the paul auster compass three. songs nobleness numbers from our morse. feels miles under. sixty. one the way we do all the. beliefs and most are going to. social emotional no question with confidence and of course the whole logic working out with. this or all with a you know you try to justify it one more time for the miami but in this process this example you. can also answer them does when you actually use the full force i want to go. with those in the west indies who are. known for. well as you. and i assumed. still but also what it's more is not. doing you should be the one doing. it is that you might settle for this all the time all over the world that suggests. yes it was pretty wild card it's getting wild card with abuse to me sure are. you sure you know the old system on. which i will little bit of something that you know towards that c.b.s. show is. extreme . you. should. assume he's taking. pictures to put. your. record to. go read my work while i get the more i started with almost all of. this to get a preview of the. meaning would you and then one thing is all creatio

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austere measures . so he and his team decided, paul booker particularly was that the first and ugliest of the three uglies we have to take on his inflation. you can have prices going up a percent a month because that builds an expectation that my income has to go up like that i have to figure out another way around. what he did is he said we're going to do what every candidate does which is slow the economy down. not just the united states but he says slow the economy down. used like interest rates so interest rates, the prime rate went to 21 and a half percent. if you were borrowing to buy a house or a car, your interest rate which might be two percent or less, your interest rate went up. it was a two percent per month payment. if you bought a house, you had to pay basically 25 percent of the value of that house every year. naturally, what it did is it killed any business that required borrowing to prosper so the automotive industry went right to health and as you know prices ultimately failed but the housing industry came to a screeching halt and people were just provided impact. but the extraordinary t

austerity measures. how are you viewing saudi commitment to reform when weighed against the social contract? jean-paulreform is a difficult topic when talking about saudi arabia. when we are looking ahead to the next five years, the reforms that will take place are going to be those that do not impact saudi consumers. the number one priority of the saudi administration is to take care of its citizens. so the reforms that are taking place, they can result in further state handouts. but they can also result in the saudi state leaning on the private sector to take up some of the slack. so we have already seen a couple of key industries that have been basically targeted for employment by saudi nationals only, such as health care, tourism, insurance sales. so companies in the private sector, in those sectors, are going to be forced to take on saudi nationals at the expense of their expat employees. that will raise the cost. alaa: i want to ask you a question. to what extent -- interestingly, after the royal decrees, there were saudi officials coming up on twitter urging private sector companies to follow s