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RE: LeoThread 2025-05-11 19:54

in LeoFinance5 months ago

Part 3/8:

In response to the inherent volatility of oil-dependent economies, Crown Prince Muhammad bin Salman launched Vision 2030—an ambitious initiative aimed at diversifying the economy. This plan encompassed a wide range of mega projects, including the construction of futuristic cities like "The Line" and substantial investments in the gaming and sports industries. Despite these aspirations, the strategy faced scrutiny: many of the ventures appeared imprudent or unsustainable, reminiscent of the reckless spending patterns characteristic of youth with unchecked financial resources.

Flawed Investments and Economic Challenges