By Walid Shoebat
There is a reason why God called Arabia "a whore" prophesying that her lovers (the kings of the earth) will ultimately abandon her services and refuse to drink her intoxicating wine of fornication.
Eventually all prostitutes age and loose their curves to only be penniless and destitute. Saudi Arabia needs oil prices at over $100 a barrel to break even on its budget. But Saudi Arabia's "lavish social spending program is on a collision course" said Zach Schreiber back in May, and now we find out that Saudi is selling her ministries. So far 13 ministries and government agencies are sold and she is putting on retirement most of the employees while shifting others to other government entities.
Saudi is so desperate she also plans to sell part of her Aramco’s stocks in order to set up a foreign exchange fund worth two trillion dollars. Schreiber correctly predicted the epic oil crash back in 2014 and later said that Saudi Arabia will soon completely collapse.
This should be a lesson to many who tune in to the wrong radio wavelength listening to wrong economic and prophetic prognosis. This was exactly the case when the oil price was around $90 a barrel, the greedy said that it would go to $150. The wise knew better.
Everything went the opposite of what the 'experts' predicted.
In life whenever you see the frightened herd running thirsty towards the waterhole, always run fast the other direction. In all matters of life, the wise should always go against the herd mentality. Sooner or later, the lions at the waterhole will get their fill of flesh from stupid zebras, then you can slowly walk towards that same waterhole and even converse with the lion drinking that murky cafe latte, in peace.
Most err when it comes to predicting the future. This is why you need to watch the few, like Schreiber, who know better. He says that Saudi has a short time before it collapses. It is on a collision course with Iran and Russia when it comes to keeping its oil prices low. By keeping its oil price low, Saudi Arabia hopes that the other two giants will collapse first. But this will not happen and Saudi cannot raise her price for the love-barrel either. Why?
It is perhaps easier to explain this scenario using my imaginary falafel stand than to jot complex economic jargon. Lets just say that a new Arab immigrant opens a falafel stand across the street from me, but city ordinance only allows him to sell falafel, while I sell not just falafel, but burgers, fries, Gyros, hummus pizza and lottery tickets. For the poor guy to compete, the only option he has is to have continual price cuts on his falafel. But no matter how much he cuts prices to hurt me and put me out of business, he will eventually come to his knees since I can continue forever selling my falafels at a lower price until I break even. After all I still double my profits on the other food items while I sell Pizza by the slice.
In other words, being completely dependent on fossil fuels will send you the way of the fossil.
Russia and Iran produce other items, but Saudi has only her oil. Ultimately she is bankrupt. Saudi currently has $600 some billion in foreign reserves and annually withdraws $70 billion while she loses $70 billion from the oil prices slump. 90% of Saudi's income comes from oil and the rest is from all the guests who come annually to kiss her silver vulva while running roundabout her golden and silver decked black Hijab.
If things continue, by 2018, Saudi Arabia will be completely broke.
Soon her sons, the Arabs, will return to desert falafel instead of Las Vegas, scotch and caviar. The oil price for the Middle East, considering the huge population increase they had since 1970, needs to be over a $100 barrel.
But you might ask: what if she simply raises her price?
But this will not be easy. There is a reason why she can't. First of all, there are other younger than Saudi that flood the bazar that clients can choose oil from: US, Argentina, Brazil, Venezuela, Mexico ...
But this is the minor issue. The bigger reason is that Saudi must keep the price low because Iran and Russia will recover by increasing their prices. But you might ask: so what?
If Iran and Russia recover, Iran will destroy Saudi. In the middle east, this is a known fact. It is not like western nations think where peace is at hand after every war. This is a war of complete and utter destruction. It is either Iran or Saudi.
But then you might ask: what if Saudi changes her policy and sell other products besides oil?
Saudi is caught between a rock and a hard place. She cannot get a facelift, since reforms are impossible.
Here's why. For Saudi Arabia to sell burgers besides falafel (economic reformation), it needs influence of American institutes to be behind all such plans. This will bring modernization and a change to political and social structure. All this, Saudi considers a red line, which the Wahhabist government fears the most, just as it fears Iran. Saudi Arabia is dependent on cheap low wage employment of foreign workers and economic reforms will lead to social protests. For an example, just the high water tariff and enforcing new laws for drilling wells had King Salman fire the kingdom’s water and electricity minister, Abdullah al-Husayen. Any changes will bring sever unrest.
And to bring in younger blood doesn't work either, unless King Salman gives up on his son: Muhammad bin Salman. This will never happen. When the inexperienced prince, son of King Salman, wanted to show he has testosterone, he marched through direct intervention in Syria and launched a war on Yemen, which turned out a disaster. How then can he be trusted with economic issues as well? We have also ISIS and today ISIS is synonymous with Saudi Wahhabist.
"You who live by many waters
and are rich in treasures,
your end has come,
the time for you to be destroyed."
Saudi betrayed all her customers, even her favorite, America, after she kicked him in a sensitive spot on September 11th 2001. This brought down both America's most handsome twin sons: the Twin Towers.
There are still certain cases against Saudi which are still open files in the United States for her role in the 9/11 nightmare.
And to add more salt to injury, just imagine if Trump wins. It is all over. Trump is no Hillary or Obama, Saudi's African lover, whom she still views as "negro" forcing herself to entertain for a price. Trump is way more ticked off at Saudi, especially when her bratty little son, Prince al-Walid bin Talal, tweets Trump some very nasty messages for refusing to sleep with his mother (Saudi). The messages even hit Trump's highest ego:
Trump made his message clear. The U.S. will no longer sing "make way for prince Walid". Giuliani (Trump's very close friend and ally) on 911, sent a message to the young prince's offer of $10 million to sleep with Saudi. Giuliani basically told al-Walid that America's twin sons will not be forgotten. That no amount of money is enough to sleep with Saudi, al-Walid's old mother.
Now just imagine, on top of all this turmoil, if a stock market bubble bursts, which it will, soon. We already have Azerbaijan, hard hit by tumbling oil prices, Venezuela is out to go bust for the same reason and Ecuador looks about to go down as well. What do you think it will be for Saudi? Iran and Russia can sustain themselves by selling burgers, but Saudi will only have the flea infested camels to sleep with.
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