1207
submitted 4 days ago by [email protected] to c/[email protected]
you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 159 points 4 days ago

Also all the oil money.

Mostly the oil money, I think.

[-] [email protected] 1 points 1 day ago

Selling oil is also not woke.

[-] [email protected] 18 points 4 days ago

I assure you they are not rich because of oil anymore than they are rich because of pearl.

https://en.wikipedia.org/wiki/Economy_of_Dubai

[-] [email protected] 10 points 4 days ago

Even if the oil is only 1% of GDP recently it was still 50% of GDP back when they were building all of their ports, airlines, banks, and hotels. They've also proven as recently as 2020 that they can flood the market with so much oil that it dips into negative cosr per barrel in other nations like the USA and Russia.

this post was submitted on 03 Jun 2025
1207 points (98.9% liked)

Microblog Memes

7939 readers
2859 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 2 years ago
MODERATORS