Can football save Saudi Arabia from an economic crisis? : Geopolitical Case Study
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VIDEO INTRODUCTION:
On the 1st of January 2023, Christiano Ronaldo officially moved from Manchester United to a Saudi football team named Al-Nassr. In this deal, Ronaldo is said to be paid 200 Million dollars per season which is 1600 crores per year which comes to 4.3 cr every single day!! and you will be stunned to know that in the past 2 years, Saudi Arabia has literally sucked out the most valuable players in European football. This includes Karim Benzema from Real Madrid and N’Golo Kante from Chelsea. Cristiano Ronaldo, Sadio Mané, and even Liverpool’s captain, Jordan Henderson. and suddenly the Saudi league has become the biggest football spender in the world with an expenditure $6.3bn in sports deals alone. Now while most people might think this to be yet another set of big money transfers, I have to tell you that Ronaldo’s transfer was a defining moment in the economic revolution that Saudi Arabia is pursuing!! because you know what guys Saudi Arabia is in some deep trouble!!! This is the reason why they not just buying players but also bidding for the World Cup and they are also holding some of the biggest sports events in the world!!
So the question is,
What are the critical problems that Saudi Arabia’s economy is facing?
Why are they investing so heavily in football?
What is their economic strategy to survive in the 21st century?
and lastly, what are the study materials to help you understand Saudi Arabia’s strategy better?
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The Chinese super league is a classic example of how money cannot buy success. The CSL clubs had a rapid rise but it fell drastically. The Saudi pro league would also meet the same fate if it doesn't change its strategy.
The only difference btw chinese super league n saudi pro league is saudi pro league is govt backed league where as chinese super league isnot.
@@demonakoddak3185 that's the first problem, the fact that the whole league is government-backed, this is not how football ever was, or ever will be.
There were no such player who could gain the number for china but in spl they are growing in number and now if they get the ucl spot then it will be more competitive
@@surajbagarty they can't get in ucl as ucl is organised by Union of European Football Associations (UEFA)
@@_casual but now there are several reports which tells that they are planning to get a spot without being regulated by UEFA
Iam an aspirant of UPSC this video is like watching my economy class, which we have Dutch disease, spillover effect, money multiplier etc.
nice catch! yes it's helpful for UPSC. If you are aspirant check out us
I learned the new concept dutch disease
Upsc fraud
Breakdown
First 50% - Saudi Arabia depends on oil and it's not sustainable
Next 40% - Saudi Arabia investing in sports
Next 10% - challenges with this strategy
These days I feel like I'm hearing the same points again and again. And less about the actual issue the video is about
Sports is the least profitable industry I can think of. They would have done better to just buy lots of shares in foreign companies.
@@Moses_VIISaudi isn't looking for returns from football itself. They are trying to change the outlook of Saudi in the western world
Twist is Saudi never wanted to make money from sports. this fool is just thinking he is smart
@@cyb3rhacker669Tourism ka chakkar h sirf
Saudi Arabia is investing in tourism and it's why it need to change it appeals/images oversea through sports or high tech or opening to artists.
The current price of the energy is a big plus for their economy shift.
And no they are not bankrupt when energy price is 200% higher than normal in the least
They'll also destroy IPL with their money in future. They want to make a huge sport organisation complex for tourist attraction there
I hope they destroy ipl
They never destroy football..
They signed all finished players..🤣
For your kind information
Big name ≠ football.. Football is all about passion, glory, trophies, club glory..
Aur ye chije paiso se nhi kharidi jaati..
It is very hard because Indian players can only play in IPL and majority cricket watchers are from India .
The one thing IPL has unique to itself is pool of talented Indian players who has a loyal fanbase of 1/7th of world's population.
Any day you're going to prefer watching Kohli, Rohit, Sky, Bumrah, Pandya over a foreign cricketer
As Long as BCCI is prohibiting Indian players to participate in any other league IPL is always going to be at the top when it comes to franchise cricket
@@sustain6084plus would Saudi crowd watch cricket you know cricket is only mainstream in British colonies otherwise it's very niche sports which isn't followed much outside its target audience
I had this friend in university who could speak about any subject with so much confidence, and very articulate and factual. His shine was enough and people didn’t realize if he is correct or makes sense but few could see through his complete BS but many couldn’t - this channel is just like my friend.
