How Saudi Arabia is HIDING its own Downfall? :Geopolitics Case Study
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VIDEO INTRODUCTION:
On 10th of Jan 2021, the Saudi Crown Prince Mohammed bin Salman made the grand annoucement for the plan of the line city in the Saudi Arabia and this is by far one of the craziest projects ever witnessed by mankind!!! And while most people are fascinated by the grandeur of the Neom city, what we fail to see is that, this is Saudi Arabia's desparte attempt to cope up with an economic nightmare. Yes you heard that right, one of the richest nations in the world is facing an economic nightmare that is hidden in plain sight.
The question is,
What is this hidden problem with Saudi Arabia?
What is this NEOM or line city project?
How is NEOM meant to resc ue Saudi Arabia?
And why do people think NEOM is meant to fail the state of Saudi Arabia?
To understand the importance and the vision of the Neom city, we first have to understand the economic scenario of Saudi Arabia. You see the core reason why Saudi Arabia is super powerful is because, it is the 3rd largest producer of oil in the world. and more importantly, it also has the second largest oil reserve in the world.
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After a poorly researched video (Paytm buyback), Think school is back to what it does best - Geopolitics...
Excellent video bro.
What about Nal-Jal Yojna by Indian government?
Next on Adani scam
Jesus loves you all and is coming back soon!
Believe in His death and resurrection and repent of your sins and be saved!
Remember that He died and rose up again for you to be in heaven with Him!
Have an amazing day ❤️
Adani????
I used to always feel sad about India being energy deprived but I realise that we are blessed to be a water-rich and food-surplus country.
Edit: Ouch! Seems like I triggered many Liberandus.
Tu vishakha patnam dekh ,,, jaldi hi rich city bqnega vishakha patnam ,,,
@@qwerty9889 kese
Yes, agricultural nations are going to feed the world in the near future, other forms
of energy will replace fossil fuels.
@@Gg-ij7li I don't need your Jesus! I have my Sri Ram to guide me.
So, shut the fuck up and do something productive.
Water rich ? Nahi yrr there's a big catch
Saudi Arabia 🇸🇦 is a great example of "don't put all your eggs in one basket"
True 👍🏻
Wo natural egg hai ,, other many dimensions are looking pathway in Saudi policy maker !! Arrange sentences
But they are literally doing it again, they are all their current eggs and eggs they might have in the future on the project
So whats your explanation for taiwan who put all their eggs in semiconductor manufacturing.
Jesus loves you and is coming back soon!
Believe in His death and resurrection and repent of your sins and be saved!
Remember that He died and rose up again for you to be in heaven with Him!
Have an amazing day ❤️❤
Swiss canal! Renible energy!! Dude i came here for information, i found gold!
Excellent analysis and details on the Saidi Arabia . Brilliant one keep it up and look firward for many more such videos with good data / analysis
When oil was cut off from the United States during the 1973 Arab-Israeli War, Henry Kissinger told Faisal "If Saudi Arabia does not lift the boycott, America will come and bomb the oilfields." King Faisal replied back "You are the ones who can't live without oil. You know, we come from the desert, and our ancestors lived on dates and milk and we can easily go back and live like that again." But I don't think king Faisal's quote remains true anymore.
Powerful quote and is still true.
Recently Saudi has joined BRICS and US has lifted his security support provided to Saudi .My question is if US is self sufficient in oil,why do they need to rely on Saudi and Russia ?
@@user-qx9zn2cj4e How is it still true/relevant ? No Arab wants to live tribal life like their ancestors used to live, they all want to live with modern lifestyle. Westernisation is increasing at a rapid pace in the middle-east. UAE ( Dubai) is the Great Example.
But the US lives on war. All we do is constantly get in the way of other nations. When all fails here we will go to war.
@@sherin7444 they will extract all of it from Saudi n Russia and keep their own oil for the future.
