Those who follow the Saudi Crown Prince Mohammed bin Salman’s approach on the economic level are certain that he will reach failure, given that as soon as he fails in one project, he covers his failure by entering into another project.
Vision 2030, with which he caught the attention of the Saudi people in order to pass his coup against the former crown prince, is gradually reeling and revealing the inexperienced, and ambitious imaginations of the Saudi crown prince.
When bin Salman assumed the mandate of the covenant and appeared on the political scene of the Kingdom of Saudi Arabia, the kingdom was rich in oil, ready to be ruled for dozens of years, in light of a liberal thirst for openness against the values and customs of Saudi society, and the presence of beneficiaries of the ruling family, as well as society figures who are keen on maintaining their interests and positions.
MBS assumed the mandate of the covenant and wasted people’s money to establish the pillars of his king by paying the tribute to former US President Donald Trump until he squandered nearly a trillion dollars in order to protect his position, so he plunged the kingdom into an unprecedented economic crisis, and he spent billions of the people’s money on Russia, China, France, and even the Israeli occupation.
Today, Bin Salman’s smile has faded, given the economic failure, the growing deficit in the oil-rich kingdom’s budget, the increasing taxes on citizens, the cut of benefits for the people to survive the increasing living costs and the unemployment crisis, and spending huge funds of the sovereign fund in the NEOM city project, after he failed to attract foreign investors to the city. He also failed to back down from his project because he did not have the courage to admit his mistake, thus dragging the kingdom to the abyss.
Even Aramco, the capital of the Kingdom of Saudi Arabia, he withdraw it from the stock exchange, arrested the kingdom’s princes, intimidated the rich with his brutality, and impoverished the general public.
Economic failure is not the only characteristic of Crown Prince MBS, as he enjoys political brutality. The Saudi journalist Jamal Khashoggi was murder was witnessed by the whole world, and symbols of Saudi society were arrested from all currents, and he does not stop pushing the country into new crises.
The most appropriate description of the Saudi crown prince is what the journalist Jean-Pierre Brin quoted, in an article on the French website Mediapart, about a Saudi citizen: “The kingdom is living an atmosphere of fear and terror, I meet many businessmen, everyone is afraid, afraid to speak through the phone, afraid of investing, afraid of being arrested without trial.”
Today, the Kingdom of Saudi Arabia has become like a weak prey of a ferocious, brainless bear. Would the future bring rescue to the people of the Kingdom, or will the bear destroy everything?
