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Friday, 9 December 2016

The Pessimist’s Guide to 2017

The economic reforms of Saudi Arabia’s Mohamed bin Salman go nowhere. Yemen turns into KSA’s version of Vietnam as “new taxes replace generous subsidies and lead to growing discontent.” Protesters are in the streets and Iran grows assertive … and in five more jumps, MbS will be deposed, Trump will turn his back on KSA and open warfare between Iran and Saudi breaks out.

Yes, ladies and gentlemen, it’s Bloomberg’s annual (and wonderful) Pessimist’s Guide 2017. From a destabilized Middle East to Yalta 2.0, from China and America sliding into economic warfare to the “Internet of (Bad) Things,” there’s a doomsday scenario to please everyone here, told in short, bite-sized Bloomberg news alerts to tell you how the story could unfold. H/t Sherif k.

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