OrloNorppa@sopuli.xyz to Ask Lemmy@lemmy.worldEnglish · 2 days agoLemmy, what is your "I'm calling it now" prediction for the next 10 years?sopuli.xyzimagemessage-square189fedilinkarrow-up1288arrow-down112
arrow-up1276arrow-down1imageLemmy, what is your "I'm calling it now" prediction for the next 10 years?sopuli.xyzOrloNorppa@sopuli.xyz to Ask Lemmy@lemmy.worldEnglish · 2 days agomessage-square189fedilink
minus-squarefxomt@lemmy.dbzer0.comlinkfedilinkarrow-up9·13 hours agoThe gulf monarchies’ oil will dry up, and they will collapse under their own weight. … Probably not. But hey, a man can dream…
minus-squareAlteon@lemmy.worldlinkfedilinkarrow-up7·13 hours agoThey’re pushing massively into green energy. I think they are the next biggest investors after China if I remember correctly.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkarrow-up1·edit-210 hours agoThey can try, but they don’t really have the massive advantages there. With oil they basically get >1000% margins because it’s just there and ready to be tapped, and their whole societal structure is based around spending that money like it’s water.
The gulf monarchies’ oil will dry up, and they will collapse under their own weight.
… Probably not. But hey, a man can dream…
They’re pushing massively into green energy. I think they are the next biggest investors after China if I remember correctly.
They can try, but they don’t really have the massive advantages there. With oil they basically get >1000% margins because it’s just there and ready to be tapped, and their whole societal structure is based around spending that money like it’s water.