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- เผยแพร่เมื่อ 11 ต.ค. 2024
- Saudi Royals are liquidating their assets worth Millions. Real Estate, yachts, artwork & jewels, they're selling it all. Is it because they want to hide their wealth or do they fear a purge by Crown Prince MBS? Molly Gambhir reports.
#Gravitas #SaudiRoyals #Assets
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They have learnt from Russia that having assets overseas is nothing but a a hindrance to their sovereignty. They have viewed first hand that countries only allow them purchase those assets to use as leverage against them when it comes to forcing their national interest policies down the throat of adversaries. as such in order not to be held at ransom best is to be economically and financially free from potential enemies. The heightened tension of oil politics between the west and Saudis is the driving force behind this move.
And yet in the case of the west, they do it to themselves... especially since the latest so called administration came into being.
It’s not like Canada doesn’t have the worlds second or third largest proven oil reserves or anything, or that with today’s prices it’s not economically viable to restart drilling and fracking in the US either...
They just want to strangle themselves and their people.
Agree, makes sense
Saudi's have come to realization that they also on USA top ten list. Kissinger always said uncle Sam has no friends, just assets, as in kiss them goodbye.
Yep same suh
this is one of the more practical answers as opposed to all these comments from these religious gloom & doomer nut jobs...it has nothing to do with the decline of the dollar, because if that was the case, the Emirati/Qatari/Bahraini/Omani royal families would be selling off "foreign assets "as well. Saudi royals are taking note of the Russian billionaire oligarchs and they don't want to end up in the same boat...or yacht lol...that simple...
It’s not safe for any royals or politicians or oligarchs of these countries to keep their assets is west. After what happened to Russian oligarch, the west can any time freeze their assets.
Yup, and we just get to continually reap the rewards of the governments doing that with our $2 a liter fuel full of ethanol.
Very true
That's right, but it's not the reason for the sales...unless the Sauds are secretly planning on conquering a peaceful neighbor and want to get out in front of the ethical blowback.
Everyone should remember, ethically, the Sauds are not any better than Putin. All of these corrupt regimes put their money at risk when they invest in western nations that have a more modern rule of law.
It's not safe for any country to have gold reserves on deposit at the federal reserve , since Richard Nixon , knocked everyone's gold , before Watergate broke .
Don't forget the movie stars corporate leaders politicians presidents kings queens popes and his minions. 1% of the world controlled the world now 1% will be locked away or sentence for the crimes they have committed ⚰️⚰️🎯⚰️⚰️ burn in hell Lucifer's waiting for them.
There is a shift in the geopolitical wind. Saudis are changing their camp. The ongoing European conflict has showed how foreign assets get confiscated with no time to act.
People who watch this channel are so brainwashed it's unreal. Russia knew exactly what was going to happen and had even prepared for it for years!!
@@lukemurray4950
Well for starters, USA has become from world's biggest oil importer to world's biggest oil producer over last six to eight years. Saudis know that USA don't need gulf oil, so naturally they would seek out the second biggest oil consumer, or the third biggest. The gulf countries would always keep converting their oil money into better security systems, no matter what. The only difference is that USA ain't going to be made part of that. Sooner or later Saudis will find themselves in crossfire, while sitting on that oil money, they might be just preparing themselves.
@@GD-mw1kd biden literally begged the Saudi to produce oil for America and they refused
I think they are also investing in solar; with them being in the desert, it sounds like a brilliant idea to me. I guess we will see where things go in the Persian Gulf.
@@KingsKeep The Arabians could get tons of power from solar panels; it's so sunny there.
The attitude of America and its Western allies towards Russia changed the trust on America and its Western allies. As the Saudi Arabia took the stand against America, it fear that in turn America and its Western allies frieze their assets in that countries.
We wouldnt do that unless they attacked someone,its not how shit works,you have a kleptocracy invading a sovereign state and ruining private citizens property ,who is gonna replace it,im sure insurance isnt gonna rebuild Ukraine,thisis best for the little guy,they will get proceeds for weapons to defend themselves and to rebuild and feed their people.same type of deal after WW2 for Germany and Japan,they are almost done paying reparations for destroying millions of lives.
And that's a good thing, for the west. At certain points in history there comes a time when you have to choose between right and wrong. Putin's invasion of Ukraine is 100% wrong. Enabling him in any way, shape or form is unethical and immoral. The west is doing what ethics and morality dictate.
@Moni Penny I think we'd be in total agreement on Iraq. The others, not.
