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

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 11 months 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.

[–] [email protected] 3 points 11 months ago (1 children)

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

[–] [email protected] 1 points 11 months 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.

[–] [email protected] 1 points 11 months ago

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