Energy Investing - Back to the White Elephants - Energy Investing - InvestorVillage


This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Energy Investing   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  465348 of 489680  at  11/23/2022 6:06:25 PM  by

VIA


 In response to msg 465111 by  Basin
view thread

Re: Back to the White Elephants

MBS may have splurged on himself ever since he came to power, but he actually put good people in decision making posts in the public sector, particularly finance, foreign affairs, oil ministry and ministry of industry.
 
And in the years since he has been running the show, he did not initiate any projects that were destined to the White elephant hall of fame. The Jeddah tower pre-dated his ascension to power. Even Neom started out as a really good idea.
 
The pivot to ludicrous level ambition is more recent. I don't know what happened. I can only guess that a year of $100+ Brent fuelled this break with discipline. 


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 3  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
465363 Re: Back to the White Elephants Basin 3 11/23/2022 9:10:41 PM




Financial Market Data provided by
.
Loading...