The rest of your comment sounds like it came from RT, so I don't take it seriously. Who invaded who, and what has it led to?
What fascinates me is that you'd compare instances of U.S. or U.K. committing a relatively few war crimes hear or there with what Russia is currently doing to Ukraine as a matter of practice. And what did Putin do in Syria, and Grozny; and how did he get himself elected in the first place? Have you read Putin's Kleptocracy, for example? Yes, I see that no country does everything by the book, but somehow attempting to equate Putin with anyone in the west does not make you look good. The world's a messy place. The ones who make it the messiest are those like Putin. I'm not on his side and I don't apologize for it. I'm very glad for anything done to make his life more difficult. My only Russian friend agrees. And I sure as hell am glad for the Ukrainian people that they don't have to live under a Putin puppet rather than Zelenskyy.
@Moni Penny Sure. Just exchanging ideas here. It's how we come to conclusions.
The attitude ? FFS Russia declared war on a sovereign nation …Ukraine
They are getting rid of assets in countries which have a habit of 'freezing' (I.e grabbing) assets in their countries. Saudi Arabia has been disobedient lately.
Saisir ? VOLER est plus approprié entre pirates escrocs.
@Moni Penny Saudi Arabia is an absolute Monarchy run by a Royal Family. There’s never been a coup is Saudi history so it’s never possible. And btw MBS is not the king yet so technically the US can’t overthrow him.
@@alialshehri6977 There never was a coup in Saudi for two reasons:
1. The royal family maintains strong grip
2. They have always kept good relations with the US
Islamo fascism starts with Saudi and Qatar … regime change in both countries will bring the end of Islamo fascism
@@alialshehri6977 coup in SA
1. start campaign against them in media
2. blow up their oil a bit
3. start to smuggle weapons in country
4. boom
These rulers could have benefited humanity so much by improving the infrastructure of their cities and countries, improved education for all, invested in sustainable agriculture. But they've spent it on selfish lavishness. What a shame.
Agreed!
They will sell more of their assets held abroad.the situation with Russian Frozen money abroad is an eye opener
But they’ve been selling long before Russia though. How’s that logical?
@@KKOPPONG As a saudi the only explanation i can get is that MBS is cracking down on more corruption. Meaning some royals will need to liquidate in order to payback. Again this is just my thoughts and i could be wrong.
@@alialeid2637 how do you view his leadership? Isn’t he corrupt?
@@alialeid2637 Don't answer @Ali Aleid he could be a spy. I hear the crowned Prince is giving bounties to expose 'disloyals' those that defame or expose him @ international stage
@@KKOPPONG Al Saud family aren't the legitimate leaders and only been placed by the British to serve the West!
The question Wion should ask: Where these Royal bastards got their wealth not they're selling their wealth?
Saudi oil revenues 60% go to 6,000 Royals plus families, and 40% to 25 million Saudi population!
Freezing of assets of Russians Oligarchs is a lesson to learned...the prince are just taking precautionary measures of their assets against American's sanctions in the future...
They want to keep their monies home instead of them purchasing luxuries outside and getting notoriety from it. They should sell their investments in foreign sports clubs too.
You really don't get why they are buying these sports teams though. It's to have influence over the thing that influence western people the most. It's not a tactic I agree with but you cannot act like it's not beneficial for them.
Try to differentiate between investments and extravaganza spending state money on luxuries for personal use.
but... those are income generators, (unlike the several estates that just sat empty for sometimes years on end.. until they finally decided to spend a week in LA or wherever.)
Dont worry, soon they will be selling sports club too.
@@zizimai7568 Happy waiting. You are probably no longer alive to see that happens.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
I truly agree with you on that,
I must say crypto is the future and with the way Bitcoin is climbing so high it's really advisable for people to invest now.
Mrs Kamilla helped me recovered all I've lost trading by myself
Ever since I lost my job with the ministry, I have been surviving through my investment with her, am so glad I invested when I did. I’m earring $25k weekly with her
Investment is that tiny line that separates the rich from the poor.
I think something major is coming...We are going back to a time where economic activity and travel is severely downgraded...I think the transition is going to see a lot of things much coveted become unusable... unmaintainable in the new world order of things...I think going local is going to be a new trend
The dollar is going down, most of these so called assets will become liabilities
I agree! I don't know what it is but, I can feel it.