I have seen BS for 20:58
This isn't the first time either. He has plenty of such content but once you have enough following, there will be plenty of sheeplings digest the content without questioning.
I have this friend in my college who thinks he knows everything and everyone is wrong except him .... and always criticises others without any proper explanation...
Recently we covered him with our blazers , now he has pain in all parts of his body.
But we love him , sorry brother ❤
Saying saudi oil will run out in 60 years is one of many bs in this video
@@hayaboza2387actually, it is quite accurate
I guess that's where UAE peeped ahead. They knew very much before that Oil Reserves are going to deplete and they can't just rely on oil. Hence, over the last twenty years they developed Dubai into International Tourist City, created an unmatchable ecosystem for International Trade and Financial Center. And now slowly introducing taxes after creating this environment for International Businesses to flourish.
Since beginning there is no oil in Dubai. Dubai always depends on free Trade n tourism. All oil reserves in Abu Dhabi
@@beindian4508no oil is wrong but limited oil
Problem is that only Dubai is diversifying. The other 6 Emirates that make up the UAE (Sharjah, Abu Dhabi, Ras Al Khaimah, Fujairah, Ajman) are still oil reliant. All 7 emirates operate independently and have different policies in terms of development (Dubai is the only emirate that has a metro).
The uae Dosent have as much oil as Saudi they are a small land
@@azm01 Not as much oil. But also, a lot smaller than Saudi. This is an advantage.
Saudi always had money but no player was ready to join them, but it was only after Ronaldo joined players were ready to join saudi because they knew if Ronaldo is their then this league is sure to become one of the top leagues.
Btw Same happened when Iniesta joined Japanese league, people thought other will also start joining that league but Iniesta doesn't have that much big presence, so nobody went to that league
@GenosGG fake madrid fan
Pessi gay
@GenosGG Did Saudi league suddenly got a lot of money? or other leagues like mls doesn't have that sort of money(Players can earn more in mls then Saudi through sponserships and many other deals in). Why didn't these players joined before Ronaldo?
Abd are you saying players like Kante will join Saudi for money, well nvm you can think whatever you want, I don't want to argue with a pessi fan who just started watching football off sorry soccer after the wc
Saudis strategy of funding football has started recently only. Further, nobody was willing to accept Ronaldo in Europe. So suddenly the strategy has come rather it was not a planned one. A player at his retirement age going to a club is not a motivation for players at their 20s. That does not make sense. Neymar is a hard ore messi fan and his best friend. Still you believe he will follow ronaldo. Ha ha 😅
@@pradishpk6256 If you think Neymar is Messi fan then you just started watching football recently, Neymar consider Messi as his very close friend and so he has to tell media that he prefers Messi, but if you go way back in time you can see Neymar idolizing Ronaldo.
Just look for Neymar 2011 tweet in which he clearly mentioned he is excited to play in the same league as Ronaldo.
And btw Funding started in 2021 itself but no one was ready to join as no one would have watched the league, but Ronaldo being the most influential athlete and football player he can influence people to start watching Saudi league, and players only agree after knowing that if Ronaldo is playing in that league then it is guaranteed to be watched by people all over the world.
@@pradishpk6256 neymar ka interview dekho its literally opposte..he is literallly the only one who said bcz of ronaldo rest all said new chllenge, vision bla bla only neymar said its possible bcz of ronaldo
I stand with string vinodh
Yes he should be jailed instead of just being banned from YT
@@skf7500frustration of chutslim🤡
@@skf7500why
#ISTANDWITHSTRINGVINODH
@@skf7500why..??
One of the best case study... Keep doing the great work.
You forgot their biggest issue. Changing their mindset ie eradicating extremist and 7th century thinking. It's not gonna be easy for MBS. 😒
Saudi has less of these problems. Because they know wht to do with these people's.
What exactly are you refering to?
Says a cow pis drinker 😂😂 irony
@@cyb3rhacker669
camel piss drinker came out of aate ki line 🤣🤣🤣
india is far worse in this situation.
Awesome analysis. Today I understood something about importance of tourism and sports for helping economy growth of a country. very in-depth subject knowledge you shared in this video
That is why hospitality industry is important in every country
Excellent analysis Ganesh Bhai and team ❤❤
It is easy to criticize but difficult to manage country like Saudi because of so many challenges u highlighted. Crown Prince is doing wonderful job. Any patriotic person from anywhere in world will do the same for his country.
