What is the future of the Saudi economy? In this video I analyze Saudi Arabia, it's dependence on oil, and its economic future as it attempts to diversify. Saudi's long time complacency of high oil prices and a socially repressive culture make it hard for government to modernize it's economy and provide value beyond crude oil exports.

Citations:

Saudi Obesity Rate: https://www.arabnews.com/node/1483076/saudi-arabia

Saudi Work Ethic Domestic Criticism: https://www.arabianbusiness.com/industries/industries-culture-society/saudi-men-lazy-watch-too-much-tv-expert-14587

Mohammad Bin Salman Social Reforms: https://nycfpa.org/08/16/mohammed-bin-salman-between-reform-and-the-iron-fist/

Neom: https://en.wikipedia.org/wiki/Neom

Reaction to Our Finite World: https://www.youtube.com/watch?v=Pym5lCN2Kg0&t=1s

To follow more of my work find me on:

Website: http://davosig.com​​​​

Seeking Alpha: Nicholas Pardini