ideas that nold andknows is going to work it is billions of dollars because they have been living inhis unreal world with a huge amount of oil. essentialat is the conundrum for these economies. the thing about saudi arabia is if it cancels those projects, what does it do with the people that were supposed to work them? it has cut back on subsidies for it own citizens. is some of these projects are such barrages in terms of they have so little effect on the overall economy that i think there are two sorts of dangers. ,here will be some genuine normal people working on this and in other cases, it's almost screaming straight through that so few rich people have money anyway and they are unlikely to spend it. you cancel andif infrastructure project, it causes problems everywhere. you don't get reelected, but that's not a problem here. john: that's one of the great things about being a monarchy. david: how long have they been having these talks? john: i think they've always been talking about cuts. difficult -- he spotted that saudi arabia was the third or fourth highest spender on defens