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Saudi Corruption
#1
Here's a nice article highlighting the rampart corruption throughout the House of Said.

In gilded Saudi royal circles, corruption has long been a way of life

The new movers and shakers there are using "Corruption Reform" as the reason why they are cleaning house...........but is it? There is no question that corruption exists around the world. But in the Middle East, it is world famous for being so huge. But if you do a Google search for 'Islam and Corruption', you will get all kinds of literature into how corruption and Islam are not compatible, and rarely exist. S13

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All men are frauds. The only difference between them is that some admit it. I myself deny it.
H. L. Mencken
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#2
There is much more to this as things begin unfolding. Wealthy Saudis are moving assets out of the region because of fear, and the economy is going to crash as a result.

The Saudis were totally unprepared for the "Fracking" windfall, and it has resulted in less than $50/barrel which is hurting their own inefficient management. Perhaps this is the main reason why there is this sudden crackdown, because the authorities know things are headed south.

This is a good article that is looking more holistically: Saudi Billionaires Look to Move Funds to Escape Asset Freeze

Also, Saudi Prince's Revolution Is the Real Arab Spring
___________________________________________________________________________________________________
All men are frauds. The only difference between them is that some admit it. I myself deny it.
H. L. Mencken
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#3
If there is anyone who is happy with the latest news coming out of  Saudi Land, that someone is Spengler himself.

Mohammad bin Salman and the new balance of power.  The Crown Prince has set off a complex chain reaction of political moves that affect the region's political and economic stability

Excellent article.  If you decide to read this one, you can fill in anything he may have missed, by reading his article in PJMedia: Prince Mohammed bin Sultan Is Exactly Right: Iran Is the New Hitler
___________________________________________________________________________________________________
All men are frauds. The only difference between them is that some admit it. I myself deny it.
H. L. Mencken
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