Bubbles in the sand

[istara]

I'm forever blowing bubbles
Property bubbles in the sand
They grow so fast, obviously can't last
But why do I care, I still own the land
People keep on buying
I take all their cash
Oh, I'm forever blowing bubbles
And bubbles always crash

"Nowadays, ten months after the financial crisis came crashing in on the United Arab Emirates (UAE), nearly

Comments

[lafave]

what's the status of the various multinationals that opened offices there?

[doc_cathode]

What happens now (I read the linked article but am still unsure of much). How bad will things get? How will the average Dubai dweller be effected?

[anonymous]

Dubai is a shithole, a failed state where problems used to be resolved with money, laws easily adapted to the tune of the situation, the person(s) or companies involved. Now the economic recession is also hitting Dubai all the shit emerges; moronic administration and retarded judicial system. Dubai is nothing more than a dictatorship, a rogue state. Too bad a lot of people still fall for the layer of glitz and glamour veneer. Be warned underneath it's as rotten as hell.

[ubet_cha]

Are you ok? Its been several months now since you posted to this journal.