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Turbulence in the Desert Unveiling the Inevitable Collapse of Saudi Arabia.
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Turbulence in the Desert Unveiling the Inevitable Collapse of Saudi Arabia
August 26, 2023
- A senior member of the Saudi royal family warns of impending collapse due to leadership problems.
- Saudi Arabia heavily depends on oil exports for revenue, but its spare oil production capacity is declining.
- A study predicts a peak in Saudi oil production by 2028, leading to declining exports and revenues.
- The nation's energy consumption is rising due to population growth, reducing oil available for exports.
- Efforts to invest in renewable energy to curb domestic demand have faced delays and financial strain.
- Saudi Arabia's strategy to keep oil prices low has strained its finances and depleted its reserves.
- Rising poverty, unemployment, and climate change impacts contribute to domestic unrest.
- The country's vulnerability to climate change threatens water scarcity and food security.
- Water-intensive desalination, reliant on oil, faces challenges as oil exports decline.
- Similar patterns of state failure in neighboring countries stemmed from declining state power and climate-induced challenges.
- Saudi Arabia's pursuit of geopolitical dominance and petro-dominance may exacerbate its crisis.
- Deep-rooted structural realities point to an inevitable protracted state failure within a decade.
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