| ▲ | winter_blue 12 hours ago | |
A sovereign wealth fund with over $1 trillion USD (so with over $1 million per Emirati citizen) which invests heavily in U.S. equities will be sold for pennies? So U.S. equities will be sold for pennies? Are you predicting a U.S. stock market crash bigger than the Great Depression, when oil runs out? | ||
| ▲ | WatchDog 7 hours ago | parent | next [-] | |
Foreign assets are only as good as your alliance with those foreign nations. When you lose your only bargaining chip(oil), things start to look dicey. | ||
| ▲ | RobRivera 11 hours ago | parent | prev [-] | |
Hhmmmm, Could be a sell off if it isn't managed...measured buy-backs scaled over a timeline that maybe offers them an opportunity to invest in other commodities may be preferable. Actually now that I think about it...I should probably keep a pulse on ME holdings about 2 or so decades from now | ||