I too am in favour of going local where possible.
global conflict
@@Elemblue2 i too think we have a lot of good here to try and hold on to...youre right about flipping the table...but i think its the currency kingpins finding themselves in an inevitable mess from their corrupt financial system...they cant fix it so theyre blaming it on anything other than themselves while they crash it and set up another one with rules they wrote themselves...
because its too much to keep already ..
Maybe they are trying to invest their assets in gold which is safer to do right now instead of currency.
Yes I think your right they are dumping the Dollar which is worthless
@@collettebrynes1075 Don't call $ worthless, They will print more of it
Gold isn't as much investment because people who use to put their money on gold turned to cryptocurrency
Gold just dropped to 1999 the dollar and euro is doing well considering inflation is everywhere
@@Vamshk 😂what?
Thru don't want you to freeze it.
They're learning from what had happened to the Russian oligarchs.
Yes. They had their assets & bank accounts confiscated by US & UK govt.
@@marcelanoryadi9110 even worst murdered in their own home, they're cruel to do such thing.
Al Saud of (Bani Hanifa)
Even before covid started. Somethings up.
Lots things changed. Lots
its sad to see the amount of wealth concentrated among few individuals, while rest of the country is in poverty
wtf, how said that we are poor lmao .
That’s happening all around the world the politicians fill up their pockets and put new taxes to fund their retirement
I thought the assets they were selling would be in billions. 600 mil is a lot of money but to saud's royal families isn't much imo
That's just 3 individuals
There are hundreds more like them who haven't sold/disclosed
Agree 600 million is chump change for them
@@mohammedarafatlone $tfu
@@whataboutism3660 what's wrong with you?!
@@whataboutism3660 wtf !
Reducing exposure to robbery, and theft.
Who would keep assets in the west when they can be taken at the slightest pretext by Western Countries railing against Wealthy individuals
Answer me this now. Why would anyone keep assets in the west ? Haha
@Nova Flares I know lmao
Invading independent country in Europe you call: Slightest pretext . 😂
@@MP-qh2mv giving nazis weapons is the solution?
@@MP-qh2mv It is a pretext.. I bet you can also find one good enough to justify your wife's unfaithful event.
If you don't hold it, you don't own it. Period!!!
Maybe we should sell off our assets too. There’s some reason they’re selling at this time with so many countries having so much financial problems.
Elon Musk sold all his houses also.
Assets are worth more than money when there are financial problems. Currencies can fail or lose value. Homes and art are timeless.
@@Rnankn If some war should happen that would put assets at risk of damage or total destruction it would be better to have cash,gold etc than physical houses that can't be liquidated fast enough for the owner.
And stocking up on Gold!
They are learning from the sanctions applied to Russia. Just imagine the US and allies sanctions Saudi, the monarch will collapse. Saudi is slowly moving away from the US and getting closer to Iran. India should do the same, keep your assets away from the west.
And closer to whom? China?
Keep it in your home country!
What?closer to iran? Saudi and Iran are enemy they cant go together 😁
To who? Iran. I think you know nothing about politics or anything like it it's just way out of your tiny brain
I was going to say the same thing, everyone is commenting about the west, but don't have a clue what China is up to. China is literally taking over the Indo Pacific sea right now and the Biden administration and NATO are to in deep with Ukraine and saving their own butts to worry about what China is doing.
Also they know the dollar is getting ready to drop.
To avoid future American and European sanctions.
A bill is being created currently to seize Russian assets in the West. They say its for the "reconstruction" of Ukraine. But we all know where it's going to go.
100 %
Keep an eye on the value of the dollar. I feel some foresee it's fall.
We miss Palki….please bring her back
She’s probably on vacation.
Giving birth
She's putting on her sari
She's in Maui Hawaii
The others are doing a great job or even better. Forget about Palki already move on.
Congratulations for such a wonderful presentation 💖
The Oligarch asset seizure was a wake up call to the rich
@Andres de Klerk, They were and are told to sell by the man who is identified in Daniel and Revelation in the Bible. Only through studying these books with much prayer, can you know for a surety who he is.
At this moment in time, we are living in chapters 13 and 14 of the book of Revelation. And Revelation chapter 1 verse 3 says, Blessed is he that readeth and they that hear the words of this prophecy and keepeth those things which are written therein for the timebis at hand.
@Andres de Klerk, may you be blessed as you seek to read and understand these books.
@@denisebarfield9136 You are right I am reading on daily basis to comprehend his words. The book of Revelation is it the one he handed at the Island of Patmos. I want to be sure. Thanks!
