2009
11.29

Dubai, Dubai, Dubai, Oh My

http://business.timesonline.co.uk/tol/business/markets/the_gulf/article6934261.ece

I mean, seriously, who’s surprised that Dubai is now mired in a debt they can’t pay off? Funny how building the worlds tallest building, man-made islands you can see from space, the world’s largest mall and an indoor ski resort will do that to you.

Government Debt, Exhibit A:

Dubai Before and After

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