Following Iceland’s banking meltdown, international financial markets have identified Hungary as another country potentially at risk of a crisis. Hungarian central bank governor András Simor spoke to Journal reporter Marcus Walker about why he thinks the market’s fears about Hungary are wrong.
WSJ: How vulnerable is Hungary to the global financial turmoil?
SIMOR: This crisis has led [...]

During boom times, deal-making is relatively easy. A rising tide lifts all boats … and the knowledge that there are lots of opportunities out there makes some negotiators forget that the deal is a way to get value, not an end in itself. You don’t have to look as far back as the excesses of [...]

Warning: This is a very disgusting Monty Python comedy sketch from The Meaning of Life movie.
At 7:37 minutes, it effectively illustrates a very serious point by taking things to the extreme. One explanation might be that all empires will inevitably simply explode from their own excesses.
All they need is an attentive waiter…
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