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The Corbett Report Podcast

Episode 323 - The Saudi Purge is a Global Crisis

The Corbett Report Podcast

The Corbett Report

Politics, News

4.91K Ratings

🗓️ 17 November 2017

⏱️ 54 minutes

🧾️ Download transcript

Summary

The House of Saud is in crisis as MBS consolidates his hold on the kingdom and prepares to transform Saudi Arabia in his image. But what is behind the purge, and how does it relate to the future of the world monetary system. Join James for a classic Corbett Report debriefing on the Saudi purge and the rise of the petroyuan.

Transcript

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0:00.0

You're listening to the Corbett Report. Corbett report. Corbett report.

0:07.0

Corbett.com.

0:10.0

Welcome back, ladies and gentlemen.

0:14.8

Welcome back to the Corporate Report Podcast.

0:17.0

I'm your host James Corbett of Corbett report.com coming to you

0:19.7

as always from the sunny climes of Western Japan here on the 17th day of November 2017.

0:26.0

This is episode 323 of the Corporate Report Podcast.

0:30.2

The Saudi Purge is a global crisis.

0:34.4

Now as you may have guessed, we are taking a slight break from the follow-up episodes to the

0:40.0

Why Big Oil Concord the World documentary.

0:42.8

Of course, last episode was on sustainable development.

0:45.5

Future episodes will be on other aspects of that documentary that were not covered

0:49.5

or not adequately covered within the documentary itself.

0:52.8

But this week we are taking a break from that

0:54.6

in order to cover the ongoing breaking, developing news story

0:58.2

that is the Saudi purge.

1:00.4

And as the title of this episode states, this is not a local issue, this is not a regional issue, this is a global issue,

1:08.0

and that is the picture I'm going to be attempting to paint in this episode of the podcast.

1:12.0

But before we do that, I suppose it helps to know

1:15.2

what is the Saudi purge for those who may have been sleeping under a rock for the last couple of weeks

1:20.9

let's just get a quick breakdown of what this actually is.

1:25.0

So on November 4th, on the same day that a ballistic missile was intercepted on its way to Saudi

...

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