😂🤣

[@darkhawk6398]

@@unknown7042 it is barely on a lifeline because of the loans from their big daddy UAE

[@slawawacker]

For decades, 90% of Saudi production has been coming from five giant, ageing and fast-depleting oilfields which were discovered more than 74 years ago and and are being kept producing by injections of billions of gallons of water. By 2030, Saudi Arabia will have less than 400,000 barrels a day (b/d) for export and would have virtually ceased to remain an oil exporter.

[@michaelborror4399]

I'll get these miniatures painted for my chess like game one of these days and hopefully before we're forty at least?!? I was definitely surprised though and thinking 9-12 million barrels a day must of been a mistake but I guess not anyway. I wonder if I'll get around to writing about, though hopefully won't have to worry about any time soon; and figure out how many feet underground supports should be spaced, when the moleman renaissance starts, or what kind of boating canal bedding resists mold and algae the best, or I guess like a swimming pool with chlorine maybe, and khufu's solar barge or canoes more common in the future; and pictures of burnt coconut husks and sand as filters when camping, armoring, maybe draw some step tank syphon generator prototype experiments; like musashi was able to write the five rings before he passed when he was old?

[@garrettknapp-frey7712]

Saudi Arabia needs to sell off its flashy crap, and put that money into boring but proven investments, and create a sovereign wealth fund as identical as possible to Norway. Also they need to cancel Neom and put that money into making their power grid 100% renewable energy so they can sell more oil.

[@user-ro4zy3gt7z]

You can only sell so much oil before the price drops

[@quackcement]

what about "the line"

[@qwmha]

It’s part of neom

[@GrahamCStrouse]

Aside from the fact that it’s a ridiculous fantasy?

[@calebbliss8626]

one of my favorite death metal bands, Cryptopsy, just became the first international band to play in Saudi Arabia last year.

[@svart7716]

Any of the magnificent 7 companies has higher market value than Aramco..

[@svart7716]

Saudi Arabia is becoming a turist destination. That is good!

[@ZoomZoomMX3]

Who wants to live in a desert

[@oussamaalaoui9121]

Many peapole lives in dubaï

[@user-zy7fs4ho7e]

​@@oussamaalaoui9121just for tax reasons and a lot of people are returning back to thei countries because it sucks to live there

[@oussamaalaoui9121]

@@user-zy7fs4ho7e opinions are different Some peapole said that they like to live there

[@KJSvitko]

Population needs to be in balance with jobs, resources, nature and the environment. Having a bigger population in any country than the country can support makes no sense. Access to food, water, shelter, energy and jobs should guide population levels. The worlds population is still expected to add another billion people to feed, clothe and produce pollution. Humans are crowding out all other species of plants and animals. Education and birth control are key to reducing poverty and hunger. Having a child that you can not provide for yourself is cruel and irresponsible. We need solutions not just sympathy. Endless population growth is not sustainable on a finite planet. Every country needs to "TRY" to be more self sufficient. When there are not enough resources to sustain a population something has to give. Countries need to focus on quality of life for their citizens and not just quantity of life for cheap labor. Why import fossil fuels when wind and solar energy can be produced locally and solar energy can power electric vehicles. We need solutions not just sympathy.

[@jestinmathew4503]

Even I think the same

[@ViceCoin]

With an aging population, growing automation, EV mandates, OPEC forecasts a growth of 3 milion bpd by 2050.

[@Tewhill357]

Points for the use 'pharonic'. Not to be confused with moronic. They are totally different and unrelated terms.

[@junkscience6397]

Not always.

[@bosshog36]

Informative video

[@AshMundo]

Soccer? Wtf is that?!

[@MrJoeSomebody]

Always a comment like this. Getting really boring

[@AshMundo]

@@MrJoeSomebody no idea what a soccer is. Are you an American?

[@malokaloMPK]

It's called football , not soccer!

[@kname1882]

Defenetly an American............. you can see that

[@FlamingBasketballClub]

Please do a video on the recent hypocrisy of eco protesters.

