Share prices have been falling again today and in the US, Europe and Japan they have fallen to record lows. It looks like a recession is just around the corner everywhere apart from the ARABIC COUNTRIES which are doing really well thank you!
In the United States President Bush told the investors "Don't panic. Don't sell your shares!"
But it was too late. Many Arab investors were at the other end of the telephone lines snapping up the cheap American shares at the record low prices!
In Saudi Arabia, Kuwait, UAE, Oman and Qatar everything is going very nicely because the price of the oil in these Gulf states is "going through the roof"!
Also the other countries in this region like Iran, Iraq and so on they are having the benefits of knowing that the European people, the American people and the Japan people are all feeling the pinch"!
In Saudi Arabia they call the oil "Black Gold" because it is a thing needed by everyone in the west for the cars. This makes the Arabic people very rich.
It will continue. Enshaallah!