@@tashalorm4313 Hello Sister @Tasha Lorm. Thanks for your reply. Yes sis. it's the book of Revelation which John the Revelator received on the Island of Patmos.
@@tashalorm4313 If you have any questions let me know. Thanks
@@denisebarfield9136 Thanks!
To avoid losing it to sanctions,in the future?
Because it is items priced in dollars and they are selling dollar assets, possibly to pay off dollar-based debt or moving to other things. Or they can't be seized.
before freezing the properties better to sell.
The US at the long run will only end up hurt. Countries around the world will be limited in making investments in the west. I see ver hard times coming.
They are selling at the top. Shriners own the US
This what 1% What
A drop in the bucket for these guys
They want to get rid of their USD holdings...
There is a tectonic shift happening in terms of the "reserve currency" status of the USD
The USD is strengthening.
Petro Dollar 💵 on its way out, just like how the Asian markets continue to Dump the USD from financial markets
@@antpoo - Why do you think so?
@@nitishjoshi_ because of Fed talk about raising interest rates. USD strengthening and US treasuries are rising so to fear of more interest rate rises.
I know it probably sounds cool and edgy to want the dollar to crash, but USD is 60% of world currency reserves. Next up is Chinese Yen at 4%. USD isn't crashing any time soon without something drastic, and then it affects the entire world. The whole thing, all of us, and the wealthiest few in the world will profit off that, whereas, regular folks will never ever recover. To lose its status gradually, slowly, maybe it works out, but don't be wishing for the dollar to be crashing over a matter of hours or days. Cause you're screwed too in that scenario.
Thank you for sharing
It's the indication of a big change in the policy of Saudi Arabia.
Not a safe investment in the UK, or US !
They saw Russia
That’s why smart countries have been saving gold bars
There are thousands of Saudi princes. Therefore, I wonder how rich each one really is.
MBS is putting an end to Robbery of the people's wealth by these so called Princes
I used to know one back in college. I don't think he was powerful, mostly just a regular dude. He got enough free money from his status to buy a new sports car every month, or at least it seemed like every month.
@@fusion9619 Wow. They fritter away their money; no wonder they're taking bribes.
A lot of them are beggars with no pedigree ,education or breeding who have been eating off state resources in past 70 to 80 yrs ,prior to oil boom a bunch of afro asiatic nomads who roamed the deserts of arabia .nothing more ,nothing less kind rgds
@@prasadpanicker3047 Pot calling the kettle black. Hmm.
Or maybe they have insight as to whats coming...in the future.🤷♀️
I'm kinda more curious about *who bought* than who sold.
Me too ! 😅
Money in hand.
Saudi Royals were not known for purchasing properties outside Saudi Arabia. For instance Cheikh Yamani, the prince and Saudi oil Minister was removed in 1982 for buying a bungalow building in USA. If the present Royals have gone to the extent of buying luxury properties outside the country it is not good enough. That is capital flight.
But as they are now selling those properties I'm sure it is a good decision.
MBS is strict and the Saudi Royals are afraid of him.
Thanks for your submission, I wrote about what a newspaper in my country, Nigeria wrote about Yamani in 1982. If the information was not true then the newspaper misled me.
This is one of the things I like in this platform, knowledge sharing.
I hope the young people will learn from both of us about the way we made our submission instead of using abusive language. Thanks very much once again for your submission.
@@twenuaba Thanks very much for this.
Yamani isn't a prince or Sheikh or a royal he is just a former minister nothing more I'm Saudi so I know this for a fact!
600 million dollars only? They ain't selling assets, they are getting changes.
Everything is fine, they just move some assets into the country for safety and some sell related to inheritance distribution before they die
Thank you
Help us
Saud family net worth is 1.7 Trillion $
Some people don't have money to feed themselves and their families, and some have more money than they can handle, What a cruel world😶
Poor people should use condoms and save money
It's called reality
@@adityaprasad9759 dont be a hater...you will always stay poor...Allah has blessed our bros in the gulf...Say Mashallah! dont be jelouse
@@showcomdigital346 Yes Allah has blessed these parasites and monsters with immense wealth but what good are they doing to the neighbouring Muslim countries around them??? Look around you you must have brains between you're ears and eyes to see of the suffering in Yemen, Palestine, Syria or you only care about yourself like like all the Saudis Royals!???
@@showcomdigital346 They have oil money. Nothing to do with Allah.