[@lyndonanderson2900]

Don’t understand the popularity of soccer, great cure for insomnia.

[@williamideker4573]

How you from the uk and say soccer at the same moment😂

[@manhoosnick]

He got paid in dollars

[@Solid_Snake88]

The yankees (youtube) pay him 😂

[@bahoonies]

The word soccer originated in the UK.

[@abedmarachli7345]

We must rise from the bottom and not from the top, and therefore in the event that the poor classes are not developed, or what I mentioned about 37 million people, and only think like a wealthy monarchy by building golf courses, and I believe that the Prince’s Club, which contracted with Cristiano, is not an ordinary citizen, and therefore, as you mentioned after several years, prepare for thousands of boats. Immigration to Greece and Italy

[@user-jh8eq9mn3q]

Like sea without water

[@zajnat9747]

Oil is not a renewable resource right?

[@eaphantom9214]

Well yes, their days as a global power is uncertain once that dino juice is all gone 🛢

[@eifelitorn]

oil doesn't come from dinosaur remains tho

[@navajyotichetia8968]

The next to come is hashish- its ready by itself being a arabic word

[@peterpanini96]

Hahaha hashish oil moving your cars... 😂😂😂 like the movies from the 60s... 😂

[@philsophkenny]

😮

[@NathanHearn-ms7vv]

Saudi Arabia - if cocaine was a country.

[@alexandercherniavenko7363]

As a King you can sell company and then take it back, because you make laws 😏

[@ohcho-fg4co]

Government planned economic and industrial development ends in failure.

[@looseycanon]

I think, this is a mistake... Yes, world is reening itself of oil, we have incentives, yada, yada... The world will never get off oil! Even if we stop using it for fuels, there are still plastics, pharmaceuticals, fertilizers... The list is well over 10000 entries long! over 10000 kinds of products have oil in them in one form or another and Saudi Arabia has the lowest costs to extract oil on Earth. What I'd do, would be to: 1) establish a university, that would train and research stuff related to oil extraction and processing. 2) I would double down on oil processing and industrial automation. Really these days, oil is seen primarily as an energy resource. I'd flip that. I'd see it first and foremost as a manufacturing material and only and what can't be processed further would be burned. That way, SA would have abundant and basically forever cheap and secure source of resources for their products. Even if the world abandoned vast majority of products made from oil, there would still be pharmaceuticals and fertilizer, wihtout which the system will not ever work and on which Saudis would have massive advantage, given low raw material costs and cheap electricity, because they wouldn't need to import anything and burn what's now used for fuel and cannot be processed further to have their own power source. I'm not worried about climate discourse derailing this, because particularly in democracies, parents will not tolerate their children dying of smallpox, measels or anything treatable, or famine, because the nation, which produces majority of fertilizer isn't green enough. Noone is going to put tolls or sanctions on a nation producing this basic stuff over something as meager as climate change. 3) bad image cannot be overcome with PR. That is the lesson SA needs to learn and actually implement reforms. That is one thing they can't speed up. Just look at major brands and what is their reputation in spite of in some cases downright excessive PR budgets! I'm talking EA (once mark of quality, now of garbage in gaming), Blizzard (same story and to think that SC2 nearly saved them!), Ubisoft (who once ran three different DRMs on one of their games and now are actively trying to deny us owning purchased games), HP (and their printers from hell). Only genuine change can do that.

[@GrahamCStrouse]

Civilization as we know it can’t function without oil and other fossil fuels.

[@kennethstople3969]

MATE, you a brit and you say soccer?! Bloody shame'

[@vratyasvakyas6022]

I always cringe whenever I hear a European or South American calling it soccer.

