Friday, January 15, 2010

Prince Alwaleed says Inflation Is Imminent

Saudi Arabia's Prince Alwaleed bin Talal is openly speaking about a coming Inflation this is very important knowing that Alwaleed is worth around 30 Billion dollars according to Forbes , his country Saudi Arabia owns the largest crude Oil reserves in the world and one of the largest US dollar reserves , so whatever Saudi Arabia decides to do in regards of its US dollar reserves and the whether to keep the Oil prices in dollars or not will definately affect the fuure of the US dollar and the American economy in general , it is said also that Saudi Arabia is one of the major foreign investors in the US Economy


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