This was really no surprise. It was copy-cat America on an obvious scale with predictable consequences. Over building, huge shopping malls, and an attempt to transplant a luxurious life style into an inhospitable environment. There just seems to be something so incongruous and unreal about it. These kinds of dreams where everyone wants to live like a millionaire is just not sustainable using debt as the main vehicle for wealth creation. Dubai has to be a classic example of building a wedding cake using marzipan and icing, but forgetting to put in the fruit mixture as the base.