No one criticising brother. All he is doing is stating facts
All godi bhakti wishing ksa downfall but can't talk shout their own problems
@@ibrahimwaka3916 I m godi bhakt btw.
pappu fyaaan@@ibrahimwaka3916
@@Ajinkyaa10717 godi facts.?.my foot when world points indias problems they run for cover
Thank you sir for picking up such a fascinating case study. God bless you
One small correction. China hosted the 2022 Beijing Winter Olympics. In 2018 it was Pyeeonchang winter Olympics, South Korea.
I think they meant the 2008 Beijing Olympics
European league does the same thing when they buy the top players from other leagues, but when Saudi does it people are mad.
After Ronaldo joined Saudi league, the league had become 650% more profitable.
Europe has hard core fan. Who will die for football
But Saudi is using it as an strategy for international attention.
It does not matter how much money you are spending.
if they can't fill the stadium. They it will be doomed.
We hope it does good !! But criticism need to be done to prevent any failure
@@jayakumar9976 It's the same with India, In the Southern and Northeastern part of India most of the people are die har football fan, but they prefer to watch European league and matches over India league.
People only want to watch good and entertaining football matches most of them don't care which country league they are watching.
Saudi league has grown more then 650% in profits so it means not only Saudi people but people from other regions are also watching Saudi league.
@@3_oliXz ok, but we can't decide just in terms of percentage
Just for example
If earlier 0 people watching. Now 650 people are watching mean also 650% increase as well.
I guess we have wait and watch how it going to progress.
But i personally think messi made good move by going usa. There could focus on his brand as well.
@@jayakumar9976 The thing is football is the biggest sport in Saudi so it is easy for them to capture more audience.
In case of Messi joining MLS, it will be very difficult to promote Soccer in us, as it is currently not even in top 3 sports in us( Top 3 are Basketball, Baseball and Rugby/American football).
So US is trying to do the same thing as Saudi, just like how Saudi is trying to grab attention by signing big players, MLS is trying to promote soccer by inviting more and more celebrities to watch miami matches, so the mls model is bound to fail as celebrities hype will die fast as the mls matches are very less entertaining as compared to Saudi where you can see big names playing in their clubs
18:00 Wow !! Finally someone said this at a layman understandable pace 😂. Thank you soo much for this bro.
Bro, there are taxes in saudi arabia. For goods and services its 15% as VAT. For individual people there is no income tax. But for Expats businesses they need to pay flat 20% as income tax (named as zakat). Local businesses need to pay only 2% though.
There are taxes everywhere so what's your argument.
@@ibrahimwaka3916 check his video. He mentioned, in saudi there are no taxes.
Don’t forget iqama ( residence card ) fee which foreigner have to pay every year , also insurance fee , Exit Entry fee , kafala ( search on google ) fee . In short modern slavery , also most Racist nation on Earth
@@kgsinghindiano income taxes and the amount someone pays in VAT is small considering most Saudi’s go to public school and go to public hospitals
@@azm01 15% vat is not small
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Thank you for clearing concepts, Ganesh &
One more thing, it's more of a request that please launch a course on economy's basic concepts..it will be a gift for the student community 🙏🙏
💯
Most important lesson of the video: Saudi Arabia is not gonna survive unless it uses future technology intensely to solve the major problems.
Technology: For example, any natural problem in the country could be solved through tech.
Invest in tech.
But the tech companies are reluctant to invest in Saudi because of their bad image wrt. human rights violation
@@MegaYash96Saudi doesn't need investment, it needs technology, which they can buy if they want to.
@@MegaYash96but now it is changed
Actually saudi is planning to grow their agri business by investing in Pakistan and Afghanistan
@@capturemedia3092 how to terrorist states or say failed states will help in agriculture. Pakistan has agricultural land but any investment they get is washed away by corruption and corruption in this countries isn't something which Saudi can overcome
What a brilliant video. Thank you!
Your videos have improved a lot. I have been a subscriber since you were at 16K. Excellent explanation! Keep up.
I understood the MPC and it's multiplayer formula in 2 mins of your video. Whereas in university i couldn't understand it in the whole lecture... SALUTE 🙏
Ganesh bhai please raise ur voice for string vinodh his yt deleted...