Because they been warned something big about to happen sooner than they were aspect to happen
they are just selling non income operating assets which costs allot to maintain and to use the cash to purchase net income operating assets thats the real story
@Ishaan Jain not true, cuz most financial advisors advised all the wealthy people worldwide to get rid of their de evaluated assets which have no value in todays markets, such as i.e paintings have no value today cuz all the rich billionaires are young and they want nfts even the Rockefeller , Rothschilds and etc got rid of their assets these past few years , and the most of their homes are outdated and have 30 more years of building life so rather than demolishing and rebuilding it which has a cost , they should rather just sell it at premium and get a new asset. Same goes to the yachts
Why are they only choosing to do that now?
Maybe 🤔
The real reason is that they know that the banking system is about to crash.
so they dont get sanctioned for their next move
which is their move to sell oil in Yuan
@@cs4u ya until you relieve your assets are under Chinese control. Good luck with that.
The beginning of separation ofcourse lol
Saudi Arabia should stop requiring dollars for oil. Make Riyal the currency of choice for Saudi oil.
WW3 will break out when that happens
or yuan / ruble.
lol, and then get invaded or overthown by the US
And then get hit by TomHawk
the riyal is part of the dollar they are stuck as 3.75 sar for one us dollar for tens of years
Dollar collapse is inevitable. Sell all dollars while you still can.
Keep ur liquidity at home to avoid been illegally captured by the west vultures
Cheers from west Africa
🦅
that eagle says it all 😁😁
Smart African!
Cheers fellow African 👍
African natural resources are being looted western nation on the name of various companuies
YES THE US HAS BEEN STEALING MONEY FOREVER , THEY STEAL OUR MONEY HERE TOO. 60 PERCENT TAX RATE FOR THE POOR WE STARVE AND LIVE HOMELESS , MEXICANS IN FOR RUDE AWAKENING .
they are afraid they will be seized best liquidate now
Am I the only one who felt 600 million is less for Saudi royals?
Royal 😂😂😂
Money earned by Halal Economy and making slaves 😂😂😂
Thank you for the interesting news clip.
They are just selling because the market is hot. Soon houses will go down in value, so time to take profits.
Most of this were before Russia's war, and is "just" 600 million, the royal Saudi family is said to be worth 1.3 trillion
I'll bet they're converting it to gold, not cash.
Would also make sense to sell if you know war is coming, and it"s definitely coming when everyone chooses which side they are on based on hemispherical strategical benefits .
Was thinking the same thing especially with Biden begging them to pump more oil and they said no and now Europe is scrambling to seek oil because they're being pressured into getting rid of Russian energy, if I were the Saudi people I would do the same thing sell all assets that can be hijacked by the west and invest that money into weapons.
@@violetsrayreikishop2 Exactly, if it doesn't happen now, trust me, it will. Everybody's picking sides and if you see what they are thinking about the way America is treating it's allies like India and Saudi Arabia when they were calling Biden and he said right now he doesn't want to talk to no Muslims and the next week he tried calling them and they refused to answer. You'll get where all this is going right now. Even if it takes everybody 2 years to find the right alies, trust me war is coming and it's gonna be bigger than Russia and Ukraine.
The war will push the world into an economic recession. The paying ability of people to pay for basic commodities is going to get affected seriously. In such a state of economy, expensive luxuries will not only become unsellable due to absence of buyers, but will cost a tonne of cash to maintain such goods. In such a state, it sounds like a better idea to sell off such goods to bring cash flow into the country than to let it out. As during a war its usually all countries fending for themselves making most foreign assets undissolvable. Also they know something the rest of the world doesn't. That's the intriguing part.
What are you even saying...talking about purchasing power when one single man has bought twitter for 44billion
@@split6543 Elon Musk has staked 44Bn dollars to buying Twitter. Doesn't mean he's funding the buy. Blackrock and other such Risk Management Organisations are. If you knew your global funding 101, you wouldn't be saying this.
That's the plan of the global elite.
Inflation to suppress people from having wealth. Ie: start a war in ukraine.
@@split6543 the guy makes a good point. The inflation of goods is slowly happening. And one man out of 7 billion buys a company. Why is it that only one man can purchase it?
@@Seansyy62 point to be noted also
Brave to speak up
Whenever a reporter says, "Other people say", they mean, they themselves are saying it. Not other people.
Some people say😂
Once someone told me 🤗
I know right?
