Saturday, June 2, 2012

The Window is Closing for Riyadh

"... The Saudis' problem is analogous to the one we will all face from global warming. Year-to-year developments don't produce enough change to yield the collective will to face the issues squarely; yet the endgame is not in doubt.Actually, Saudi Arabia's dilemma is bleaker. Unless climate change triggers truly unmanageable consequences, rich nations will be able to mitigate the problem by throwing money at it. Saudi Arabia's failure to make the transition to a modern, diversified economy, by contrast, will almost certainly open the door to religious and tribal conflict that will be very hard to close...."

No comments: