What Happens to the Middle East As Oil Is Phased Out? "My - TopicsExpress

What Happens to the Middle East As Oil Is Phased Out? "My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel." -- Rashid bin Saeed Al Maktoum, Vice-President and Prime Minister of United Arab Emirates and Emir (Ruler) of Dubai (link (en.wikipedia.org/wiki/Rashid_bin_Saeed_Al_Maktoum)) I think that they will follow the example of Nauru (https://cia.gov/library/publications/the-world-factbook/geos/nr.html). The Island was dependant on phosphates. Now that is running out. The economy is nearly bankrupt.

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