Our kids are going to be so angry with us one day. We've charged their future on our Visa cards.

I don't think we replaced the Soviet Union with Al Qaida. I think we replaced, we should have, Soviet Union with the merger of globalization and the IT revolution. I think it's that. That is the real challenge that we face today. Unlike the Soviet Union, it has no face, it has no missiles, but it is something that challenges every job, every city and every community.

No, most of our political elite has not realized that the world is flat.

I think no country is going to be immune from the Arab awakening because the Arab awakening is driven by deep human longing for dignity, for justice and for freedom. I think that applies to young people in Saudi Arabia as much as to young people in Egypt, Tunisia, or Yemen, or Libya, or Syria. If I were in Saudi Arabia, I would be getting ahead of this and looking for ways to appreciate those aspirations and align my country with them.

Golf has an ambivalent relationship with the environment. On one hand, it's a great preserver of open spaces. Golf doesn't pave the world - it helps to green the world. But the downside is, it uses a lot of fertilizer, pesticides and water. And this is in a world where we know that synthetic fertilizers and pesticides are toxic, and water is more and more scarce. Golf could do a lot more.

Oil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.

No two countries that both had McDonald's had fought a war against each other since each got its McDonald's