Originally produced on Feb. 29, 2016 for Mauldin Economics, LLC
By George Friedman and John Mauldin
This report delves into the geopolitical and economic consequences of the events in motion in Saudi Arabia. Just ahead, George and John discuss the impact of oil prices on the Saudi government. What would happen to Saudi Arabia if oil dropped below $20, and what if the Saudi problems created a disruption in oil supply that forced the price of crude to new all-time highs?
To say that Saudi Arabia is on the verge of its most significant change in decades is not an exaggeration. It has the potential to reshape not only the Middle East but the entire world. The importance of developments in Saudi Arabia requires that investors have an in-depth background on the current situation and possible consequences. This report is presented in two parts: The first section discusses the background and information needed to understand the second section.
On Jan. 4, Deputy Crown Prince M