We Live In A New World And The Saudis Are The First To Get It

Wednesday, December 24, 2014
By Paul Martin

by Tyler Durden

We live in a new world, and the Saudis are either the only or the first ones to understand that. Because they are so early to notice, and adapt, I would expect them to come out relatively well. But I would fear for many of the others. And that includes a real fear of pretty extreme reactions, and violence, in quite a few oil-producing nations that have kept a lid on their potential domestic unrest to date. It would also include a lot of ugliness in the US shale patch, with a great loss of jobs (something it will have in common with North Sea oil, among others), but perhaps even more with profound mayhem for many investors in US energy. And then we’re right back to your pension plans.

The Rest…HERE

2 Responses to “We Live In A New World And The Saudis Are The First To Get It”

  1. Stan522

    Merry Christmas to you and your family Paul Martin!

  2. Thank You, Stan!!

    You Also!!!


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