Indeed, independence of this movement from ANY foreign influence is becoming more and more clear even to the most skeptic (Re-posted)

A very true comment by keynesian09 (Alpha Dinar) regarding large quasi government companies in the Gulf Cooperation Council countries:

No GCC company (I know of) has gone bankrupt. Even if there was, it wouldn’t be one of the majors (e.g. Global & Dar in Kuwait). We are simply in welfare states that wouldn’t allow the economics of a bankruptcy to happen.

In fact GCC IPO’s are priced in such a way that factors in “Welfare”.