[@yasteel100]

Calls Sadio Mane - "Main"

[@adamsaciid4919]

who? european or american's or israel

[@Solid_Snake88]

As an italian such a disgrace 😭 that's why it came to Rome ☝🏻🤭🇮🇹2021

[@user-qs3mh4pp3b]

The video really is very interesting, and explain what Saudi Arabia may experience with oil production decline and import decline. This is only a part of the equation, at least Saudi Arabia always will be energy independent economy and with energy the economy can be sustainable or slow decline. The big problem will be on the countries who relay today and on the future on Saudi oil and gas import, if they will cut the oil production for different reasons, then oil importing countries will be on serious difficulties.

[@RupaliRai-ou3dl]

Use ev car and transport

[@GrahamCStrouse]

Economists have a bad habit of failing to consider the technological and logistical absurdities of futurist fantasies. MENA is pretty much DOA.

[@hashim64]

Huge gold mining for export

[@clairecatx]

Steps in the right direction. Iran should take notes.

[@ArawnOfAnnwn]

Iran has a much more diversified economy than Saudi Arabia. They're hindered by sanctions, which SA doesn't have to deal with thanks to bowing to America. While oil is still important for Iran, it's nowhere near as vital as it is for SA. And btw, sanctions also impede them doing pretty much everything that this video showed SA is trying.

[@icetrip2417]

​@ArawnOfAnnwn😂bruh it ain't thar diverse tbh and it's way woree

[@banto1]

interesting that they would go after golf considering the entire country is one big sand trap....

[@ismailnyeyusof3520]

Saudi Arabia doesn’t seem to have included in their economic rapid growth any plans how to tap into a billion plus market of muslims around the world. Also, more surprisingly, how to grow the economy of their own muslim population. This could be seen as an admission that the muslim world is not economically strong but ignoring it can be a grave mistake that could bring down all their grandiose ambitions before 2030 rolls in.

[@trailwalkerhk0125]

All saudi citizen are provided by the govt thats why most of them dont work

[@badluck5647]

Muslim nations are terrible at economic policy. This is a shame as statistically Muslim immigrants are way more successful than the average American.

[@rogerman65]

The owner of ARAMCO is the government of Saudi Arabia (90.19%) Public Investment Fund (4%) Sanabil (4%). All of them Saudi Arab owned.

[@liamfraserobrien]

I thought the floated it were they the only buyers or was it a fake float or maybe aborted

[@rogerman65]

@@liamfraserobrien I used the latest issue of CIA WORLD FACTBOOK 2023-2024 if i recall it correctly. But I am definitely not sure now what source I used. And if I used the CIA factbook, the info may be a few years old. Search the internet. However, knowing the Saudis, they would definitely prefer to keep ARAMCO within their borders.

[@zoranjankovic3488]

Quality continues to drop, 0,55 barrels is apparently 2x from 0,4 barrels...and apparently I'm behind because I only watch F1 races and have completely missed out on the F1 tournament in Saudi Arabia...my bad!

[@zoranjankovic3488]

Since I went down the rabbit hole...GDP per capita metric is irrelevant. Either you don't know what you're doing or you have a narrative to push. I'm no expert. I only look at what you tell me and in the beginning you say the population (the Capita) went 4x over the past 40y. Don't act surprised the GDP per capita didn't have a mega growth spurt.😅

[@hadrianos1]

soccer? aren't you British? lol: 🤣🤣

[@silvarajoomuniandy4316]

Go SMEs.

[@Donkeyearsa]

Even if they offered to pay me I would never go there on vacation. it's just way to dangerous to risk it.

[@Ibrahem932]

No, please come😂

[@mikklustmets4239]

It’s MANE not Maine

[@dandelion6195]

Did you just pronounce Sadio Mané's surname as "main"?

[@andrewnelson4148]

The reason why US oil production is up, is not because of fracking. But because they are taking it from Canada and saying that it was made in the US. If fracking was solving the US oil production problem, then they would not need to make so many oil pipelines to Canada for their oil resources. Just a note, a lot of fracking companies or oil companies have gone bankrupted here in the US. Fracking only increase oil production for one year, as it only allows for you to gain easier accesses to the little amount of oil left, no renew it.