Hey everyone,
The break even term mentioned in the video is FISCAL breakeven and not just break even!! As in, its not the cost needed to recover the production cost but the cost that oil needs to be sold at to not shake the budget!! So while oil companies (Like Aramco) profit from selling oil, oil COUNTRIES are considered to profit only when their oil profits can cover govt spends!!
its ok bro, very good video take care
Bro. A lot of Saudis earn from Kafala system so they are "unemployed". This corrupt strategy resembles a form of indirect slavery, making it harder for migrants to escape such dreadful situations. Female domestic workers who attempt to run away fall victim to sex traffickers. The power of the Kafala system is the fuel for contemporary modern-day slavery.
@@hardys1664 yes but media ignore this conveniently
u need to pin this at the top
Nice explanation i was confused at first
This is a great video. The music is very climatic too. It's well produced and very informative.
Please can you provide the source of 63% of population under 30 are unemployed.
I read a quote somewhere by an Arab oil tycoon who said in effect " *My grandpa rode camels, my father rode a car, I ride a Ferrari and my grandson will ride a camel* "
Complete CIRCLE 🔵
This is the quotation of Al Makhtoum, Dubai Emir.
Electric Car
King Faisal, who embargoed all of Europe over Palestine and made europeans ride bicycles, once said “we’re not the ones addicted to oil. The west is. We survived for thousands of years in the desert, we have no problem going back if the Palestinian occupation isn’t resolved”.
@@user-qx9zn2cj4e okay but at last what happened we have saw
Minor correction: desalinated water is not toxic but when a large amount of fresh water meets the sea it causes major impact on sea life like coral reefs.
Large scale of desal plant needs support infrastructure. They need to cart the by products to land instead of dumping it to sea. It's big energy eater. Need more research. Singapore is doing some great research on desal.
If by fresh water you mean treated sewage water, it will be reused. But the brine excess discharged from such desalination process is the real killer of marine life
to us se musalmano ko kya fark padta, unke allah ne to keh dia hai saare janwar, insano ke khane ke liyye bane hain.
@@ravindilip Got a detailed tour of a waste treatment facility here in the Chicago area. By the time they are finished treating the water it is potable. We don't use that of course. So, it goes an extra step so that it can be discharged into a local river and is used as "grey water" to water a nearby golf course and park. Of course, in the Chicago area we don't have any shortage of water, but in areas that do, recycling like this could drastically reduce the need for "new" water. By the way, a lot of the energy used comes from the methane collected in some of the processing steps. This is currently only used where heating is needed but could also be used to run generators.
Video: Saudi is dying
Truth: Saudi, Pakistan, Ummah, Islam, all are dying.
Satyameva jayate 😎
Brilliantly presented video. Hats off to you.
Fantastic Video. Congratulations on your reporting. This is better than many wall street journal articles.
U and akshat Srivastava both have god gifted vocabulary skill you both just easily explain English without fancy words
It's called practice, bro..
@@mpqw that's what he said read the comment properly.
It's not God gifted, it's practise and lot of Indians have that.
I think U missed Amit Sengupta 😊
@@ramanareddy5831 why so??
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My favorite educational channel 👍👍 keep up the good work
Dude I am so happy I stumble across this channel the other day! So informative
This is an Indian channel do you know that?
Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
A lot of folks have been going on about a January rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
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@@evitasmith6218 Rebound? We're still careening off the fiscal cliff as it were. I'd say we still have another 20% to fall.
I spend 50% of my work days in this country and am completely in sync with your views. Very well explained 👏
Saudi Arabia won't get enough tourism from Neon to come even close to what it makes with oil. They're making a big mistake. They should invest in microchips and advanced manufacturing.
@@jamesjonnes forget the tourism, they collect investor money with their big visionaire projects, then take this money to invest in whatever brings them real revenue (stocks, gold reserves, bitcoin?,fonds etc), then when the projects fail and investors want their money back, they will first delay then they have already made their fortune with it and will give you just your investment and maybe a bit of an interest rate back (if at all, because every big investment is also usually risky, you can win a lot, you can loe a lot too if it fails). So basically, you wasted money and time that you should have invested directly, so YOU would have earned the profit, not them.
