top of page

Growth-loving authoritarians are failing on their own terms

Growth-loving authoritarians are failing on their own terms
Published date:
Source:
BB Finews
8/15/25, 4:32 PM

{Muhammad bin Salman is one of the world’s most secure autocrats. He has no need to pay off rivals or buy elections. Yet by 2030 his government will have spent almost $3trn on Vision 2030, a plan to transform Saudi Arabia’s economy. Officials are backing man-made islands, luxury hotels and electric-vehicle factories. “They will take anything that has the smallest chance of creating economic growth, even if it is in decades,” says a megaproject executive, “even fantasies and failures.”}

24 Hot News

U.S Treasury Secretary takes U-turn on Bitcoin purchases – Meaning?

U.S Treasury Secretary takes U-turn on Bitcoin purchases – Meaning?

BB Finews
 Crypto sentiment returns to Greed as Bitcoin and Ether spike on Fed speech

Crypto sentiment returns to Greed as Bitcoin and Ether spike on Fed speech

BB Finews
 Bitcoiners’ skepticism over institutions isn't going away: Preston Pysh

Bitcoiners’ skepticism over institutions isn't going away: Preston Pysh

BB Finews
XRP looks to replay bullish Q4 history: Can $5.40 be next?

XRP looks to replay bullish Q4 history: Can $5.40 be next?

BB Finews
VIRTUAL on track for a 10X move: Is $5.12 within reach?

VIRTUAL on track for a 10X move: Is $5.12 within reach?

BB Finews
 Two Prime, Figment team up to bring Bitcoin yield to institutions

Two Prime, Figment team up to bring Bitcoin yield to institutions

BB Finews
 Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC

Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC

BB Finews
Who will win from Trump’s tariffs?

Who will win from Trump’s tariffs?

BB Finews
Norway, Kazakhstan charge into crypto as Japan plays it safe – Details

Norway, Kazakhstan charge into crypto as Japan plays it safe – Details

BB Finews
  • Page 2

Disclaimer:

This article is an original work by BBFinews, with copyright owned by Jinse Finance. Unauthorized reproduction is prohibited. Authorized media must indicate: “Source: BBFinews” when using this content. Violators will be held legally accountable.

 

Risk Warning:

Investment involves risks. Please exercise caution when entering the market. This content does not constitute investment or financial advice.

bottom of page