#it

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. ↗

— James Buchan

#cause #classes #collapsing #devil #effect

Last chances in the Middle East have been two a dirham since the 1950s. Each year the enmities are more profound, the despots more bloodthirsty and clownish, the violence more extreme, and the conditions of ordinary existence more ghastly. ↗

— James Buchan

#chances #conditions #despots #each #east

Of all the failed technologies that litter the onward march of science - steam carriages, zeppelins, armoured trains - none has been so catastrophic to prosperity as the last century's attempt to generate electricity from nuclear fission. ↗

— James Buchan

#been #carriages #catastrophic #century #electricity

Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required. ↗

— James Buchan

#business #depend #higher #interest #profit

Saudi Arabia operates according to the belief that God made young men and women so utterly and completely without self-control that they must be physically segregated every moment of the day and night. ↗

— James Buchan

#arabia #belief #completely #day #every

Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed. ↗

— James Buchan

#assertive #commodities #crude #crude oil #dictation

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. ↗

— James Buchan

#any #bags #commerce #completed #course

The west has a great deal to answer for in the Middle East, from Britain's belated empire-building after the First World War to the US and British policy that condemns modern Iraq to the material and social squalor of a half-century ago. ↗

— James Buchan

#ago #answer #belated #britain #british

The person who tries to live alone will not succeed as a human being. His heart withers if it does not answer another heart. His mind shrinks away if he hears only the echoes of his own thoughts and finds no other inspiration. ↗

— Pearl S. Buck

#another #answer #away #being #does

Your attitude, not your aptitude, will determine your altitude. ↗

— Zig Ziglar

#altitude #aptitude #determine #will #your