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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Proud Deplorable who wrote (88160)10/30/2007 8:49:15 AM
From: andiron  Read Replies (2) of 110194
 
dubai is a chimera..representative of modern day financial chicanery.
recetnly south asian workers, who saw their meagre wages tumble even more due to - lo and behold - dollar plunge as currency there is also tied to USD, launched a strike that threatens the construction industry..
huge water shortage..not a whole lot of wealthy resident population who can afford those ultra expensive towers a la miami , and we have a disaster waiting to happen in Doobai.
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