“If good history is dispassionate history, it must naturally wait until the passions of the period subside.”
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Were there peace and justice in the Middle East, the Arabs would no more need their tinhorn dictators than they would their corpulent princes.
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and don't need to explain themselves.
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.
Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness.