Saudi Arabia’s great run seems headed for trouble

On the surface, Saudi Arabia and its ruling family — an absolute monarchy flush with oil wealth — look secure in their power. Despite oil price fluctuations, income per person has been more or less constant for many years now, Noah Smith writes for Bloomberg.

Shekhar Ghosh is consulting editor, He has edited and written for publications like Business India, Business Standard, Business Today, Outlook and many other international publications. He can be reached at

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