You'd think, why would rich people be so dumb? But remember, they also invested in theranos. and there will be groups selling to less rich people, basically robbing them of their retirement plans.
We have 2023 already. In 2030 they want to have stuff ready with technology, that doesn't exist at a level yet that can be implemented in a sensible way (think the self driving assistent by Tesla, or kinda Musk tunnel) and they just flat out fool you. Like yes, you can get from one end of the city to the other end in just twenty minutes with high speed trains. But you can't get anywhere inbetween, otherwise that train has to stop constantly, and well that is just a train then taking it's time, definitely not 20 min. High speed only makes sense when connecting far away points, not in a sense of public transport. So you will either use these drone taxis (don't find the idea that there will be tons of them in that narrow space between the walls convincing), or you will be stuck, or the train will exist but take it's time to travel. Don't see a lot of problems solved either like water management, waste management, hazard security etc. All it seem to be are shiny projects in 3-D game graphics, that will totally look different (worse) in real life if they ever come to an end like predicted in the first place.
@@jamesjonneslet them go bust!!! Good for the world! No izlamic terrorism . World will be a more peaceful place
@@jamesjonnes its too late for that. industry giants already cornered the market for microchips. it will be difficult to break into it. saudi cant transition to high tech manufacturing due to lack of know how and they wont move into low cost manufacturing since no saudi will want to work for a low, sweat-shop level wage. so in essence, saudi is stuck,
Very interesting and also informative episode (and I do share your thoughts on this megaproject) 👍
Best regards from Finland 👍👍
Are you really from Finland
The Jeddah tower has been abandoned sitting there for a few years. This seams like a pipe dream to me.
Just think
How much hardwork they did for getting all these information within one week.
OMG how much time u r spending in a day for making this videos man.
Just for pickuping new topic takes more than one week. U r awesome 👌
He is not doing it alone. He has a team who does a lot of the research.
@@georgythomas8451 still it is remarkable
Nothing in world comes free brother
Bhai uska kaam Hai. Karega ni toh kamaaega kaise?? Din me 3 ghanta kaam karega toh kamaayi bhi utna hi hoga. Already India me ad revenue Kam hai
I asked him to provide the source of 63% of population under 30 are unemployed. I am still waiting him to provide me with the source?
Thank you for the explanation, quite informative
This was exceptional. Subscribed
This sounds like a situation where an absolute ruler has consolidated so much power that no one is willing to call out his bad ideas.
OMG DUDE EXACTLY!!
That's how commulanism and kings rule works
Same as putin
Great things come out of people who consolidate power the greater the power the greater the output, people might observe this accumulation of power as a negative thing but it truly depends on what is done through it, usually any great achievement is attributed to a person. as a citizen I have noticed many impressive changes in the government services they are quicker and more advanced, even the prevention of many security leaks concerning corruption and privately owned organisations, i wish if only there would be focus on the quality of the streets, but i guess neom is on the priority ladder now.
I disagree, it would have been worse if he decided not to do anything and just sit on the glass throne he has right now to accidentally shatter anything. I agree this is a gamble but considering they are not rich for nothing, I am sure they had the best advisors in the world before announcing this plan to the rest of the world
What is also worth mentioning is the environmental implication of this project. The Line essentially is a 170 Km long and 468 meters high glass wall cutting through the desert, fragmenting its biodiversity, and endangering migratory species living there. Also, in a region where temperatures can go as high as 55 degree Celsius, one can only imagine the massive amount of energy it would require to cool down this 170 Km long greenhouse.
North Saudi Arabia is quite nice doesn’t go above 40 Celsius in the summer
@Bnaudah so everybody won't need to have their ACs cranked anymore?
