The $2 Trillion Project to Get Saudi Arabia's Economy Off Oil

The $2 Trillion Project to Get Saudi Arabia's Economy Off Oil

When Oil was well above $100 nobody spent money like the Saudi royal family. Constantly flush with cash and never a worry about the price in oil, the Saudi Kingdom seemed on level ground. Today there's a different reality. Oil is now hovering around $40 and the kingdom is hemorrhaging money. Couple that with a weakening relationship with the US and ISIS creeping on their doorstep, the Saudi's are not as stable as they once seemed.  Bloomberg sits down with the man responsible for making sure level ground is attained and sustained for the next generation of Saudis. 

The $2 Trillion Project to Get Saudi Arabia's Economy Off Oil - Bloomberg

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