Quote:
Originally Posted by AltaGuy
The Saudis have - I think - almost a trillion bucks parked on Wall Street, that plays a massive role in funding the US Treasury. Unfortunately, no US politician is going to want to rock that apple cart too much.
Sadly, if you dig into Canada’s financial sector you’re going to find we’re also very vulnerable to the capital SA has at its disposal to weaponize.
This new three-way alliance between the US, Israel, and the Saudis has really emboldened the nutbars over there. Murdering a high-profile journalist on the soil of another country (embassy grounds, but whatever) is a very big deal.
MOD EDIT.
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I thought they were into the treasury market for about 10% of total US debt...like 180 billion. They also have their own stock market which is getting killed now. But I'm wondering if the biggest loss might be Aramco deciding to list somewhere other than the NYSE. That would break Trump's heart.
It is a garbage country. Too bad this will just disappear and arms deals and oil deals will go on.