@@Bnaudah What are you talking about?! Temperatures in Saudi Arabia easily reach 45 degrees in full summer heat
Rich arabs in the Gulf ESCAPE that place just for this reason alone!
Not to mention no one will want to spend their hard earned money going to KSA for a holiday,NEOM is a total joke!
No need to speculate, just do your own research and learn about what they're doing to address all these legitimate concerns. The project wasn't done by highschooler. It involved the best and brightest minds from the best consulting first around the world. Everything was looked into and run on an Agile basis meaning they'll change based on changing needs.
Excellent video integrating different sources of facts.
I work in Saudi Government sector and I can assure that there are many more initiatives taken by Saudi Govt. to diversify economy away from oil. NEOM and Qiddya are just few headline grabbing projects, but Saudi have many projects going on in industrial sector, chemicals, manufacturing and recently in IT services industries. Recent announcements from Microsoft and Oracle to establish regional data centers and invest billions of dollars is a testament. Moreover, there isn't 63% unemployment, many Saudis gave entered the job market and performing jobs at all levels. The skillset of Saudis have greatly improved compared a decade ago. Things are moving in right direction and it is just not the construction projects Saudi depends on. Moreover, Saudi Arabia is rich in other minerals too, which has been greatly untapped
أنا عربي ولدي مشكلة ، أطلب من زملائي العرب الانتباه إلى صورة ملفي الشخصي وإرسال بعض عملات البيتكوين لحل مشكلتي.
😂😂😂
I don't know why I am too attracted to your channel. Amazing ideas , perfect explanations and very needed information for young generations ,to learn from.
Keep up the good work 👏
We will always support you...
They started promoting tourism lately . I have seen some Indian influencers being flown to Saudi for promotion. they have roped big B it seems (he was the chief guest in Al Nassar PSG game ). But it would be difficult to challenge Dubai dominance
But people will surely bore from Dubai..it has nothing to offer except buildings and infrastructure
@@user-gn8zt2zx2i Saudi is doing same thing
@@user-gn8zt2zx2i
Yeah, natural landscape are best
The idea that it has to challenge Dubai is a myth.
Many of the western visitors in Saudi are based in Dubai.
If they succeed, they can create a hub in the Middle East that connects Neom, Dubai, and possibly Israel as the major business hubs in west Asia.
@@user-gn8zt2zx2i Nothing can beat Dubai....they will develop more n more and whole UAE will soon be in the leagues of Developed Nation.
Subbed because I enjoy your voice and you're a good looking good too. The good research and well put together story helped a bit also.
Great channel....I learned something today!
With all the horrible things going on it the world at present, sometimes there's a heartwarming bbright spot - like this one. Thank you, Think School.
Ganesh : Hi everybody!
.
.
Bro... This already makes my day... @thinkschool is an absolute gem of a channel.... Every week your team comes up with a new interesting topic and the hard work you people put behind the scenes is phenomenal. Huge respect ❤️
Pure anti-Saudi propaganda.
Nicely done! Subscribed!
The problem with Saudi Arabia is that countries like UAE and Qatar have been pushing ahead with their diversification much earlier than Saudi Arabia, so the "middle eastern tourism heavens" titles have been snapped up by those countries. These countries have managed to build up a hospitality brand by means of their airlines, which have developed their fame all around the world. I mean, airlines like Emirates and Etihad (UAE flag carriers) and Qatar airways (flag carrier of Qatar) have done HUMONGOUS levels of publicity of the hospitality for UAE and Qatar. But the thing is, Saudi Arabia doesn't have such international level of hospitality reputation that UAE and Qatar have. This makes it disadvantageous for Saudi Arabia to attempt to diversify.
Also, apparently, there were gigantic aquifers under the Arabian peninsula which were formed almost 10,000 to 15,000 years ago when the monsoons were more northern oriented. However, Saudi Arabia, in its desperate bid for food security, drained up large quantities of those aquifers to irrigate its fields to the point that almost 60%-70% of those aquifers are depleted now, forcing Saudi Arabia to shift its food to other countries, and to increasingly rely on its desalination plants. It also has to plan for new plants to cover for this deficit as well.
