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Re:Why did renewables become so cheap so fast? by munk-a on Wednesday December 02, 2020 @07:49PM (#25283879)
Just to preempt the other obvious reply (Okay - so that's good for the House of Saud but what about the rest of the country?). If they're wise and invest that money into education they could just convert their current rather highly skilled resource economy into an economy focused on service, finances or defense.
Re:Why did renewables become so cheap so fast? by Trisell on Wednesday December 02, 2020 @08:27PM (#25284136)
The issue is that most Saudis don’t work. Most of the work done in that country is done by “lower classes” of non Saudis. So when the tap dries up and they all have to work. What do they do?
Re:Why did renewables become so cheap so fast? by sangnoir on Wednesday December 02, 2020 @09:28PM (#25284545)
> What do they do?

Realistically - they'll get deported to their home countries. There's no government on earth that will tolerate a non-citizen, non-refugee as a public charge with no prospect of being productive in the future. Foreigners are politically convenient scape-goats for all that is wrong with {ECONOMY|JOBS|CRIME|SERVICE DELIVERY}, and politicians will politic.

Re:Why did renewables become so cheap so fast? by tuatoru on Wednesday December 02, 2020 @09:38PM (#25284616)
By "they all have to work" gp is referring to Saudi citizens, not the migrant workers. They (citizens) won't get deported anywhere.

The migrants will try to migrate somewhere else that has work.

Re:Why did renewables become so cheap so fast? by spiritplumber on Wednesday December 02, 2020 @09:39PM (#25284621)
The "they" in "what do they do" refers to unproductive Saudi citizens, not productive Saudi immigrants.
Re:Why did renewables become so cheap so fast? by sangnoir on Thursday December 03, 2020 @12:26AM (#25285715)
Oh, I misunderstood the question. I think if the government can afford to pay about $58,000 p.a. to each citizen based on sovereign fund interest alone, we'll get to witness the biggest UBI experiment the world has ever seen.
Re:Why did renewables become so cheap so fast? by andrepd on Wednesday December 02, 2020 @10:11PM (#25284888)
The house of Saud crucifies dissidents and murders journalists with a bonesaw. What makes you think they would do what you're saying?
Re:Why did renewables become so cheap so fast? by fennecfoxen on Thursday December 03, 2020 @07:23AM (#25288170)
Now, now. That's simply not true. The bonesaw was only for disassembly of the journalist after the murder.