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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 413.19+1.1%4:00 PM EST

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To: Snowshoe who wrote (47014)3/2/2009 4:27:17 AM
From: elmatador  Read Replies (1) of 219032
 
Friend leaves Dubai. Afraid of calaboush. Plans to default. In Dubai, if you owe money. Don't pay. You are thrown in the calaboush!

(I like that it should be implemented worldiwde!)

Contacted friend above over the weekend. His wife replies in Skype. He is in Brazil. I joked: Carnival away from wife.
She said no. he is working is his ceramic fatory.
Then we discussed the late news on Dubai debacle.

she said: well, now the prices are affordable, but there are no jobs!!

Then she continued: She is not sure husband will return. Owes money to banks. Money went to the ceramic factory. To pay he must sell.

(I thought: but that is what is happening with everyone who invested in Brazil. They did not have money to invest. They borrow to buy there!!!)

He is going to default!!!!!!

I told to his wife. Be carefull not be held hostage. She said she already talked with lawyer. Wait for daughter to finish school and will leave for good.

There are news of epople being held in calaboush, pay or don't leave.

Am I the only guy in this planet that doesn't owe money?
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