Some back of the hand calculations have said that Saudi Arabia if being forced to use almost 25% of the oil it produces just to power the desalination plants because of its water scarcity, which is projected to increase further to around 50% when the aquifers inevitably run out by the 2030s and the kingdom is forced to rely entirely on desalination. This would be disastrous if the Saudis don't diversify its energy mix quick enough.
Also, there has been some argument by experts who claim that Saudi Arabia is fudging its numbers and inflating its claims of its oil reserves by almost 40%, which puts the kingdom in a bigger problem.
Compared to previous case studies it's average bro.. just take this as a feedback...love think school ❤️❤️❤️❤️❤️
The Line is just a part of NEOM. I think most of the points made are based on what has been published in some sections of Western media. The location of Neom is very important. For that you have to understand the Geography of the region. Have fun speculating on outcomes.
They said that. Your point was addressed. Watch it again.
This was great!!!
Great Stuff. Thanks
I loved the way the subject was explained.Fluid language,simply put,good anchoring skills. Regarding project,it’s mind boggling. Very exciting concept. Wishing Saudi Arabia all the best.
Kudos to the team for such a deep research and valuable stuff.
Having anything to do with water sports or beaches in a land that demonizes a woman's beauty or body is a very bad idea. Western women will be killed for wearing a bathing suit - especially a bikini. He is inviting disaster by trying to create this type of tourism.
Another great one🎩🙌🙏
Your videos are well researched but each and every video I watched from this channel, I can confidently say that you stretch the situation beyond what it actually is.
Thank you for covering this topic 😍😍
I was just researching about the Neom city from last few days.
Hi Thinkschool,
Please make the correction as the breakeven cost mentioned in the video isn’t related to actual production cost. The cost mentioned in the video is Fiscal Breakeven cost which basically means the minimum price of the oil per barrel at which Saudi Arabia has to sell in the given fiscal to meet the budget requirements without going into deficit.
The actual production cost for Saudi Arabia is around 9-10 dollar per barrel. You can triangulate the data from the Saudi Aramco Financials statement.
@Imara Chaturvedi "The break even term mentioned in the video is FISCAL breakeven and not just break even!! As in, its not the cost needed to recover the production cost but the cost that oil needs to be sold at to not shake the budget!! So while oil companies (Like Aramco) profit from selling oil, oil COUNTRIES are considered to profit only when their oil profits can cover govt spends!!"
Pin worthy
Truly said!
I think you’re talking the wrong point. They are referring to the National Wealth Fund, so the relevant numbers is fiscal break even.
This project is never going to happen as planned. Everything always costs more than estimated.
Thank you very informative video
The best thing I like about your videos are that - they are always balanced. The context is given out first, then the pros and cons and then sum it up with study materials provided. And almost perfect timing of every video - between 15 to 20 minutes. Kudos for this perfection, Team TS!
KSA needs $90 per barrel not to break even the cost of oil production but balance the books.. meaning to run the country (they have high expenditures) and not many other sources of income.
KSA need not worry they have enough gold and other mineral deposits.
That would not be enough in the long run.
They got phosphate, that’s about it. There are so many other countries who are wealthier in natural resources and minerals and with a much greater variety.
The only thing is that such a huge project would have been planned over a long time and would not be started unless it was guaranteed to be successful.
Good presentation !!! ... 👍
It deserves to be mentioned that Saudi has one of the lowest costs of oil production in the world. They can keep making money even if the price of oil falls to 30 dollars. The break even point shown in the video is the fiscal break even point where the cost of the country's social programs is added into it. As rightly stated in the video Saudi's societal problems are supported by oil income and that support is drawn from Saudi Aramco the oil producing company.
The video should have also mentioned all the earlier cities that were conceived and came to a halt.
