They gotta do something with all those dollars. They can't just go swimming in them every day - that gets old. And they can only have so many hookers and cocaine parties.
I don't know if the world has ever seen a wall of money like this one. To be held and spent by so few.
Thank you George Bush. Thank you Dick Cheney. A couple of oil men who got control of the world's greatest economy and proceeded to sell it to the Arabs.
And thank you Americans, who have no desire to conserve or consume less, and got us into this mess.
Gulf to earn $1.3 trillion from oil in two years
KUWAIT CITY (AFP) - The oil-rich Gulf Cooperation Council (GCC) states are projected to earn close to 1.3 trillion dollars in oil revenue in 2008 and 2009, a Kuwaiti economic report said on Saturday.
The six-nation alliance -- Bahrain, Kuwait, Oman, Qatar, United Arab Emirates and Saudi Arabia -- earned 364 billion dollars from oil in 2007, the Al-Shall Economic Consultants said in its weekly report.
The GCC oil revenues are projected to reach 636 billion dollars in 2008 and 657 billion dollars in 2009, Al-Shall said.
Oil powerhouse Saudi Arabia's earnings in the two years will be just under 700 billion dollars. The kingdom posted 194 billion dollars in oil revenues in 2007.