Qatar Gifts Trump $10 Billion for What?
Today’s “Slap in the Face” Award is a follow-up to last week’s piece about infrastructure – but with a surprising twist. You’re not going to believe this.
As a quick update, the infrastructure in our good old USA has deteriorated so badly that I have trouble understanding exactly how we got here.
We were rated a D+ by the American Society of Civil Engineers (ASCE) for the overall fitness of our roads, bridges, and water and sewer systems.
A D+ grade!
Nearly 68% of our bridges have been deemed structurally deficient.
Even our schools got an unacceptable C+ grade from the ASCE!
And the most maddening part is, according to the ASCE, we could fix our problems for the equivalent cost of a daily cup of Starbucks coffee per household.
And yet, we’re still spinning our wheels to address this issue. I don’t get it.
But hold on… because there’s a “part two” to this, and that’s where the real slap comes in.
There’s a tiny country called Qatar that’s nestled between Saudi Arabia and the United Arab Emirates along the Persian Gulf. Qatar has a population of only about 2 million people (a fraction of America’s 319 million) and boasts a modest full-time military of just 11,800 men.
It’s a country most people have heard of only because of its namesake airline. But here’s where it gets interesting…
Of all the nations in the world, Qatar has just offered to help the U.S. address its ailing infrastructure by giving (not lending) us $10 billion.
That’s equal to about 3% of its sovereign wealth fund!
Really!? Have we sunk so low that little Qatar has to come to our rescue?
Oh, and this is after Qatar’s chief executive of the Qatar Investment Authority, Sheikh Abdullah bin Mohammed bin Saud Al Thani, pledged $35 billion to the U.S. last September!
It’s still unclear whether the $10 billion for infrastructure is part of the $35 billion gift or if it’s in addition to it… but either way, it’s outrageous!
And it’s just a small fraction of the $3.6 trillion the ASCE says is required to fix America’s big infrastructure problems.
The only good news is the infrastructure spending promised by Trump and the fact that he’s making it one of his three top priorities.
He’s set to get the ball rolling within his first 100 days in the White House.
These efforts will create one of the biggest and best investment opportunities of our lifetimes.
And there are several solid, reliable American companies that stand to profit big time.
It’s unfolding quickly, and that’s why Marc Lichtenfeld is heading up a LIVE webinar on January 19 to discuss the details and the top profit opportunities. These are trades designed to make money specifically from Trump’s first moves in office… We’re calling it 100 Days of Profits.
He’s going to address the problems, solutions and the investments that will benefit most from the billions, or perhaps even trillions, that have to be spent.
The event is 100% free of charge. There’s no strings attached. The link to RSVP is below.
Our infrastructure here in America is a disaster – but that doesn’t mean we can’t make a lot of money on the improvements queued up to begin fixing it.
Make time for this special briefing to see how we’re going to fix this horrible mess… and more importantly, how YOU can benefit from it.
Editor’s Note: This is your invitation to tune in to The Oxford Club’s first-ever LIVE presidential webinar on Thursday, January 19 – the night before Trump’s inauguration – at 8:00 p.m. EST. Marc will be joined by the Club’s Research Director Ryan Fitzwater for this highly anticipated presentation.
The one-hour event will wrap up with a LIVE question-and-answer session. Marc and Ryan will be taking questions from the audience and addressing all of your most critical concerns about making money in 2017. RSVP by clicking here. We hope to see you there.