And 7 years seems to be a short span for the city to be close to completion in any reasonable way.
A lot of Saudis earn from Kafala system so they are "unemployed". This corrupt strategy resembles a form of indirect slavery, making it harder for migrants to escape such dreadful situations. Female domestic workers who attempt to run away fall victim to sex traffickers. The power of the Kafala system is the fuel for contemporary modern-day slavery.
@ThinkSchool Please Make a video on the way you create these videos from backend to frontline with all nuances and details required to be it so amazing🙏🙏
Awesome Presentation
At the 3;30 mark, you show Saudi's breakeven (or Cost or to produce) at about USD 90 per barrel, in 2013.
In 2013, I created an Excel Spreadsheet, showing Saudi Arabia's Cost per Barrel of Oil was about USD 13.
The guy don't understand Saudi's cost for producing a barrel is around 10 USD per BARREL and MBS is trying to steer his country out of a banana Republic situation. All big economic turn arounds are risky business and there is no easy way out. This is like China opening up in 1978, it was a risky move too😊.
Excellent collection of data, delivery of message, your passion towards geo political , economic analysis are amazing,hats off to you my son
You can easily become a world class business prof. Everyone here must feel like this, just because of your content. Pin point indicators and their simple realistic explanations make you so great. Keep up the work buddy !!!
I am a fan and former resident of the KSA. I was treated very well by the people there and have a fondness for the country. The land is both enchanting and harsh. It’s no surprise that the country faces challenges in its pursuit to continued greatness. I am sure they will continue to accomplish great things but they are going to have to get creative to make it happen. I have faith in there ability to overcome the challenges in front of them.
As long as Kerala is allowed in there, progress is certain
thank you!
Khashoggi???
If Saudi has one fault to be picked at, western countries hv countless
Bro did you just imply that Saudi Arabia has only 1 fault?
1. Jamal Khashoggi murder was approved by MBS
2. Torture is legal and common in the kingdom
3. Lack of freedom of the press
4. Lack of Women’s rights
5. Lack of religious freedom
6. Countless Political prisioneros including: Walid Fitaihi, Hassan al-Maliki, Samar Badawi and Nassima al-Sada.
great case study bro
Having been is Saudi for academic reasons, i think they need to invest more in Science, Maths, and accounting studies. I was shocked to find nearly 40% at a University are studying Humanity courses, e.g Religion, literature, etc
They didn't!
It's not a STEM or high-tech country. Oil money funds welfare for everyone. 80% of workers are foreigners. When the oil money ends in 10-20 years, it goes back to looking like Yemen or Afghanistan.
Religion is controlling that country they are too backwards to cause about science and math as much as religion
Yup..education sucks in saudi
A perfected religion is more important than flawed imperfect science
As a Saudi citizen, the whole era is extremely fascinating. I hope we somehow emerge victorious by the end of the coming 50 years.
In Shah Allah Saudi Arabia will emerge.As an expat I feel like it's high tym that I need to contribute for my second home.
@@nadeemahmed4969 thanks bro.
@PM S Thanks indeed.
Very informative presentation. I think this is why both the US and EU are pivoting out of the Middle East.
Great Very informative. All facts are online with my thoughts about SA
Blessed to have been born in incredible India 🇮🇳...
🤣🤣🤣🤣
❣️🇮🇳
But we aren't happy to have you. 😄
Yes born free to perform "Sar tan se judaa" activities.
@@v1.commander108 Tu Anti woke nahi hai, ghatiya aadmi hai... Coming from a Hindu. Saboot chahiye? Jay Shree Ram!
You are one of the few content creator, where the research, depth of understanding and the style of expressing it is way is pretty top notch. Appreciating effort. In first 5 min of the video I hit the Subscribe Button.
Nice video!
well explained
Nice Episode...Ganesh please cover a topic on Global economy...I mean how all the countries are in debt and they are buying each others debt....how the value of the currency is decided? How much money can a country print etc....