[@peterpanini96]

Those v8 are thirsty and not aerodynamic.

[@dianapennepacker6854]

So? We get 3.8 b/d from Canada. I believe we also have more capacity to refine it. So it is about a bit over 1/3rd of our exports.

[@NickSteffen]

That number doesn’t include Canadian imports. That is raw production. If you looked refined production it would include Canadian imports. You’ve got your terminology confused. Oil companies in the US go bankrupt because most extractors are small companies that have little cash on hand and price fluctuations can kill them. Countries like Saudi, Russia and Venezuela are vertically integrated and government supported so their producers can whether these fluctuations for longer. But on the other hand we have much more VC capital when prices are high so it puts a time limit on a high prices. We are importing oil from Canada because we need more oil than we can produce and because it is profitable to import Canadian oil, refine it here and then export it abroad because we have more refinement and port capacity. I think you were trying to make some point but I’m not sure what it is, you threw a bunch of random factoids out that don’t really amount to much.

[@badluck5647]

I'm not sure why you think it is mutually exclusive. Oil production is up due to fracking, but thanks to Canadian oil sands, the US is no longer dependent on oil outside of North America.

[@1wun1]

​@@peterpanini96 But they're hybrid and shutdown at traffic lights 😅

[@hasinabegum1038]

Saudi nominal GDP par capita is 33k and GDP ppp par capita is about 68k

[@hasinabegum1038]

@@Crying-CrocYes but Saudi GDP ppp par capita is higher then UK,France,Italy,Canada,Japan,South Korea etc

[@ben5056]

Ppp doesn't work for exports (which they are heavily reliant on)

[@adamsaciid4919]

@@hasinabegum1038 that's right

[@sailingonasummerbreeze7892]

A grand plan - I understand what they are trying to do. They are fortunate to have oil.

[@ernestkj]

to make saudi a great place to have fun, u need a special zone why the lawless roam freely..

[@allysonyoung2771]

Hmm. How many Saudi women are now in the workforce? Or is it still just a big boy’s club?

[@adamsaciid4919]

that's not your business

[@oussamaalaoui9121]

Bro you still stuck in the 1800

[@Tribuneoftheplebs]

They are having children making Saudi a great and growing nation. Meanwhile in the west... demographoc decline and degeneration. Sad 😢

[@Chris-vz7en]

Everything SA is doing sounds great! As China says "If you build it, they will come"😃...Oh, wait.....

[@ernestkj]

Clearly they forgotten that Chinese has tons of ghost cities all over!

[@no_more_free_nicks]

Golf is a sport? Since when?

[@littlekingdom7636]

sinda lah not sinda laha

[@eaphantom9214]

08:10 - Should point out, at least 1/3rd of Saudi Arabias 🇸🇦 population are immigrants The birth rate is high, but nowhere near as high as say - Nigeria 🇳🇬

[@Tribuneoftheplebs]

Saudis are very based for funding esports

[@moealwehebi8391]

Saudi Arabia without oil is like America with worthless $, I have heard shit for brain but I have never seen one except now

[@gedecandra7722]

They have no idea how to create another sector of economy besides oil production 🤣

[@GrahamCStrouse]

A political “sheikh-up?”

[@Calmly-replied111]

I think 🤔 with all of these changes a real adjustment for women's rights are in order !!!

[@user-mi9lc3vo7i]

saudi arabia is my another future buissness branch.

[@hashim64]

Saudi Arabia resell cheap Russian Oil for profit

[@the_manofculture]

Short answer: NO. 😂

[@micaeloliveira2727]

Saudi has mineral fortune also 🎉🎉

[@ViceCoin]

America still has a rail network from the 1800s.

[@ViceCoin]

@josephharris7934 Not well maintained. Average 3 derailments daily. Toxic spills in East Pslestine, and rural America. Even African countries have high-speed rail. Americans fear change. Plantation mentality.