This Prince is doing the right thing. How can individual people who are of Royal descent make so much wealth from the People's wealth (oil) ? MBS is a revolutionary leader who will make Saudi Arabia the next UAE. God bless him and protect him always
MBS is not different from them
600 million is pocket change. Means nothing when their net worth are in billions.
no billions, but in $1.7 trillions
I understand why people are saying to take their assets away from countries that randomly seize assets, but in this situation and I'm not talking about some other time, did they "randomly"/ "unjustifiably" seize assets?? Didn't they do their due diligence before targeting those oligarchs?? And didn't they tell people why they did that?? And most accepted it! If they didn't, people would have probably raised a hell of a fuss if it was anyother "random" reason.
Besides was the average random rich Russian targeted?? I haven't heard of one yet. maybe those people are sitting comfortably somewhere in their European mansions waiting out everything.
Seizing assets is wrong, but come on, one country is literally invading and decimating another.
Or they are learning a lesson from russia's sanction? And getting ready for something? Jst a thought
That is my thought. I think they are moving out of dollar-based assets and now is a good time to sell. Something is brewing with petrodollar and I think this is tied to it.
Absolutely correct
Exactly
Nobody has really forgotten that it was the Saudis who flew jets into the World Trade Center.
@@christianvachon2235 what makes those assets dollar-based ?
This information seems to be a bit flawed considering that you're dating back 20 years of all assets that were sold by Royals. How could this information be valid as these Royals should own quite a bit more than a few properties over the last 20 years
Selling assets located abroad before theirs are confiscated too, for political reasons too.
4:00 he also cuts them up into manageable pieces.
Smart move, desperate problem required desperate solution.
In Summary:
News: "Saudi's are selling a lot of their things"
Viewer: "Why?"
News: "The reasons are numerous and unknowable"
...great job guys.
Hahahaha! This is the essense of all news now.
@@EA-ck4so nah this is Indian media...
It's a far right minister owned this who is responsible for communal violence against minorities in India...
This channel will always side with russia and Israel so nah....
This is biased towards other countries
maybe to convert to chinese currency
Most certainly The Best Comment By Far.
The most ignorant comment I've seen.
Wuhan money is not reliable
My Saudi Brothas be Ballin' Mashallah!...woot woot!!! Let the haters hate!!!
Has the crown prince tightened HIS purse strings🤨
EXCELLENT JOURNALISM
Being currupt with so much power cannot save you from downfall, history has shown us that. Someone will rise up and challenge you, they always do. The crown prince will meet his match.
@@Elemblue2 Better than what or whome?
I think you have lost track of what the video is saying.
Sometimes it's better to just leave things as they are.
600m to these folks is equal to $100 to you and me. You’re stretching.
600 million to them just a penny.
Wondering WHO are purshasing all those assets, you mentioned only one from the list.
If 600 million $ showed up in my mailbox I would build assistant living for my son and his school friends with autism and issues. We moms and dads are getting older and concerned about them when we are gone. We filled a ballroom when we met once. I have the place drawn/up and tucked away for my dream!
Thats why you can't own such amount of money
Hell all the best, I hope your dream is fulfilled soon.
The carers will kill your son and take 600M.
The Saudi Royals own a lot of property in rural Ireland. You an find some in Co. Kildare.
Dollar crash, yuan take over..🤔
They're getting ready to get out of town!
"Tel ka Bhoooot utar gaya Sheikhon ke sir se...!" Everything is Temporary in this world, Nothing is Permanent.
Because assets can be easily taken away if you are on the wrong side of the law
Better sell it before the u.s. gets a hold of it and never gives it back. 😂
They are prempting the US action, in case CIA performed a regime change in Saudi. The 1st action will be confiscate Saudi asset overseas, then economic embargo until regime change is performed.
Hard times have come to the mega-rich and oligarchs.
You're Good
Cash is crap. Hold on to it long enough, and toilet paper may outperform its value.😑
exactly what form of payment / currency, are they receiving for these assets ?
Honestly you have to give it to MBS he did bloodless coup … most places would have fallen into civil war .
@@zedgraystone1971 Did you even understand what the op wrote. Khashoggi was a Saudi. But never has a pathway to power. I'm not sure how he fits into the bloodless coup scenario??
Or you can look up the dictionary how a coup is defined.
600 million is a single drop in an ocean of Saudi wealth .
All of these assets are in the U.S. and some Western countries. Middle Eastern royals may want to sever their ties with the West.
World order is changing bro. Asia will lead next.