What is the Probability of Saudi Arabia Pulling Out of U.S. Assets?
Posted on 04/20/2016
The government of Saudi Arabia is a major foreign investor in the United States, especially in U.S. sovereign debt. They have been buying U.S. since their oil boom really took off. For example, in 1974, Saudi Arabian Monetary Agency (SAMA) purchased US$ 600 million worth of Federal National Mortgage Association (Fannie Mae) debentures through the […]