Re:China Stock Market Drops 8.5%
by gabbo on Monday August 24, 2015 @12:18PM
(#10110885)
Saudi can just borrow money to help ride things out, their debt-to-GDP is incredibly low (like 3%). That got up to 100% in the early 90s, IIRC, when government revenues had been hurt by a protracted period of lower oil prices.
[ Parent
| on HN ]
There are no comments on this comment yet.