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Politics : Foreign Affairs Discussion Group
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To: geode00 who wrote (166230)7/16/2005 3:44:32 PM
From: Sun Tzu  Read Replies (1) of 281500
 
>> Why is there 30% unemployment in this oil rich state?

Because the Saudi regime has never trusted its own people enough to put them in charge of anything half important, lest they use their position to oppose it. This is why from national defense to the mundane the work is outsourced to foreigners.

>> Have they destroyed their reserves with water and are now sitting on much less than they claim?

I don't know. But sine OPEC production quota is tied to each member's reserve, it is likely they exaggerated it.

>> How tenuous is the hold the Sauds have on the country in the face of the extremism and lousy economic conditions?

I think a good solution is to help the Saudi Shia win their independence. Since the oil fields are in the Shia region, this will solve two problems at once.
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