Comments by "" (@craigkdillon) on "2020 Forecast: Middle East" video.
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Excellent analysis, as usual.
However, it must be kept in mind the declining geoeconomic influence of oil
Renewable energy and electric vehicles are just beginning to ramp up. Their increase will NOT be linear, but exponential or even logarithmic.
The ONLY reason the world cares about the wars, rivalries and conflicts of the Middle East is oil. Notice - no one cares about conflicts in Africa. No troops went on the ground to rescue Sudan. No one cares about Yemen, since it has no oil. Same with South America.
As oil declines in significance, at some point Saudi regime may not be rescued if it comes under threat. The US quickly came to Saudi's defense when Hussein threatened. In 5, 10, or 15 years, the Suadi regime may be overthrown because no one lands an army to prevent it.
Also, Saudi Arabia's medieval government will become increasingly incapable of governing a nation of over 40 million. The strains of the modern world will be too much for the family monarchy. Plus, the average Arab will likely become resentful of the lazy Saudi family that suck up the money, while contributing little.
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