upvote
Foreign assets are only as good as your alliance with those foreign nations.

When you lose your only bargaining chip(oil), things start to look dicey.

reply
Hhmmmm,

Could be a sell off if it isn't managed...measured buy-backs scaled over a timeline that maybe offers them an opportunity to invest in other commodities may be preferable.

Actually now that I think about it...I should probably keep a pulse on ME holdings about 2 or so decades from now

reply