Ali_Baba
VIP Member
Doomed? No.
Screwed thoroughly? Absolutely.
If the war ends in the next few weeks, they'll mostly recover as they have a shit ton of money saved up, and the oil revenue will pick up again.
Any longer than that, and they risk depleting their reserve cash significantly.
They will never get back to where they were before, as the illusion of safety is gone now, and will be for good. They will become a shadow of their former selves.
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