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A comment on Saudi stocks slump as minister warns of ‘painful’ measures ahead. Parent comment

Re:Saudi stocks slump as minister warns of ‘painful’ measure... by nickik on Sunday May 03, 2020 @07:16PM (#23062694)
Regimes like this often underestimate their own stability. There are tons of useless princes and government workers that are not really in a position to revolt if they get less money.

Unless there is a serious rift in the top level elites, they can survive.

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Re:Saudi stocks slump as minister warns of ‘painful’ measure... by 9nGQluzmnq3M on Sunday May 03, 2020 @07:46PM (#23062857)
The history of Saudi Arabia is the history of factional infighting in the Said family. MBS is not yet King and his rise & rule have ruffled a lot of feathers.

That said, the system of keeping the royal family fat and happy with lavish stipends is entirely by design.

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Re:Saudi stocks slump as minister warns of ‘painful’ measure... by nickik on Monday May 04, 2020 @03:49PM (#23072497)
The history of Saudi Arabia is also one of stability and much more consensus then infighting.

There are clearly more people getting payed, then strictly needed. I'm not saying it will be smooth, but they also all understand what happens to them if the Muslim Brotherhood or even AQ takes over Saudi Arabia. The US understand that also.

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