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Originally Posted by ChounsMan
Did you know that the Saudis have 1 trillion dollars in our banks & if they ever decided to remove it our economy would be shattered. Call it what you want, but I call it extortion.
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That 1 trillon figure is a bit high. The highest estimates are in the $860 billion range (most estimates are in the $400-$600 billion range), which is less than 7% of total foreign investments in the US. Yes, pulling 7% of foreign investments out would hurt, but I don't think it would shatter our economy.