As proof-positive of my financial stupidities, there is a story today indicating that Saudi Arabia is $100 billion in the red and is sniffing around for a $6 billion to $8 billion loan.
Saudi Arabia in the red????????
I always thought Saudi Arabia had more money than God and, moreover, was one of the few countries that funneled a slice of the pie back to its inhabitants in the form of cars or free education or other perks. So what the hell are they doing borrowing money?
My ignorance, as usual, runneth over.