So what
Hate mongers should be banned and jailed
@@skf7500 he is talking with facts data and evidence, but u r so confident with unlimited wokeness
@@manoranjanhinduI also have similar evidence against him and his so called facts
Evidence depends on facts
Facts are dependent on source
And source is dependent on the person u r viewing to i.e perceptions of that person also called ideology
Unless and until there is a unanimous opinion
@@skf7500 let me destroy u, what is it about the statement of string vinodh u r opposed of explain.
Nope
Hi Ganesh, if possible, pls make a case study on revenue generation from youtube. I am really curious as to what an avg youtuber makes, theri challenges and their contribution to economy. (As for this video, great work as always)
God Damn! I have nothing to do with business, but man your videos are entertaining & informative. Watching every video is like learning a whole new chapter about finance, Geopolitics & so on. Keep it up.
Having fancy cars tall buildings football team doesn't make them economically strong country they are rich and lazy without immigrants Dubai is Nothing
Even with immigrants, once the oil is finished, what are the immigrants going to do? Where will they work? They will go home, because there will be more jobs at home.
@@Moses_VII lol only few percent of immigrants are working in Saudi that doesn't make very much difference on their home but it will surely affect Saudi when they goes back Arabs are rich and lazy people they are very much sunk into their comfort zone how many days they buy talents from others if the same thing continues I'm sure Saudi will go bankrupt
@@Moses_VIIoil is the key here. Once oil is finished these arab countries will fall like a pack of cards. Ronaldo neymar doesn't care about saudi economy or football,,,they're just playing for fat paychecks,,,si that they can have a peaceful retirement life ahead
Same without dubai immigrants are nothing
@@cyb3rhacker669
entire middle east is nothing without immigrants. Immigrants has lots of options to work abroad, chu tiye. Middle east is very small part of earth.
When it comes to Saudi, can you please make a case study on NEOM , its one of highly acclaimed,biggest project, development Saudi is planning
Wow! Thanks, man Dutch disease is part of this semester's syllabus of mine and you explained it so nicely!! THANK YOU
As always phenomenal content
Amazing case study. Ganesh , you seem to have caught a cold. Wish you a speedy recovery.
I always love your indepth analysis of events.. keep up the good work 🎉
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Saudi should focused on investing rather than sport economics. Because sport economics came up with people's narrative so for safe side investment is the better idea but i don't think they should leave the sports. 🤝👍🙏
Great content as usual.
Your case studies are really good👍
String ❤❤❤❤❤
I loved how he connected the human rights situation with economics. Because people didnt pay for their social welfare, the government is not liable to give them even the basic rights. Everything is business of give and take in the end. 😂😂😅
What basic rights? Freedom of speech is just a joke it causes protest which causes injury’s riots and murderer
I’ve lost so much in the past 8 months from failed economy and banks,Real estate crash,depressions,stocks,dividend,you name it
What a terrible year it is...
That is why I work with Samuel Peter Descovich, who introduced me to a better Financial community, a verified agency where I learned how money works and how to create it, as well as free books, courses, and daily lectures.
You also get to meet new people, which was the best decision I ever made.
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Well said, agree with your analysis.
Beautifully narrated
Hi @ganesh ... I am waiting curiously for your next big move. Because only making great videos won't help this great skill to grow significantly. I want you guys to be billionaire with happy life and lots and lots of what you give to the society as you are doing now ... ❤
Next video on Old Pension Scheme and how it will break and destroy our economy. Please if you love our country, make video on it or history will never forgive you.
Bro please cover Cauvery water dispute as kannadiga I’m pretty confused why it’s been taking so long
What are the interests and how some sug can solve this please
Very informative video sir ❤❤
Very well explained 👏
IIM Bangalore, could not teach me the way he could about the effects. Kudos!
IIM it’s a pride of india undoubtedly the person development should learn by practical
Info is generic and need better episodes
This channel has produced many excellent content and they need to maintain the standards …
In depth analysis 👌
Beautiful presentation...
Hi, can you do a video on unemployment in India and how can govt overcome it?
I don't know whether it will succeed in the re-branding exercise. The thing is, Saudi Arabia did try to re-brand itself by getting a spot on the Gran Prix calendar, but the drone attack by Yemen on a nearby refinery cast dark aspersions and ended up generating massively negative publicity on the matter. Also, even in WWE, the Saudis had a good re-branding start with the "Crown Jewel" series of matches, but a billing dispute and associated retaliation escalated into a massive standoff between the Saudis and the WWE organizers, which again cast a shadow on Saudi reputation. Thus, the Saudi attempts at massive investments in the world of sports are hampered multiple times over by internal corruption, external attacks, or just the previous reputation of the Saudis.
