Arabia Quote by John Perkins
“The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done.”
About This Quote
The Treasury would fund Saudi construction by using interest from securities to hire U.S. firms, linking finance to foreign infrastructure projects.
In simple terms: U.S. firms would build Saudi cities using Treasury‑derived interest.
Key Takeaway
Leverage public finance for international development partnerships.
Themes
finance
infrastructure
foreign policy
public‑private partnership
Mood
strategic
pragmatic
Type
policy
economic
When to use this quote
- government budgeting
- construction contracts
- international trade
- corporate procurement
Key Concepts
economic development
sovereign debt
strategic investment
Questions to Reflect On
- How can such financing protect domestic interests?
- What safeguards ensure fair labor practices?
A Different Perspective
Relies on political stability and mutual economic benefit, which may be uncertain.
![“That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/ba1/warren-buffett-183_all-kinds_that-would-be-nice-if-people-stuck-treas_2128493.jpg)
![“I think we can make a contribution to their [Saudi Arabia] thinking as they decide how they should deal with the economic and social challenges that they are facing.” quote by Colin Powell](https://sms4smile.com/quotes/img-quotes/a64/colin-powell-691_arabia_i-think-we-can-make-a-contribution-to-th_2899966.jpg)
![“We're defending Saudi Arabia? And with all of the money they have, we're defending them, and they're not paying? All you have to do is speak to them. Wait. You have so many different things you have to be able to do, and I don't believe that Hillary [Clinton] has the stamina.” quote by Donald Trump](https://sms4smile.com/quotes/img-quotes/0a5/donald-trump-18_able_we-re-defending-saudi-arabia-and-with-al_72517.jpg)
