Oxfam expects the world’s first trillionaire within a decade and poverty to end in 229 years!…
The Saudi palace coup, the oil market, China and the US Ali Kadri
Trouble has been brewing in Saudi Arabia, the jewel of the US empire, under the very eyes of the imperialists. Since circa 1980, the socially stabilising economic redistribution mechanisms, the objective pillars holding society together, were neoliberally eroded. As for the subjective grounds, or the political US-backing that the Saudi monarchy enjoys, it so happens that until about 2011, the timing of the Arab Spring, the Saudi-comprador class’ surreal social and political practice received low-key criticism.
Oil_Market (Download the full text in PDF format)