Saudi crown prince MBS makes 600 billion expanded investment pledge into US to Trump, significant as that is 55% of their GDP

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Scott Downey

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The deals are coming in for American growth
(Bloomberg) -- Saudi Arabia’s Crown Prince Mohammed Bin Salman told President Donald Trump he’s willing to expand investments and trade with the US in the coming four years by $600 billion, according to the kingdom’s state-run news agency SPA.

The crown prince, known as MBS, spoke to the American president in a congratulatory phone call on Wednesday, SPA said.


During the call, Prince Mohammed said the kingdom was eager to seize partnership and investment opportunities created by the new administration’s anticipated reforms, which could achieve “unprecedented economic prosperity.”

SPA did not provide further details or say what reforms the crown prince was talking about.

The commitment is large, even by the standards of oil-rich Saudi Arabia. It amounts to around 55% of the country’s gross domestic product.

 
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Scott Downey

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During the call, Prince Mohammed said the kingdom was eager to seize partnership and investment opportunities created by the new administration’s anticipated reforms, which could achieve “unprecedented economic prosperity.”

People don't spend capital like what is happening except when they understand they can get a good return on investment,
God willing.
The tide against business is turning to favorable terms under Trump, which a lot of people thought could happen. Been reading even Harris voters acknowledged after the election the US will have a better economy under Trump.

Why they vote Harris, well they are ideologically driven. Like Socialist-Communist, GREEN DEI WOKE BLM, all nonsensical as that is divisive and does not work in real life and leads to failure.
 
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Rockerduck

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And what will MBS expect from Mr. Trump as a return on his investment?
Business investments do not require a payback as the investment itself is the payback. The Saudis could buy the 50 percent share of Tik Tok and be a US company and make a Trillion dollars.
 

Lambano

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Business investments do not require a payback as the investment itself is the payback. The Saudis could buy the 50 percent share of Tik Tok and be a US company and make a Trillion dollars.
I'm thinking more in terms of US Middle East policy paybacks.
 

Scott Downey

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I'm thinking more in terms of US Middle East policy paybacks.
Continued defense sales against Iran and Houthis in Yemen. Saudi's will want to keep buying US military hardware.

Access to advanced AI technologies, they are very interested in that too. if they help build it, then they should get some benefit.
 

Wrangler

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In 2016, Trump said when elected, he'll be God's gift for American jobs. In just a few days he's negotiated a staggering $1.1T in 2 deals, this and AI. I wish the Demonrats remain a permanent minority.
 

Lambano

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Continued defense sales against Iran and Houthis in Yemen. Saudi's will want to keep buying US military hardware.

Access to advanced AI technologies, they are very interested in that too. if they help build it, then they should get some benefit.
I suspect the Saudis will leverage these investments to get changes to the U.S. policy regarding Israel and the Palestinians.
 

Rockerduck

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I suspect the Saudis will leverage these investments to get changes to the U.S. policy regarding Israel and the Palestinians.
The Saudis are friendly to Israel, and against Palestinians. In fact, no country in the middle east are friendly to the Palestinians. Palestinians have always been troublemakers in the area, which is why nobody is helping them.
 
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