Also, coming to the money part, what Saudi Arabia is doing, especially in the case of professional sports, is throwing in HUGE amounts of money, offering professional players huge payouts, and lighter seasons. This was done in the field of Golf, where Saudi investment firms created LIVGolf to compete with the US PGA. The PGA resisted, but in the end, it gave way. This was covered in the Wendover Productions video "Saudi Arabia’s Plan to Conquer Global Golf" in extremely deep detail.
The problem with such an approach is that there is no local team with players built from the ground up at the local level, so once these players fade away or move away to other leagues, the interest in Saudi Arabia fizzles out.
Thank you for this.. very educating.
I love this channel and the great content that it provides. However this video was very difficult to concentrate on the story. All I was hearing is words and immediately screen changing to the picture of the particular word. The video was not at all complementing the audio and proving to be distracting. Hope in future videos, visual story complements audio story rather than just flashing pictures of keywords. Thank you for your excellent work and I love your content.
Indian govt should promote tourism in cwc 2023, that will bring more FDI.
bcci has changed schedule so many time that there is no reliable link to know the updated one…. Cricket is famous in India only due to its great players otherwise we have shit infrastructure and a shitter board
@@aniket385abe chustiya isme mai infrastructure kaha se aye aur 2014 se pehle infrastructure Japan ke level ka tha na
Great research as usual! The problem I see is that, the construction companies are most likely to be European and workers will be from countries like Bangladesh and Pakistan and their wages will be remitted back to their countries. The hotels are going to be managed by American and Indian companies. The employees fostering the tourism industry will mostly be expats.
Great point.
And indian workers
@@tauhidshaikh4304 sure you will have workers from Nepal, Sri Lanka and India. But they make up only 20% of this work force so didn’t add them. That said. I am sure there are workers apart from these three as well which I have also not mentioned because they will be even more marginal than even these three.
@@vanmeetstalwar you are slightly incorrect, indian workers shares the highest percentage of the foreign workforce in saudi followed by Indonesia, Pakistan and Bangladesh. Nonetheless, you are right about most of the sectors profits being shared by expats.
@@tukuberas8262 you might be right for SA. I am using Dubai numbers. Apart from that, I believe the model SA is following resembles that of Dubai, where instead of focusing on industry (manufacturing, R&D, etc.) they are focusing on tourism.
Content is excellent 😊
You never fail to give good content every time brother❤
Fun fact it's actually Saudi national day today!😅😂
What ronaldo 1 year fee is greater than whole ipl team budget for 2 years😂😂
When ipl 2023 revenue is more then any football league in the world 😂. In fact top 4 mist money generating sports league are not of football.
shouldn't we also need gto add emirates angle too??
would love insights
Excellent. Thanks
Romans had gladiators, now the world has soccer. Sports are the adrenaline based conduit to announce that one has arrived on the world stage and or showcase course correction through actions
Saudi is not wasting on sports.. they are hosting the games which itself is a big power play
A small correction: The Olympics used by China for sportswashing were of 2022, not 2018 (which was held in South Korea)
Thanks for explaining each and every topic crystal clearly ❤️
The moment a country tries to do something new and venture into new territories to expand itself it is branded as a failing economy.
you should see big picture too
@@Smarty-tz1jt Saudi is doing a great job. The new prince has different ideas on how to take saudi in a different direction than what was the tradition over there
@@abhyudaytiwari630 that doesn't change that saudi jas nothing except too much oil and they are too depended on that
@@Smarty-tz1jt saudi didnt even used ti give education to its people like 20 years back this much dependent they were on oil even now they arent highly educated at all.
They are building another china . China also did the same by giving an enormous chunk of money to footballers to bring them to china and they massively failed and rebranding themselves might be the reason too
Luv all yr case studies ❤
Eagerly WAITING FOR YOUR NEXT VIDEO ❤❤❤
The audio feels like not emerging from your mouth. Can you explain this? It was really wired. If one overserves the lip carefully while listening it can be understood
Replace Netherlands by INDIA and Gas Sector by IT Sector and watch from 5:59 to 6:26
You have a topic for your next Video.
