Saudi Arabia Is A Puritanical State That

Cause And Effect, The Riddle Of All History, Is A Particular Devil In Financial History; And Never More So Than Today, Where Entire Classes Of Security Are Collapsing Not On Public Exchanges And Stock-tickers But Because There Are No Markets To Establish Prices This Side Of Nothing.

The Aircraft That Blew Up The World Trade Center In New York And The Pentagon In Washington Conveyed Several Messages To The World, Of Which One Of The Least Remarked Is This: The Muslims Of The World Are Suffering.

Profits In Business Always Depend On The Rate Of Interest: The Higher The Interest, The Higher The Rate Of Profit Required.

Up Until The Depression, Recession Had A Moral Character: It Was Supposed To Purge The Body Economic Of The Greed And Excess That Attends A Business Expansion.

When William The Conqueror Commissioned A Great Survey Of His English Realm At Gloucester In 1085, The Result Was A Work So Thorough, Fair, Dispassionate, And Wide-ranging That It Seemed To The Succeeding Generations To Have Come From Another World.