According to Robert Baer (former CIA), "five extended dysfunctional families own about 60 percent of the world's oil reserves..."
A back of the envelope calculation puts the value of this at $100 trillion (assuming $50 a barrel oil.) By way of comparison, that amounts to about 9 years of U.S. total economic output.
This fact suggests a degree of political and economic power that is barely imaginable.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment