Expats Leaving Dubai Is Bad News for the Economy
Saudi Arabia Isn’t Just Raising Taxes
“Ultimately, as Saudi Arabia and other countries deal
not just with a global-health crisis and the accompanying economic collapse but
also with the constraints of their own economies, many of their actions—such as
tax hikes and austerity measures—will have ramifications, intentional and
otherwise, in the decades to come. When a government tinkers with its social
contract without citizen input, and asks for more money from its people, there
could very well be rumblings of resistance or revolt”.