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Old 04-08-2015, 11:55 AM   #321
HockeyIlliterate
Powerplay Quarterback
 
Join Date: Jun 2013
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Quote:
Originally Posted by nik- View Post
Saudi deficit is more than double what they forecast. They predicted $39 billion ... it's actually $106 billion.

http://www.france24.com/en/20150408-...t-says-report/

They're entering the debt market instead of using their reserves.
Personally, I hope that no one subscribes to the Saudi debt offering...starve them out, if you will.

Besides, I thought that charging interest was against the Koran and Islamic law? Who is going to buy interest-free debt?
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