Until about a year and a half ago, Dubai has been lionized non-stop in international business media as the prime example of what brave new world in globalized economy can offer, and its ruler as the most enlightened and far-sighted man in the world. Then the whole thing evaporated overnight when the financial crisis hit.
To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2 posted on
11/26/2009 8:17:02 AM PST by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
And so Babylon falls.... what is the next sign of the appocolypse? 1.3 billion Chinese with BB-guns on the shores of California? A missing city in India or Pakistan? The bankruptcy of Washington Mutual?
3 posted on
11/26/2009 8:19:06 AM PST by
Porterville
( I have come here to chew bubble gum and kick ass, and I'm all out of bubble gum)
To: TigerLikesRooster
Building on sand is never a good idea.
Much better to build on the solid rock.
4 posted on
11/26/2009 8:20:37 AM PST by
BenLurkin
To: TigerLikesRooster
It will be interesting to see what effect this has on the markets tomrrow. In Europe today the markets are down and bank stocks have been taking a bath. Might be a bigger day yet for precious metals.
To: TigerLikesRooster
8 posted on
11/26/2009 8:26:50 AM PST by
FromLori
(FromLori)
To: TigerLikesRooster
Financial crisis or not, this development was doomed from the start.
To: TigerLikesRooster
12 posted on
11/26/2009 8:36:46 AM PST by
FromLori
(FromLori)
To: TigerLikesRooster
The curse of the world’s tallest building strikes again! It seems that building the tallest edifice brings the wrath of God to any Babel-icious city!
13 posted on
11/26/2009 8:42:57 AM PST by
Jagman
To: TigerLikesRooster
Those artificial islands they created were engineering marvels but I thought at the time why do it? Once they stop dredging, the ocean will take back what they created.
To: TigerLikesRooster
Dubai is now the HQ for the Nigerian scam. New twist you can even open a bank account online there.
15 posted on
11/26/2009 8:50:45 AM PST by
edcoil
(If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
To: TigerLikesRooster
It was all a crock to being with, who in their right mind would want to live in a place where they kill the women for showing their face in public. Not to mention the muslim womens swim wear: Bodykini swimwear
17 posted on
11/26/2009 8:55:12 AM PST by
org.whodat
(Vote: Chuck De Vore in 2012.)
To: TigerLikesRooster
I have some English that visited Dubai on an almost free tour, their comments were hot and weird. They saw hundreds of empty houses and condos, their hotel appeared to be only a fourth full. There were far more service personnel than guests everywhere.
Did not recommend it.
19 posted on
11/26/2009 10:44:19 AM PST by
razorback-bert
(We used to call them astronomical numbers. Now we should call them economical numbers.)
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