Saudi Arabia Is A Puritanical

Liberty In Islam Is The Liberty To Be A Muslim, Democracy Likewise, Individualism Likewise.

The Truth Is, Of Course, That History Is Not Completed In Modern Commerce Any More Than Philosophy Is Perfected In Political Economy. In Other Words, There Is Nothing Timeless Or God-given About Filling Stations And Penicillin And Plastic Bags.

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.

In Rising Financial Markets, The World Is Forever New. The Bull Or Optimist Has No Eyes For Past Or Present, But Only For The Future, Where Streams Of Revenue Play In His Imagination.

Life Without Oil, In Fact, Would Be So Different That It Is Frightening To Contemplate. We Are Addicted, And It Is No Comfortable Addiction.