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Old Nov 26th, 2009, 11:45 AM   #1 (permalink)
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The bubble is bursting with potentially lot of people at risk.

BBC News - Shares hit by Dubai debt problems

BBC - Stephanomics

BBC News - Dubai under scrutiny after debt payment delay

BBC NEWS | Business | Property auctions take hold in Dubai






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Old Nov 26th, 2009, 03:30 PM   #2 (permalink)
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Yup! Dubai is like a little kid that has his father's credit card called "Abu Dhabi". They make all the purchases and expect AD to bail them out everytime.. when they're busy attempting to break records of biggest, tallest, largest etc.







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Old Nov 26th, 2009, 05:12 PM   #3 (permalink)
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^^ and yet people from dubai dont like abu dhabi strange hehehehe


even the governer (maktoom family) of dubai doesnt have good terms with nahyan family







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Kya lutf anjuman ka, jab dil hi bujh gaya ho?
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Old Nov 27th, 2009, 12:45 AM   #4 (permalink)
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``Put simply, everyone in the markets thought that, in the end, the federal government in Abu Dhabi would stand by all of Dubai's bad bets. Apparently, they won't. http://newsimg.bbc.co.uk/nol/shared/...d_quote_rb.gif

Stephanie Flanders, BBC economics editor







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Old Nov 27th, 2009, 12:55 AM   #5 (permalink)
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indo pakis will be the first ones to let go?







uTh, ai shabnam! Hareem-e-laala-o-gul meN charaaGhaaN kar
taRap kar mahr ke partav meN har shai ko daraKhshaan kar!.....a she'r by my Dad!
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