Thank me later.
IT sector is much better than gas, because IT expertise doesn't run out after extraction.
@@Moses_VII no doubt it is. But that doesn't mean it is not attracting employees from the manufacturing sector.
The way this generation is being employed in the IT sector is hard to match by any other sector, be it by economic means or by the means of social status.
@@abhijeetdhole1019india has enough population 😂😂
@@kaustubhraizada Mr. Raizada population is not concern, it's a serious issue. It's not good to be dependent on any sector such heavily. Although GDP wise it might not look that we are very dependent on IT but employment wise we are. Civil, mechanical, chemical electrical engineers, all aspire to work in IT sector..!
@@abhijeetdhole1019 India has enough population matlab apne yaha par logo ki kami nhi hai agar koi ek sector se log jaane bhi lage toh India mein itne log hai ki kisi sector mein logo ki kami nhi hogi we can't face the Dutch disease humare yaha par unemploment hi itna hai 😂
GReat analysis Bhai
Good video my boi🎉
U saying Saudi Arabia has an economical crisis is just funny despite in 2016 the gdp only being 600b and now is 1.2T
Your videos recently feels a lot more influenced by Western propoganda!
I always used to find it funny when the likes of America, UK and Europe use to lecture world about human rights and criticised China, Arabs and other countries.
Today you followed their lead by taking about Extremism in Saudi Arabia.
tell me if there is temple ot church for non muslims in saudi. tell me it is allowed for a muslim to change his religion tell me it is allowed to critisize govt.
U like what u love.
Now why R U Getting worked up when the topic is about human right abuses in Saudi..is it the M.. connection???
@@riderchallenge4250 My comment was specifically about western propoganda and not about defending Saudis in any way, ofcourse it has its problems. But if US is the one going to lecture them about human rights I'm still gonna call it an irony.
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You just killed it , bro.
Crown Prince MBS said Saudi will be BIGGEST SUCCESS STORY of 21st century, seeing the current progress, it may turn out to be true!
0:17: 📰 Cristiano Ronaldo has officially moved from Manchester United to Saudi football team Al Naser for a record-breaking deal.
3:25: 📚 The Dutch disease is an economic condition that can lead to the decline of a nation's economy, as seen in the case of Saudi Arabia.
6:20: 📉 The Dutch disease problem occurs when a country becomes heavily dependent on a natural resource, causing a decline in other sectors of the economy.
9:47: 💔 Saudi Arabia's Crown Prince MBS faces criticism for severe punishment against dissenters, including the notorious murder of journalist Jamal Khashoggi and their role in the deadly war in Yemen.
12:46: 🏟 Football tournaments in Saudi Arabia are aimed at showcasing the country as modern and progressive, while also boosting the economy through sports and tourism.
15:50: 💰 Sports and tourism have a positive impact on the economy by attracting tourists and generating jobs.
18:40: 💰 Investing in sports in Saudi Arabia may not be sustainable due to incurred losses, lack of long-term planning, and water scarcity.
Recap by Tammy AI
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Insightful
The moment you connect dots between Prashant Sir and Think School's video
This league has no future now. But who knows what happen in future. And also most of these players are old , they are just going for a lot of bucks, when it was the least possible for them. But one thing is this thing and that line project they are doing is truly baffling. No common economist will ever suggest such ridiculous ways to make money. Saudis have too much money now, so they think spending a ton on these will give them return. They are kings not actually businessman who made wealth, oil happened to them. So they truly have no knowledge of real solutions.
I’ll disagree with you here. Being living and raised in Saudi Arabia, I’ve been seeing their changes. The whole shift towards generation of non oil economy is towards their vision 2030. Saudi is thr next big thing in Middle East and there are people and companies moving to Saudi to make use of the opportunities! @thinkschool
I agree with you ........ but still how much they will achiece before 2030 and after 2030 is the question .......... King Salman is a visionary ...... no doubt about that
@@himanshutripathi6114 ya a good vision of serial killing
Companies are coming only for projects after that they will go.. But new fdis are coming
Good luck with bulidng The line city 😂
Yes after listening to his points i realised that how foolish points he made.