Great analysis, insightful data and mesmerising presentation. Amazing bhaie❤
Good analysis
Fantastic idea. Let's build a 50 billion city in the middle of the desert. MBS is a genius. I'm certain this project will be extremely successful.
❤😂🎉😢😮😅😊
Again superb case study, hats off to you. Thanks for sharing this valuable information with us. Keep it up bro 😊💐
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@@maryperry2460 You are right.
But I don't know why people remain poor due to ignorance..
@@carlgarza556 It's not ignorance but unprofessional broker in the market
i absolutely love your background. where can i get that
Very good presentation
Think School, your dedication in doing the research and then explaining in a layman's language is worth appreciating.
Beware of relying only on biased sources like this.
I asked him to provide the source of 63% of population under 30 are unemployed. And I’m still waiting??
Broo can you do a story on adani's stock manipulation. It would be of great knowledge ☺️
Watch akshat srivastav video. He had given a great explanation.
Obviously this guy won't
@@praddumnvats6759 y tho??
@@bharathsingh6566..he is aligned with the right wing
@@praddumnvats6759 ohhh, like dhruv and Akash... We know how left they are. Always against development.
I've been waiting decades for this announcement. I hope I will witness the downfall of this autocracy.
Just how much pressure does MBS have on his back? Running a nation is really carrying a cross. I salute MBS for being fierce and innovative for his country. NEOM is a do-or-die project. Though young, MBS is the only one with enough balls to bring massive change in his country. I hope for the best.
Saudi Arabia is really in hurry to do something better for their country before the time runs out.
Too late.....
#Can't Fix Stupid
Very very thorough PODCAST ❤❤❤
Don't build the biggest stupid vanity projects like the great desert glass wall
Hahah oh men mankind has truly been blessed if we can just take the time to appreciate all that we have accomplished. This history is still being written I would not presume too much And I wish him all the best for his nation.
Thank you. Again a thorough analysis presented in simple way❤.
I think the data is wrong, saudi dependency on oil is more than 85% & they are still very profitable. Interesting thing is Saudi Arabia is one of the 20 countries that enjoy a current account surplus.
what does current account surplus actually mean? like do they get loans easier or something?
@@imranmohsin9545 Export more, import less..
@@imranmohsin9545 precisely.
Abe ye Pakistan ka imaan🧕 ka chout chatne chatu, Kya Kar Rahi Hai Teri Iman, uski chnl chodke yanha kaise agaya tu.
They are living on borrowed time.
This kinda reminds me of Vegas with Bugsy Siegel(@ C note in years ago)who started the place on a dream, then went way over budget which cost him in the end!!!
good work
Wonderful explanation ❤️
After few average content, this is very fresh and new. Thanks Ganesh.
Its difficult to make quality always but we expect no less from you.
Saudi Arabia is already suffering,
Nearly 10 million homeless people in Saudi arabia, food prices sky high, people unable to afford basic necessities like bread and water.
Media is very secretive there.
Changes are important and things are changing very quickly from material to human made things. much of Muslim countries should study future than Past to survive. Humanity are very free and can not be dependent on unless beneficial to. It works both ways.
I am working on this project. Till date this project is still possible and money started flowing.
Hey think school pls make a video on carrier options and related stuff I'm so confused i dunno what will I do in future your suggestions will help a lot currently I'm in 10th grade and i love watching your videos I'm fascinated by how you put up facts in such a simple and easy way. Kindly consider my request thankyou.
The resorts project however are so cool!
Thanks
Kudos what a analysis, keep it up!
Kinda surprised such an ambitious project does not have a precursor proto type on a smaller scale to see how viable a line project really is! And what about all the unexpected/ unplanned natural disasters that could happen.
Yes. How about a 10 km long pilot project.
thanks for the smart explanation. I do not see that much sense to build such a narrow city. a sandstorm can cover it. It will look like the condominiums built around a subway, very crowded. I am sure they will build more around it after a while.
Excellent