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Peacenow

Dubai is Bankrupt. Now everyone knows the FAKE arabs

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MZanzi   

**********please respect the rules of the website and stop the namecalling and insults*************

 

This is a warning.

 

[ November 27, 2009, 11:22 AM: Message edited by: Admin ]

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Sophist   

Dubai has been broke at least for the past 6 months. They city state has grown in unimaginable speed its economy mainly based on Real State and tourism. Both sectors had suffered immensely of late.

 

All in all Dubai has now become "too big to fail". Abu Dhabi will not allow DBX to go bankrupt. It will now has to be pudent in its development. Reason or rather lack of freedom will force its hand to tow the line as it were.

 

Sophist

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