Saudi Arabia's oil company, Aramco, is supposed go public second half of 2018 (Saudi needs money to try to transition to a diversified economy). Possible valuation: US$2 Trillion. That's a lot of money! Just the fees of the IPO might be in the order of US$1 Billion (New York and London exchanges are both hoping to be given the IPO). Those of you who taught in Saudi Arabia, how do you feel about the diversification: Will it work? Is Saudi Arabia the next China?

Such grand plans require Iran to be contained. The first country that trump visited after his inauguration was Saudi Arabia. His attempts to cancel the nuclear deal with Iran and probably start a war with Iran would keep Iran busy and would give more space to Saudi Arabia.