I always remember watching a Saudi Prince/Billionaire being interviewed on TV(he was in Riyadh).
He said,more or less,
My grandfather had a herd of camels! Good Camels!
My father had a fleet of Rolls Royces and Bentleys to ride around in!
Now I have a fleet of private airliners.
My son can fly his own private jets!
But HIS son may ONLY have a herd of camels?
But GOOD CAMELS,Inshallah!!
When America sneezes, the rest of the world catches a cold...well, this cold has reached the hot desert of Arabia. The demise of Wall Street has reached the Arabian Sahara and is threatening to put an end to its construction boom, which has flourished from several years of petro-bonanza.