World class explaination
I feel proud to be a commerce student
Thank you for you teachings
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
That's why Saudi building Neom city ❤️
That is not a good investment in a desert. They should have invested in technology not civil engineering projects
@@Abhilash-.They want to earn money from tourists. Also they are diversifying their portfolio
@@RandomGuy-hv7tbTourism can never recoup their investment (waste of money).
@@RandomGuy-hv7tbthey will can't earn that much money from tourism because of freedom problem in their country
It's just they are earning more money by selling crude oil that's why they are making this type of absurd architecture designs 😂😂
Superb 🎉
As an Indian I don't Want Saudi To Fail Because We They Are Great People, Who Provide Employment Opportunity For Indian People ❤
Exactly, 🎉. We should stop hating on the name of religion
@@cactus252too as India we have good relationship with Israel and should support Israel against Palestine terrorist
I saw many videos of you criticising Arab world and as an Arab i want to say your propaganda against Arabic countries is hilarious and not very objective and i will tell you why , Arabic countries are very connected to each other culturally so they do not have any race problems or language barrier which make them more close , Saudi Arabia is a very rich country with a young generation so their global mindset is modern which will help them more to develop , Saudi Arabia is a muslim Hub so they have a backup from many countries and it is not easy to conquer them . last but not least Saudi arabia is a strategical ally to India because of the Indian Diaspora in SA and the relations between the countries which also at some point very close in terms of economy but most important culture maybe i can say we have the same style of life and the same approach of how we choose to live not like the West which is different , and to be honest we Arabs see Indiia as a family because we share history it is not only about money and benefits . if you will speak about Religion issues we have a mixed society of Christians , muslims , jews which is mostly the same in india because many thinks that arabic means muslims and that is not the same like in Pakistan ( they are not arabs but they are muslims ) which we Arabs do not accept heir politics based on religious separations and terrorism to distabalise other countries like India , by the way Saudi Arabia stopped most of their financial aid to Pakistan because of that .
you can criticise as long as you want and focus only on weakness but in that way it is a propaganda not a criticism but the overall view of arabic countries to India is based on respect of a great nation like India not on skin colour or history and i hope that you understand my point .... Cheers and God bless India
This is not criticism it's fact you don't got water, you don't got talented individuals, people around the world have bad image about you, inspect Muslims no one will move Arab, it's too hot require more energy for cooling.
Well we are 22 countries i can say we have enough talented people engineers , doctors , teachers whatever you look for in Lebanon , Tunisia , Morroco , Jordan ,UAE etc.... and honestly we do not care who hates us that is global feeling some hates arabs or hates whites or africans it is just stupid mindset ! every person represent himself because of how he was raised point !
Brother, I am also a constant viewer of this channel, but you have got few things wrong here. He mostly provides information from history and doesnt give any random opinions, so basically he isnt spreading hate against Arabs. And basically we Indians dont have any animosity against Arabs, we also respect you all.
Peace ✌ ✌
@@chillout914 if you gonna bring 22 countries here what I can say. I was talking about specifically for Saudi.
@@chillout914 he is talking no wrong. for a country to have stablility and long term growth it should have industrial IT and manufacturing base it should have startups to have more growth. arab countries dont have these. and religion has nothing to do with this turkey indonesia malaysia are muslim too but they atleast have some of things I mentioned
Thank you very much sir I am very fortunate to find your channel love from Kurukshetra, Haryana
its a must watchable video ever because this video has sharing some in depth information from Saudi economy. The past image of Saudi has very vulnerable i think however now they changed the image of vulnerability in doing some technique, that are they conducted FIFA world cup in 2022, Saudi pro league has signed best football players in our world and finally they give more importance to tourism. This techniques are scissile changed the image of Saudi and when any one ask about Saudi now we think that CR7 or Neymar etc. This technique has improve the result of Saudi GDP and i believe that its a right decision made by Saudi and finally thank you for the informative video and we are cursorily waiting for your next video....
bro is so concerned about human rights violation in saudi arabia, and never talks about the human righhts violation perpetrated by sangh fascist government in india.
It is un comparable when it come to muslim throughout the world.
A great video indeed.
@thinkschool make a similar video on india too so we can be aware about it. If possible
Itz same story in goa where mining was at its peak it created large employment where everybody flock in tat sector taking loans which eventually was shut creating a lot of bad loans.
Is mpc equation is correct i think its like the following other wise dont get the said result
MPC=1/(1-MPC)