Qatar is roughly the size of Connecticut. Unlike Connecticut, though, there is no old money in Qatar. Only shiny new money. Fifty years ago, Qataris eked out livings diving for pearls and herding sheep. Today, the only pearls they encounter are the million-dollar ones wrapped around their necks, and the only sheep they come across are the sheepskin seat covers on their new Mercedeses. Rarely before in history has one nation grown so wealthy so quickly.

