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Saudi Arabia predicts budget deficit as it funnels money into gigaprojects (www.ft.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 1 year ago (1 children)

I would actually love to see Saudi Arabia take the lead on food engineering. They might lack fresh water, but they have immense amounts of land and sun to play with.

The only alternative I can see is a mass reforestation project.

[–] Squizzy 3 points 1 year ago (1 children)

Unfortunately what they are doing is buying Agri land abroad and repatriating the goods.

[–] [email protected] 1 points 1 year ago (1 children)

Capitalism 🤷‍♀️

That's why the Saudi's aren't going to piss off the US, China, Russia, or India. Their strategy only works in peacetime.

[–] Squizzy 1 points 1 year ago

Well the Americans bend over for them and the Russians need them more, it's only China they have to behave for.