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PAUL COCHRANE – Hot Air in the Saudi Desert: a Kingdom in Descent?

The Kingdom of Saudi Arabia (KSA) is in financial dire straits. Since the plunge in oil prices, the kingdom has been hemorrhaging money left, right and center. It has provided billions of dollars to shore up counter-revolutionary governments around the Middle East, especially Egypt, it is heavily involved in the Syrian conflict, and is burning through some¬†$6 billion a month¬†waging …