The Real Reason Behind Saudi Arabia's Threat To Sell US Securities

For more than two years, Saudi Arabia has been pumping oil as fast as it could to hamper US shale gas. Now this mission has been accomplished— the US oilrig count has collapsed —and Saudi Arabia seems to be prepared to put pressure on another part of the US economy… securities markets. As reported in New York Times, the Kingdom threatens to sell up to $750 billion in US securities if Congress passes a bill that would allow the Saudi government to be held accountable in American courts for ...