[@user-zy7fs4ho7e]

No one gives a fuck about saudi league. Literally no one cares

[@Black_Sun_Dark_Star]

Just who is sponsoring this channel? I am starting to believe that the USA and UK are paying for this amount of propaganda.

[@manhoosnick]

I have been hearing for 30 years that Saudi will crumble... So yeah

[@leon19736]

By 2030, the electric car will cost 5k in China. Oil countries will suffer a lot.

[@badrakhariunchimeg1031]

First nation accept west culture

[@Lastboyscout77]

Caring about soccer=Having a country who can't compete on the real world stage. The worse the country the more they love their "football"

[@hasinabegum1038]

Like Germany,France,England?

[@FlamingBasketballClub]

Stop it 😂

[@adamsaciid4919]

like England🤔not bad

[@hashim64]

USD drop

[@ViceCoin]

Russia has the most efficient, cheapest oil production. Russia sells oil to the Saudis.

[@GrahamCStrouse]

😂😂😂

[@snackplissken8192]

If it works, it could go a long way towards normalizing relations between Islamic countries and the west. Saudi's position as the holder of Mecca and Medina give it a lot of clout in the Islamic world, and if you add economic success, they could pull a number of other countries into modernizing and liberalizing.

[@jquest3329]

It's pretty much just affirming the image that they're "sell-outs". Much of the Islamic world is resentful of the fact that they have Mecca/Medina.

[@qwmha]

Dude almost Every Islamic nation has good relationships with the west

[@moealwehebi8391]

how needs the west, China, Japan and South Korea have better economic partnership than the west, all you have to do look at African countries economies growth, this is the future of the middle east and the far east, the west is dying a slow death

[@aldeweesh]

In order to get higher views need to dramatize & even misinform. So many facts that are wrong in this video

[@RomanGolubev_A]

List the facts, otherwise, your words are empty

[@dendostar5436]

Soccer.😂🇺🇸

[@ViceCoin]

The Saudis are diversifying out of oil, but Americans fear post-oil.

[@GrahamCStrouse]

🙄🙄🙄

[@Drunken_Master]

There is no such thing as soccer.

[@GrahamCStrouse]

I agree. And the only version of football is played on the American gridiron.

[@peterpanini96]

After they lose their oil they buy more from russia at loe cost... 😂😂😂😂 and sell it to you expensive... 😂

[@kasidizmahdnor6510]

Allah will take care of those who is taking care of the Holy places in Saudi. Even if oil runs out, prophet Muhammad have said that bunch of gold will be discover in the mountains of the Arabian region.

[@user-zy7fs4ho7e]

nowhere in the Quran and nowhere in the hadiths does it say that.

[@justblaze7924]

I smell envy and jealousy in this video

[@alexandrebittencourttande3264]

To hear a british guy calling footbal, as soccer, is just disgusting.

[@adamsaciid4919]

saudi arabia not and will not fall before European and America

[@liamfraserobrien]

Lol let’s be honest you were built on oil that other people found for you and knew how to use. Tbf the Middle East back in the day was a transit point from China to Europe and the money was made there. Without oil you need to have a product you develop there isn’t a market for 8 dubais id solar up the desert for a start maybe desalanistion stuff like that the world is going renewable gas and oil will be a base load and for plastics at best 15 years from now in Europe given the prices I’d say 5-10.

[@adamsaciid4919]

@@liamfraserobrien bro middle east not only have oil, they have minerals they have all source of renewable energy and large funds companies which investing every sectors in the world ,not like the Europeans whose all their economic builded resources and slaves from Africa and if african youth decided to stop exporting minerals in Europe and consumering their products their is no longer what is called super European economic.

[@narendra62]

​@@adamsaciid4919wasn't the ME dirt poor and backwards without the western market for it's oil? Some gratitude that they are still not riding camels is due.

[@bareamin2017]

No Saudi Arabia will never colapse

[@narendra62]

Saudi doesn't have what Israel has. Intelligence to create stuff the world is willing to pay for.