English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

I just cant decide how trustworthy a country that provided 11(?) of the 9/11 hijackers is. I've heard/read/saw that they, the Saudi royal family, private investors, etc., own (invested in) over 7% of American bussinesses. If I'm wrong on that number then please excuse my ignorance. I just think this is a viable question. What do you (the smart guys you are), think would happen if all that money was pulled out? And if it's not "viable".......pretend it is, its just Yahoo answers....

2007-03-04 16:53:07 · 6 answers · asked by Dirty Mutt 3 in Politics & Government Other - Politics & Government

6 answers

they would lose a ton of money.

2007-03-04 16:57:10 · answer #1 · answered by patriot07 5 · 1 1

Nothing major would really happen. U.S. economy is very diversified and designed to quickly compensate losses that constantly occur anyway. Besides, Saudis will never pull out their investments anyway. If they do, nobody else would buy oil from them for the prices that U.S. pays. U.S. is Saudis' most stable and reliable oil buyer. That is why Saudis are so rich.
Of course, U.S. can easily choose to switch the supplier and buy oil from Russia instead. But it hesitates on doing that for obvious reasons.
In short, U.S. doesn't have to worry about losing Saudis as investors. And Saudis do have to worry a lot about losing U.S. as a buyer.

2007-03-05 01:17:25 · answer #2 · answered by OC 7 · 1 1

Someone else will come in and buy it up. Those investments are there to make money and if they were abandoned someone else wanting to make money will move in. Maybe a large influx of Chinese money or British money, a lot of countries have stakes in the American economy.

2007-03-05 00:57:50 · answer #3 · answered by JFra472449 6 · 1 0

They would never be that stupid. But even if they were to, they would be hanging themselves. President Bush met with Brazil's president this week and you can bet that the U.S. and Brazil will form an ethanol cartel, thus rendering our unfortunate dependence on Mid-East oil a thing of the past.

2007-03-05 01:02:22 · answer #4 · answered by Guerrilla M 5 · 1 1

Take a basic economics course. The finances and reliances go both ways.

Also, the country did not "provide them". They were trained in Iraq, so you should say, "iraq provided them", and I will not excuse your ignorance, because it could be rectified by researching the lies you are told by the "anti'bushes", who only care about smearing this country until they gain power.

2007-03-05 01:04:20 · answer #5 · answered by Anonymous · 2 2

America will loose it's amount of money, weaken their economy level. and they will go mad coz they can't influence saudi arabia and the profit america made will gone.

2007-03-05 00:59:20 · answer #6 · answered by Enigmatic A 5 · 0 1

fedest.com, questions and answers