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note that 60% of overseas investment by saudi arabia is in the US, tho...
Hmm, I can't comment on the amount, though I guess the number could go either ways.
"one of the reasons many ordinary Saudis are so pissed off with things is that their real wages have been chopped by 2/3 since the 1980s."
For some reason, I thought it was much worse than that. My impression was that Saudi Arabia was once on par per capita with the US, but is now less than 1/2 of that. Also, given that need to desalinate their water and don't let their women drive, the cost of living would be a lot higher. Since their males are generally not trained in the sciences of making new stuff, their women can't even do anything outside of the home, and they have a huge population boom -- I will agree with you that the Sauds have gotten themselves into quite a situation.
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When people do stupid things, they may cause harm to themselves. Should they be stopped?
In some cases, they may cause harm to other people. Worse yet, if many stupid people do stupid things at the same time, the stupid society will be in danger. What should be done?