posted by greendome
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bitteranalysis.blogspot.com - 2/13/2009
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The worldwide economic house of cards continues its collapse. The latest victim? Dubai. On February 11, the New York Times carried an article entitled, "Laid-Off Foreigners Flee as Dubai Spirals Down" Click here to read more . Before examining this report, let's look at a bit of background on ...
smashingtelly.com - 2/17/2009
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smashingtelly.com —
Short of opening a Radio Shack in an
Amish town, Dubai is the world’s worst business idea,...
and there isn’t even any oil. Imagine proposing to build Vegas in a place where sex and drugs and rock and roll are an anathema. This is effectively ...
(more)
Goodbye Dubai
calculatedriskblog.com - 2/16/2009
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calculatedriskblog.com —
With crashing house prices in Dubai, the owners
are "driving away" as opposed to walking away ......
From The Times: Driven down by debt, Dubai expats give new meaning to long-stay car park (hat tip James) [F]aced with crippling debts as a result of ...
(more)
"Skips" in Dubai
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AMERICAblog News| A great nation deserves the truth
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